Standing out as an employee can be difficult when you’re surrounded by such talent. To build your career and move forward, you must stand out and show how you are different. Your performance has to be stellar and you have to make sure your boss knows it.
Creating a contribution statement is something that isn’t a common action of many employees and will allow you to display your dedication to your responsibilities, as well as communicate how you will perform for your company.
In this episode, I describe the role contribution statements play in the workplace and how to craft one for yourself.
Check out this episode on YouTube
Jack Perry: 00:01 Well, Hey, ladies and gentlemen, this is Jack Perry SourcePoint coaching and welcome. I’m in the studio today, as you can see. And um, I’ll often get asked a lot of questions about, how to make a contribution at work, how to improve my, my work productivity, how to improve my, my lifestyle quality of life, how to improve my relationships with my supervisors, my bosses, my CEOs. Uh, if you’re at that level and, and a tool that I have used in the past, which I think is, is, is, uh, very appropriate for today and especially in today’s market and the fluctuating market and, and a lot of companies that may be laying people off or doing a reduction in force or the, or a realignment, uh, something that could make you really stand out from the rest of the pack is something I call a contribution statement, a contribution statement.
Jack Perry: 00:58 And it’s just, it’s just what it says. It’s, it’s a contribution of what you can do as an employee, uh, to your, to your manager, to your bosses. What is it that I can do to contribute to the success overall success of my company, my goal, my team, my organization, and the people around me. So, um, before you get weirded out on, on that, just think about it for a second. What would it look like in your world if an employee, one of your direct reports came to you with a piece of paper that said, hey, you know what, Jack, thank you for being my boss. But you know, there’s a couple of things that I believe I can contribute to the organization of the company to help with the overall benefit of our underlying, uh, goals, our balance sheet, our P & L, and a couple of things that we may want to do differently.
Jack Perry: 01:50 And if I’m promoted or if I’m putting this position, I commit to you that I will contribute to the team of the organization by doing these. Just these two or three things, just two or three things. Don’t go over the top. Don’t go six, 10, 12. Because if you put too many things on a contribution statement, uh, you will find that you can’t accomplish all those things and then you’ll just end up feeling bad when you don’t get to accomplish them all. So what does a contribution statement do and what does it look like? Contribution statement is simply a, is a statement that you make understanding what is the needs of your company. Do you understand your market that you’re in? Do you understand how your company rates in the market? Do you understand what the needs of your company are? Do you understand what the goals are?
Jack Perry: 02:38 Do you understand what the mission of your company is? Now, if you understand all of those things, and it can be easily done by going online, doing a little bit of research, or even going to your website and finding your mission statement for your company, you could find those things out and just ask yourself, what is it that I can do to the company? What challenges or what things do I see happening every single day at work that aren’t quite going right? But I know in the back of my mind that there’s something that I can contribute to make a change. Um, a great example would be a company I’ve worked with before. It’s a fortune 50 company actually. And one of the things they found was that there was a lot of, of friction between the people who load the trucks and the people who deliver the product that’s on the trucks.
Jack Perry: 03:27 And there was always friction. Things weren’t showing up on time, things weren’t getting to the customers where they’re supposed to be, um, there was a few things or different types of products were packed and wrong parts of the vehicle and it was making it difficult. They had to unload it just to get to one or two boxes. And so, uh, they decided to do, you know what, what if we got the drivers and the loaders all together and they discussed what each one’s needs, goals and objectives are, and we discussed how is it that we can contribute to each other to help the overall mission of the company. And the gentleman who I actually coached and any an I will say, he did get promoted to a regional manager. Uh, he actually, um, put that in a contribution statement that he would negotiate, facilitate a meeting between drivers and the actual loaders of those vehicles and heaven, Heaven, Heaven, heaven forbid that, uh, they actually realize that, they were all working towards the same goal but on different tracks.
Jack Perry: 04:33 So his contribution was to streamlined, smooth, and reduce loss of product by, I think it was like 15% is what he originally said., but he actually increased it by about 30% over a period of six months. So when he came around for his review, he had already written down on a piece of paper his contribution statement of what he was going to contribute to the company to help the overall bottom line of the company. That was his contribution statement. And then what was interesting is that when it came time for reviews for annual reviews and bonuses, he’d already written his bonus, so to speak. He’d already written his review because he had already told the company, his managers, his leads, CEO’s, CFO’s what he was going to do in this period of time to help the bottom line of the company. And he did that by doing a contribution statement.
Jack Perry: 05:26 And when he actually went in for the interview for the new position that he was actually promoted to, they were surprised when they, when he said, when they asked him in the interview question, what is it that you wish to see differently or what do you, what is it that you want to see happen while you, if you get this position? And he said, well rather than me tell you, let me just show you. So he actually wrote his contribution statement out because he had a great coach and he actually signed it and made a commitment to them that this is what I will contribute. This what I will do in the next six months if I get this position. And you know, he succeeded in doing it. So a contribution statement is you telling the company, telling your bosses, your seniors, even yourself, these are the things that I’m going to do to contribute to the overall success of my team, my organization and my company.
Jack Perry: 06:16 And let me tell you something else folks. A contribution statement works very, very well in a home environment as well. When you have a spouse or a child and you want to say, this is what I’m going to do as a husband to contribute to this family over the next five, 10, 20 years or so and to help my family grow and be better. So it works kind of in the professional world. That also works in the personal world as well. And yes, I do have a contribution statement. So Ladies and gentlemen, this has been Jack Perry SourcePoint Coaching. Uh, today’s topic has been on writing on contribution statement and how contribution statements can help you in your work environment. Also in your, in your home environment as well. A contribution statement is what you will contribute to the company, to the team, to the organization to help them be successful. In turn helps you be successful as well. Okay. This is Jack Perry SourcePoint Coaching. You can reach me at sourcepointcoaching.com or you can get a hold of me at email@example.com and if you feel bold enough, you can give me a text, identify who you are and why you’re texting me at (770) 330-9212 I look forward to hearing from you. Keep reaching for the stars and always, always believe in yourself.
Jack Perry: 07:32 Okay. Thank you very much.