Four decades ago, a visionary, Michele Ferrero, the creator of renowned brands such as Ferrero Rocher, Kinder, and Nutella, wrote a set of leadership principles that continue to influence and inspire modern management practices today. His 17-point guideline for senior executives offered profound insights into effective employee engagement, respect, active listening, and clear communication.
In the words of Ferrero to his management team, as reported by the Italian newspaper Gazzetta d’Alba, "When you are talking to someone else, keep in mind that he is also important.” This maxim serves as a powerful reminder that each individual holds significance, and treating them as such fuels their sense of purpose and commitment.
In an era when employee churn and disengagement pose serious challenges for businesses, Ferrero’s principles shine bright as an enduring beacon. With an uncanny knack for understanding and connecting with his employees, he not only produced delightful products but also orchestrated a work environment that was a testament to his commitment towards employee well-being.
Ferrero's blueprint for leadership encompasses key aspects such as giving employees the time and attention they need, encouraging active participation in decision-making, and ensuring open and clear communication. His guidelines advised against devaluing employees and recommended providing them with the most comfortable chair in the room, symbolizing their importance in the grand scheme of the organization. Ferrero advocated the practice of holistic problem-solving, timely action, and, most importantly, he emphasized the significance of being human.
What’s more, Ferrero's approach to leadership was pioneering in its focus on creating a unique and fulfilling employee experience. He recognized that happy and engaged employees are instrumental in delivering a positive customer experience, contributing significantly to a company’s overall success. The foundation of a superior customer experience is often laid by the employees who are at the forefront of interaction, shaping and defining the perception of the brand. Therefore, nurturing the employee experience became a critical pillar of Ferrero's strategy, a testament to his forward-thinking approach.
Today, even after 40 years, these principles hold strong and are remarkably applicable in the contemporary corporate landscape. They continue to serve as a guide for managers and leaders, underlining the fact that respect for employees and their involvement is crucial for a company's success. After all, in a world of transient trends and fleeting fads, Ferrero's timeless wisdom reminds us that the cornerstone of success remains rooted in human values and respect.
So, the next time you relish a spoonful of Nutella, remember that behind its globally beloved taste lies a carefully crafted leadership recipe that goes beyond the ingredients of nuts, milk, and cocoa. It includes the extra ingredients of respect, listening, engagement, and a unique approach to employee experience.