In my decades of working with CEOs, and in occupying the position myself, maximizing the CEO’s positive effect on the culture organization is always on my mind. We know that there is no “one size fits all” approach to leadership, yet I do see how much an organization benefits when a CEO chooses to be positive and chooses happiness. When leaders choose happiness, businesses do better. The CEO leads the culture, and the CEO’s attitude filters throughout the organization’s culture. Infusing the culture with a “happiness quotient” strengthens employee loyalty and performance, improves retention, attracts talent and brings out the best in people. The organization performs better.

Research performed at the University of Michigan led by Dr. Kim Cameron found: “When organizations institute positive, virtuous practices, they achieve significantly higher levels of organizational effectiveness.” Positive practices include: Being interested in and caring about colleagues; supporting one another; showing compassion when someone is struggling; avoiding blaming others; forgiving mistakes; inspiring colleagues at work; treating others with respect, gratitude, trust and integrity; and emphasizing the meaningfulness of the work. The Michigan study showed that the more virtuous the culture, the higher the performance in profitability and financial performance, customer satisfaction, and employee productivity and engagement. One illustrative data point from Gallup Healthways describes how “happier” employees show up for work, while those with a low “life satisfaction” score are absent on average 15 days per year more.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Stuart Levine

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.