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Published on Dec 17, 2015

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PRESENTATION OUTLINE

THE POWER OF HABIT

ALCOA

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ALCOA(1986)

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new management was necessary

PAUL O'NEILL

we chose him because

used to work as deputy director of office management

O'neil was working for the government when he

he noticed that bureaucrats/politicians responded to

alcoa's investors were skeptical of him at first because

believed that by changing keystone habits a company can

KEYSTONE HABITS

habits to be changed

#1 cue: competitors gaining profits/investors

routine: management would unwisely try to

reward: the quality of alcoa company product

#2 cue: an accident would happen causing injury

routine: the injury would be recorded,

reward: they could not take the proper steps to

HABITS CREATED

#1 CUE: AN ACCIDENT WOULD OCCUR CAUSING INJURY

routine: all levels of management required to report

reward: problems are dealt with quickly and

#2 cue: promotions for ideas to reduce injury

routine: many helpful suggestions are made and

reward: safe, happy workers creat higher quality product

RESULTS

ALCOA developed one of the first genuinely worldwide

alcoa's stock price has risen more than 200%

in 2010 82% of Alcoa locations didn't lose on employee day

Alcoa is one of the safest places on earth