Ron Johnsey is the founder and chief executive officer of ThinkWhy LLC, a SaaS start up focused on a new solution in the labor market space. Ron is a true visionary by the EOS definition, and previously built and successfully exited from another SaaS company, Axiometrics, one that he started and was CEO of for 23 years. ThinkWhy LLC believes that in today’s evolving workforce and tight labor market, this software provides businesses with a strategic competitive advantage. Ron Johnsey joins us on the Critical Mass Radio Show for more.
1.Retain your people.The U.S. is a growth story. As Ron Johnsey puts it,” if we are not growing then we are dead.” In order to grow however, you need people. It is vital that the retention of your employees is strong. In order to maintain the people you hire, you need to pay them well and provide the right services to ensure that the employees’ needs are being met to the best of your ability. Otherwise, you as a business cannot grow and succeed.
2. Have an engaged workforce. CEOs and executivestypically do notput in as much effort as they should to truly understand the culture of their company. This feeds into the employees that are brought on to help expand and grow the business. The number one advantage that smaller companies have against their bigger competitors, as stated in the interview, is an engaged workforce. Hiring to fit the culture of the business and then reinforcing that culture is the only way to truly manifest the work environment that you, as an executive or CEO, desires to see. This also weeds out the employees that are there for just a paycheck from those that are fully engaged and committed to the success of your business.
3. People want metrics to be judged by. People want feedback and they do not want it anonymously. In a high trust environment, you can have a high level of accountability as well. Accountability does not come from a lack of trust, it comes from a high value of trust that the set of goals mutually agreed on will be met and are ultimately the best decisions for the success and growth of your company. Therefore, it is extremely important to maintain that high level of trust and provide necessary feedback with a name attached. It not only allows those receiving the critiques to fix and readjust their strategies, it also gives insights as to who is looking into your brand and your ways of performing and meeting the demands of your clients.
Listen to our full interview with Ron Johnsey on the Critical Mass Radio Show here: