What is Spirited Economics™?


The basis of Spirited Economics™ is that employee spirit is a largely untapped quantifiable corporate financial asset.

Switched-on employees create profit


Successful business leaders intuitively see that some important variables are left out of the standard economic model.  Spirited Economics expands that narrow model and treats employee spirit as an operating income that must also be factored into the bottom line.  Imagine how performance will improve if everyone understood that employee spirit is a P&L line item!

Spirited Economics is based on the transformational belief that employees cannot be motivated and incentivized to deliver improved performance.  They must want to do this. In this model the level of company and team performance is directly linked to the answer to the questions,

‘Are our employees working with spirit?’

‘Are they switched-on to the business goals?’

If the answer is  ‘Yes!’  these are the measurable benefits economically and culturally.

Economically:

Reduced Operating Costsstackofmoneyman
Increased Productivity
Higher Profit Margins
Profitable and Innovative Decision Making
Increased Employee Satisfaction
Increased Customer Satisfaction
Achievement of Strategic Goals
Enhanced Revenue

Culturally:

Communicate openly and honestly.
Energetically, boldly and courageously strive to achieve a powerful shared vision.
Take accountability for delivering superior performance.
Enthusiastically and energetically maximize their talent.
Share critical information.
Use time in a results-focused way.
Don’t sweat the small stuff.
Find creative solutions to challenges.
Work collaboratively.Offer extra-ordinary customer service.

Just as a spirited coach builds a spirited team that wins games and fans, so spirited leaders build a spirited workforce that wins customers and boosts sales.

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