“Employees are the heart and soul of every company. Vineet Nayar’s book tells the story of how management can step out of the way to let employees lead– and to let engagement and productivity soar.” –Tony Hsieh, CEO, Zappos.com
The EFCS model is based on 5 main tenets:
- Accepting imperfections as catalysts for transformation
- Seeding trust by stretching the envelope of transparency
- Reversing accountability by bringing the bottom to the top
- Decentralizing decision-making
- Collaborating to create value
Through this philosophy Vineet Nayar has been able to achieve transparency and accountability within the organization, two very important attributes most valued by the employees. Through such a culture employees find motivation and pride in working for the company and of course quality work and loyalty follows.
The book takes us through some examples and experiences on how their smart service desk, transparency in performance reviews, interactive meetings, career planning and development initiatives, reward and recognition portal, face to face interaction with the customers and effective feedback process has resulted in satisfied employees and an increase in revenue for the company.
Employees First, Customers Second: Turning Conventional Management Upside Down not only depicts the journey of HCL from the slowdown days to the fresh new achievement of being the forerunner in the IT industry it is also a brilliant leadership manual for those who wish to learn from others’ experience and implement what has been well tested and liked by employees. After all, it is tough to find, motivate and retain good employees; so developing and taking good care of the best asset of your company should always be a priority.
Find this book at Amazon.
About the author: Vineet Nayar is the CEO of HCL Technologies Ltd., India’s leading global IT Services Company. Fortune magazine called his leadership style The World’s Most Modern Management and the London Business School cites him the leader of organizational innovation.