Joining us in this episode is Andy Alsop. Andy is the CEO of The Receptionist. It is the first iPad visitor management system for digital front desk check-in. As the company started, he came across Gino Wickman’s Traction methodology and adopted it. They saw the need to establish their just cause or their “why”. They are determined “to build a company that operates with compassion, lives with integrity, and fosters strong human connections.”
In this exciting discussion, Andy highlights the employee supremacy, business model. It encouraged him to prioritize the welfare of their employees and do what is in their best interest rather than focusing on their investors and his wealth. Andy shares how this type of management has created wonders for their company and continues to bring out the best in their employees, resulting in excellent service and more incredible benefits.
Key Points from This Episode:
“So, I have something else that I've been talking about, which is employee supremacy. The idea here is rather than focusing on the investors, you focus on the employees and you do what's in the interest of the employees.” [00:14:40]
“Figure out what your just cause is. And that's where you can get to implementing something like employee supremacy." [00:31:29]
“If you have an employee supremacy model, you're always going to get the best employees. We're at the point now that I'm talking about it, it's getting out a little more, and employees are coming or applicants are coming saying I heard this podcast, we want to work for the company. Because who wouldn't want to work for a company that isn't focused on the shareholders, but is focused on the employees? We're doing all the work and you end up getting some of the best employees, which gives you a greater competitive advantage in the marketplace.” [00:27:12]
“And I'm not saying investors are not important, I own well over 50% of my company, I am the biggest shareholder, but I believe shareholder value on my company is going to grow faster, because we are focusing on employees not focusing on my wealth, and what I'm going to get out of it.” [00:15:55]
Links Mentioned in Today’s Episode:
Traction: Get a Grip on Your Business by Gino Wickman
The Infinite Game by Simon Sinek
The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich by Tim Ferriss
About Andy Alsop
I am proud to be the CEO of The Receptionist. I am passionate about achieving our Just Cause which is to "Build a world where a company’s profits fuel the mission to be in service to its employees and the community." I strongly believe that Shareholder Supremacy has created a toxic corporate culture while Employee Supremacy creates extraordinarily valuable companies that exist to serve its customers without all of the corporate 'ick."