Purpose Builds Confidence

Purpose and Confidence Drive Investment

Purpose Fosters Strong Bonds

Purpose Keeps Us Alive

Purpose Makes Us Happy and Healthy

According to the Deloitte Core Beliefs and Culture survey, organizations with a strong sense of purpose are more confident in the future than

organizations without a strong sense of purpose.

Why Care About Purpose?

82% of respondents were confident their company would grow this year, vs.

48%

83% of respondents were confident their company

would stay ahead of industry disruptions, vs.

42%

79% of respondents were optimistic that their firm would outperform their competition in the long

term, vs. 47%

“Respondents who work for an organization with a strong sense of purpose are consistently more likely to say their organization will

increase investments year over year, especially in areas such as:”

New Technologies: 38% vs. 19%

Expanding to New Markets: 31% vs. 21%

Developing New Products: 27% vs. 17%

Employee Development: 25% vs. 11%

Organizations with a strong sense of purpose are more innovative, have more engaged employees and are better positioned to take

advantage of new opportunities.

Employees at firms with a strong sense of purpose are 50%

more engaged in their work.

“If we feel a greater sense of purpose than the average

person, then we reduce our risk of dying by 15% over the next 14 years (Hill & Turiano, 2014. Purpose in Life

as a Predictor of Mortality Across Adulthood. Psychological Science)”

“Hedonic happiness is the elevated mood we experience after an external life event, like buying a new home,” while eudaimonic

happiness “is our sense of purpose and direction in life, our involvement in something bigger than ourselves.” Of the two,

eudaimonic happiness in particular is associated with a better-functioning immune system, according to Cole.

Source: A functional genomic perspective on human well-being - Excerpt from The Atlantic

Monday, May 11, 15

Opportunity to Improve70% of workers are

disengaged

Source: Gallup State of the American Workplace Survey 2013

$450-550 Billion lost to disengagement per

year in the US

3% of US GDP

Or the entire economic output of the state of New

Jersey

$550,000,000,000 is...

The market value of

and COMBINED

Disengaged Young Adults

At least one in six young adults is disconnected from education and work. Projections show that over the lifetime of these young people, taxpayers will assume a $1.6 trillion burden to meet the increased needs and lost revenue from this group.

The estimated aggregate social burden is $4.75

trillion.

That’s $1.25 trillion MORE than the entire 2014 US Federal budget..

Source:http://www.serve.gov/new-images/council/pdf/econ_value_opportunity_youth.pdf

Columbia University and CUNY/Queens College, “The Economic Value of Opportunity Youth.”

Cost of Replacing Employees

Up to 213% of annual salary for highly educated executive positions. For example, the cost to replace a $100k CEO is $213,000.

Firms with 9.3 engaged employees for every actively disengaged employee experienced 147% higher earnings per share (EPS) compared with their competition. Those with an average of 2.6 engaged employees for every actively disengaged employee experienced 2% lower EPS compared with their competition.

Source: Gallup State of the American Workplace Survey 2013

According to a 2010 Burson-Marsteller/IMD Corporate Purpose Impact study, a strong and well-communicated corporate purpose can contribute up to 17% improvements in financial performance

Benefits of Engagement

Monday, May 11, 15