• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

Turn passion into action

by on
in Leaders & Managers

North American Tool CEO Curt Lansbery couldn’t understand why his employees weren’t maxing out their 401(k) contributions, even though the company kicked in. They were throwing away free money.

So one year, Lansbery brought a bag holding $9,832—employees’ unclaimed money from the year before—to the 401(k) enrollment meeting. He poured it over a table.

“This is your money,” he said. “It should be in your pocket. Next year, do you want it on the table or in your pocket?”

After a stunned silence, employees started funding their 401(k)s.

— Adapted from “Passion Provokes Action,” Dan and Chip Heath, Fast Company.

Like what you've read? ...Republish it and share great business tips!

Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...

We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.

The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.

" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/18174/turn-passion-into-action "

Related Articles...

    No matches

Leave a Comment