Business Wire

Tupperware Brands Wants Companies to Invest in Building a Confident Workforce

Del

“The confidence cycle is the three-part, cyclical relationship between confidence and success.”

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170306005328/en/

The confidence cycle is the three-part, cyclical relationship between confidence and success. (Graph ...

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
  • 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.

Contact information

Media:
Tupperware Brands
Kimberly Brown, 407-826-4445
KimberlyBrown@tupperware.com
or
Edelman
Melissa Zabell, 212-642-7772
Melissa.Zabell@edelman.com

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Edgewater Networks Announces Event Sponsorship of BroadSoft Connections 201720.10.2017 21:00Pressemelding

Edgewater Networks, Inc., the industry leader in Network Edge Orchestration, announced today that it is an event sponsor of the BroadSoft Connections 2017 user conference, which takes place October 22-25 at the JW Marriott Phoenix Desert Ridge Resort & Spa in Phoenix, AZ. During the event, Edgewater Networks will feature demonstrations of the latest end-to-end network interoperability capabilities, including Zero Touch Provisioning, UC Analytics from the core to the endpoint, SD-WAN optimized for BroadSoft, and much more. Continuing a long-standing partnership with BroadSoft, Edgewater Networks has completed another level of BroadCloud certification, this time for local survivability which is critical for business continuity for SMB and Enterprise customers. BroadSoft’s PacketSmart is available on all EdgeMarc Intelligent Edges. All elements of the Network Edge Orchestration are

More than 70 Companies to Showcase Top Tech at CES Unveiled Paris20.10.2017 15:08Pressemelding

The Consumer Technology Association (CTA) today announced that more than 70 exhibitors will showcase their latest innovations at the now sold-out fifth annual CES Unveiled Paris The event will focus on the Internet of Things (IoT), connectivity and smart cities, and draw more than 600 attendees. CES Unveiled Paris will run from 2-7:30 PM on Tuesday, October 24, 2017 at the Palais Brongniart. Regional technology companies, top-tier media outlets, buyers and key industry influencers will come together at CES Unveiled Paris to get a direct look at the latest industry developments. The day kicks off with a CES news conference and CTA market trends presentation. Conference programming is followed by a tabletop exhibition & networking reception. Curated exhibitors will be there to showcase top tech from robotics and audio to smart home and augmented and virtual reality. Notable

Westinghouse Receives Regulatory Approval for Analysis Methodologies20.10.2017 12:15Pressemelding

Westinghouse Electric Company today announced that it has received approval from the U.S. Nuclear Regulatory Commission (NRC) for two new important analysis methodologies that will be used to upgrade Westinghouse- and Combustion Engineering-based nuclear steam supply system (NSSS) safety analyses. The approvals granted are for the new FULL SPECTRUMTM Loss of Coolant Accident (FSLOCATM) methodology and the Performance Analysis and Design Model software code update, PAD5. FSLOCA is capable of improved modeling of the transient response in a pressurized water reactor to the full spectrum of LOCA break sizes that could occur, and PAD5 is the next generation of the Westinghouse fuel rod design performance code. “These codes were developed to work in concert with each other to maximize analytical margin for nuclear utilities,” said Michele DeWitt, senior vice preside

Gilead Announces Multiple Scientific Presentations Demonstrating High Cure Rates in Difficult-to-Cure HCV Patients and Improved Long-Term Bone and Renal Safety of Vemlidy® in HBV Patients Switched from Viread®20.10.2017 12:03Pressemelding

Gilead Sciences, Inc. (NASDAQ: GILD) today announced results from Phase 2 and Phase 3 studies of its approved medicines for chronic hepatitis C virus (HCV) and hepatitis B virus (HBV) infection, adding to the body of evidence supporting Gilead’s viral hepatitis therapies in diverse patient populations. These and other data from more than 25 abstracts will be presented this week at The Liver Meeting® 2017, which begins today in Washington, D.C. Positive results from studies of Harvoni® (ledipasvir 90mg/sofosbuvir 400mg) in HCV-infected patients with severe renal impairment, Epclusa® (sofosbuvir 400mg/velpatasvir 100mg) in HCV-infected liver transplant recipients and Vosevi® (sofosbuvir 400mg/velpatasvir 100mg/voxilaprevir 100mg) in NS5A-inhibitor experienced HCV-infected patients will be presented during poster sessions on October 21 and October 22. In addition, updated results f

SP3H Announces That It Has Obtained a €1.2 Million European Union Grant for Its Intelligent and Clean Vehicle (VIP) Project20.10.2017 10:47Pressemelding

SP3H is proud to announce joining the very select circle of the 10 French winners of the H2020 SME Instrument Phase 2 program since 2014. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171020005325/en/ Last summer VIP received the very prestigious SME instrument phase 2 H2020 label in the "transport & smart cities mobility" category. With an overall budget of € 1.7 million, VIP is subsidized by the European Union at a rate of 70% or €1.2 million. The framework contract was officially signed early October. VIP is the pre-industrialization program for Fuelbox sensors, the world's first miniaturized scanner capable of analyzing the quality of fuels on board vehicles. The heart of the program remains closely linked to the reduction of CO2 and pollutant emissions from vehicle

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom