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Charles O'Reilly III
Professor, Stanford Graduate School of Business
In the How Great Companies Achieve Extraordinary Results with Ordinary People video, Dr. Charles O'Reilly argues that the source of sustained competitive advantage already exists within every organization. O'Reilly's prescription for an overheated labor market: abandon the obsession with hiring high-priced stars, instead motivating ordinary people to build a great company and achieve extraordinary results.
How Great Companies Achieve Extraordinary Results with Ordinary People Program Highlights:
- Common assumptions about workers that are totally wrong.
- Why money is a terrible motivator.
- People-centered practices that can double productivity.
How can corporations get the most out of their employees? In the How Great Companies Achieve Extraordinary Results with Ordinary People video, Charles O'Reilly challenges the prevailing wisdom that companies must chase and acquire outside talent in order to remain successful. He argues that companies need to abandon the obsession with hiring high-priced stars, and instead motivate ordinary people to build a great company and achieve extraordinary results.
According to O'Reilly, companies should start with a set of values that creates a culture where psychological ownership takes precedence over financial incentives. Employees need to feel listened to, they need to feel that they can make a difference, and they need to feel appreciated.
Easier said than done? O'Reilly shares success stories from Southwest Airlines, Men's Wearhouse, the SAS Institute, and others. He also identifies companies that have tried but failed to change their cultures, and points out the moment of failure. Can organizations change themselves? O'Reilly says yes. And in this lecture he provides a road map for success.
- How Great Companies Achieve Extraordinary Results with Ordinary People DVD (52 Minutes)
Charles O'Reilly III is the Stanford University Graduate School of Business Frank E. Buck Professor of Management, and has been on the faculty of the University of California, Berkeley and the University of California, Los Angeles. He holds a BS in chemistry from the University of Texas, as well as an MBA in information systems and a PhD in organizational behavior, both from the University of California, Berkeley. Dr. O'Reilly is the author of Hidden Value: How Great Companies Achieve Extraordinary Results with Ordinary People.
Stanford Executive Briefings Filmed monthly at the Stanford University Faculty Club, these lively presentations give you access to high-level speakers who share their insights and “best practices” with the business community.
This training program is included in the People and Productivity Collection