Understanding the Performance Formula and Employee Motivation
At 0:04 in
How to Build an Amazing, Loyal, Happy Team
What happens here
This video is not a traditional DIY project involving the construction or assembly of physical objects. Instead, it presents a motivational concept for business owners regarding employee performance, derived from an interview with Tom Ziglar (son of Zig Ziglar). The speaker introduces the 'Performance Formula': Attitude x Effort x Skill = Performance. He illustrates how a new employee, typically starting with a score of 1 for each factor (1x1x1=1), can quickly improve to a score of 8 (2x2x2=8) by increasing their attitude, effort, and skill. The ultimate goal, he explains, is for employees to reach 'threes' in all areas (3x3x3=27), leading to significantly higher productivity and earnings (3 to 5 times the industry average). The key to achieving this, according to the speaker, is to help employees tie their personal dreams and goals to their job, fostering intrinsic motivation rather than just external incentives. This shift empowers employees to take ownership of their attitude and drive their own success.
Goal: Grasp concepts of employee performance and motivation within a business context.
What they say
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What they say
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