Kerry Siggins, CEO of StoneAge and author of The Ownership Mindset, discusses building an ownership mindset in teams and company culture with host Robert Glazer. They explore the importance of valuing employees, grooming successors, evolving workplace culture, and empowering employees for success.
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Quick takeaways
Prioritizing employees over customers leads to enhanced customer service.
Valuable feedback and self-awareness improve leadership and vision communication.
Implementing ownership mindset boosts employee engagement and organizational performance.
Deep dives
Fostering an Employee-Centric Culture
Prioritizing employees over customers can lead to better customer service. By valuing employees first, they are empowered to enhance customer experiences. An employee-centric culture involves practices like giving feedback, fostering teamwork, and ensuring self-leadership. This approach emphasizes the importance of creating a supportive and caring work environment for employees, which in turn positively impacts customer relationships.
Learning from Feedback and Improving Leadership
Valuable feedback from a colleague led to self-awareness and transformation in leadership style. Acknowledging the feedback about being perceived as erratic, the leader focused on clearer communication and vision sharing. This experience highlighted the importance of articulating the vision, being calm under pressure, and connecting decisions to the overall company direction. Learning from mistakes and feedback can lead to significant leadership growth and organizational improvement.
Empowering Employees through Ownership Mindset
Implementing an ownership mindset in the company can enhance employee engagement and motivation. Providing avenues for employees to think and act as owners, whether through profit sharing or stock ownership plans, can align their interests with the company's success. Cultivating ownership thinking involves facilitating decision-making autonomy, trust, and accountability. By empowering employees with ownership benefits and fostering a sense of ownership in their work, organizations can drive performance and commitment.
Transformative Leadership Lessons and Vision Setting
Reflecting on a key leadership mistake that led to organizational learning and growth. Overcoming challenges in leadership style by focusing on clear vision articulation and remaining composed under pressure. Developing a shared organizational vision document to align decisions and actions with future goals. The experience underscored the significance of learning from feedback, enhancing communication, and creating a cohesive vision for the company's direction.
Creating a Clear Value Stack for Organizational Success
Establishing core values and guiding principles to drive organizational success and employee engagement. Emphasizing self-leadership, teamwork, and customer service as foundational values. Defining practical behaviors and actions that align with each core value to shape a positive organizational culture. Communicating a clear vision and fostering collaboration based on self-leadership, effective teamwork, and customer commitment.
Kerry Siggins is the CEO of StoneAge, a leading manufacturer of industrial cleaning equipment and one of Inc. Magazine’s Best Place to Work in 2023. Most recently, she was selected as EY’s Entrepreneur Of The Year in 2023 and is regularly keynotes on several business and leadership topics. She’s the author of the new book, The Ownership Mindset.
Kerry joined host Robert Glazer on the Elevate Podcast to talk about her career, building a top culture and cultivating an ownership mindset on your team.