Tupperware Brands Wants Companies to Invest in Building a Confident Workforce
- Research conducted with Georgetown University shows how confidence
boosts the bottom line
- Increasing worker confidence boosts the bottom line, yielding 22%
higher sales
- Confidence can be cultivated and its straightforward to do
- Support in the face of setbacks is key to rebooting lost employee
confidence
ORLANDO, Fla.--(BUSINESS WIRE)--
“The confidence cycle is the three-part, cyclical relationship between
confidence and success.”
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The confidence cycle is the three-part, cyclical relationship between confidence and success. (Graphic: Business Wire)
The much sought-after road to success isn’t without its bumps, but those
setbacks may be a company’s biggest opportunity to inspire confidence in
its workforce, says a new study released today by Tupperware
Brands Corporation (NYSE: TUP).
The Hard Value of Soft Skills report, conducted in partnership
with Georgetown
University’s McDonough School of Business, found that confidence
drives business and professional success and can be systematically
cultivated among workers, regardless of geography. The two-year study
surveyed 4,000 employed adults in Brazil, South Africa and the United
States.
For decades, Tupperware Brands has seen the economic impact of
cultivating confidence among its workforce, a proven link between
increased confidence and earning potential. Uniting with Georgetown
University, a fellow UN
Women IMPACT 10x10x10 Champion, Tupperware Brands sought to discover
if positive confidence cycles had the same impact in the broader
business world.
Regardless of demographic or business model, as confidence increases, so
does business success. Tupperware found confidence to be a dependable
predictor of success. Specifically, more confident workers yield:
-
An average of 27% more recruits or new business leads
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An average of 22% higher sales
“A billion women will enter the workforce in the next decade. Think
about how important confidence will be to their success,” said Dr.
Catherine H. Tinsley, the Raffini Professor of Management at Georgetown
University’s McDonough School of Business and Academic Director of the
Georgetown University Women’s Leadership Institute. “Confident people
are more likely to solve problems, be more innovative at work and work
independently. Therefore, businesses have a real incentive to cultivate
worker confidence.”
SUPPORT THROUGH SETBACKS REBOOTS THE CONFIDENCE CYCLE
Often, one of the greatest challenges with confidence is how to bounce
back when confidence is lost. The key is developing a supportive and
empowering culture that allows employees to learn from their mistakes.
However, the research found that to be most effective, this message must
be embedded in the organization’s culture, rather than come from a
direct supervisor.
“For years, I’ve seen firsthand the value of non-cognitive skills, like
confidence and resilience, within our workforce,” said Rick Goings,
Tupperware Brands Corporation Chairman and CEO. “These findings show
that no matter where you work, confidence is good for business. It’s up
to management to build a culture where employees are encouraged to learn
and grow, and I encourage CEOs and business leaders to put these
findings into practice and cultivate a more confident workforce, given
its immense value.”
Workers who felt they had permission to fail reported increased
confidence, increased productivity and an improved ability to overcome
challenges.
-
Workers’ confidence increases up to 30% when organizations treat
failure as a signal of effort and not a lack of worker competence
-
More confident workers are 45% more optimistic about their life and
future
-
More confident workers are 24% more likely to overcome challenges
encountered at work
Additionally, research shows that the link between confidence and
success is universal, within Tupperware Brands and beyond, and across
countries, gender, and enterprise types. The confidence-success link
exists regardless of total work experience or experience in one’s
current job, suggesting that confidence exists separately from
on-the-job experience.
SURVEY METHODOLOGY
The research team was led by Tinsley, with collaboration from Jason
Schloetzer, the William and Karen Sonneborn Term Associate Professor of
Business Administration at Georgetown University’s McDonough School of
Business, and Matthew Cronin, associate professor of management at
George Mason University School of Business.
The study was conducted in two phases, seeking to identify the tangible
drivers of confidence, pinpoint the concrete economic impact of women’s
confidence regardless of market or demographic and quantify the role
that confidence plays in women’s economic empowerment. This research was
conducted among 3,500 current Tupperware Sales Force members and 500
non-Tupperware affiliated, employed adults in Brazil, South Africa and
the U.S.
Researchers began Phase I by analyzing when workers feel most and least
confident. Revisiting the confidence cycle, the three-part, cyclical
relationship between confidence and success, they heard that workers
struggle to “reboot” their confidence upon encountering a challenge or
failure. Although the confidence cycle can be rebooted several ways,
from incentives to recognition programs, the researchers isolated
“permissible failure” as a factor for further analysis. In this context,
permissible failure means creating an organizational culture where
workers are told that setbacks and challenges are positive byproducts of
hard work.
In Phase II, researchers conducted a randomized controlled trial
experiment within Tupperware across Brazil, South Africa and the U.S.
First, all participants were surveyed on their perceived levels of
confidence. Next, over a six-week period, workers viewed one of two
pre-recorded videos: a “test” message, that failure is part of the road
to success, or a neutral motivational message. After each group viewed
their respective video multiple times, participants were surveyed on
their confidence a second time. In addition, researchers analyzed sales
and recruitment data at the beginning and end of the six-week period.
Outside of Tupperware, employed adults were surveyed to test the
generality of the psychological process which affects confidence,
failure and success, using the well-validated MacArthur
scale of subjective social status.
About Tupperware Brands Corporation
Through an independent sales force of 3.1 million, Tupperware Brands
Corporation is the leading global marketer of innovative, premium
products across multiple brands utilizing social selling. Product brands
and categories include design-centric preparation, storage and serving
solutions for the kitchen and home through the Tupperware brand and
beauty and personal care products through the Avroy Shlain,
BeautiControl, Fuller, NaturCare, Nutrimetics, and Nuvo brands.
About Georgetown University’s McDonough School of Business and the
Georgetown University Women’s Leadership Institute
Georgetown University’s McDonough School of Business, the premier
destination for global business education, provides a transformational
education through classroom and experiential learning and prepares
students to graduate as principled leaders in service to business and
society. The Georgetown University Women’s Leadership Institute (GUWLI)
is an academic research center housed in the McDonough School of
Business that serves as a platform for research collaboration and the
scientific study of the impact of gender in the workplace and in
economic growth worldwide. The institute brings together leading
faculty, business leaders, and students to expand knowledge and build
understanding and to advance evidence-based, creative, and collaborative
approaches to close gender gaps in leadership, workplace success, and
pay. Learn more at guwli.georgetown.edu.
Follow us on Twitter: @GUWLI.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170306005328/en/
Media:
Tupperware Brands
Kimberly Brown, 407-826-4445
[email protected]
or
Edelman
Melissa
Zabell, 212-642-7772
[email protected]
Source: Tupperware Brands Corporation