16. Engagement: Defining When employees at different levels feel involved and enthusiastic about their jobs and their organization The willingness and ability to contribute to company success “Extent to which employees put discretionary effort into their work, in the form of extra time, brainpower and energy" -Towers Perrin Study Some employees quit and leave, others quit and stay. - “Creating a Culture of Engagement”, Katherine Esty & Mindy Gerwitz
17. Engagement:The Numbers Real Benefits Highly engaged employees outperform unengaged 20-28% Share prices of companies with engaged employees rose 16% compared to industry average of 6% -Serota Consulting, 2005 Companies with high engagement saw operating margin rise by 3.74% over 3 years Real Costs Disengaged workers cost money: $243-270B lost annually due to low productivity Net Profit down 1.38% over 3 years Operating margin down by 2.01% over 3 years U.S. Department of Labor survey found annualcost to U.S. Businesses from employee turnover is $5 Trillion! ($5,000,000,000,000) Sources: The WOW Workplace, Mike Byam (@TerryberryCo) & Creating a Culture of Engagement” Katherine Esty & Mindy Gerwitz, Boston.com
18. Engagement: The Current Reality 11% -- Strong commitment to the organization 13% -- Actively non-engaged 76% -- Up for grabs What can you do to grab the up for grabs?
29. Information Management Overload: One Example: Employee Onboarding 80 Percent of new hires that decide whether to stay with a company within the 1st six months
30. “Consider: the more energy it takes for you to manage your present, the less energy your organization has for managing the future. The resultant, poorly crafted future becomes your new ill-managed present – with ever-diminished attention to the increasingly ill-managed future. And the cycle continues. Your present must be made solid, reliable and effective.” – I.T. Wars Current employee information is spread through different locations (spreadsheets, desktops, active directory, paper, time systems, etc)
40. tools to be successful and the freedom to use themYou have to bake all of these into a supportive culture of sharing or it won’t work
41. IABC :: On Social Computing “This social hunger is one we can’t ignore and it’s one that business can’t ignore” -Mark Schumann, IABC Chair “Everyone doesn’t need to tweet. But every organization does need to ask itself: In our efforts to engage people, what is the role of conversations and when we look at the kinds of conversations that people want to have, what is the role of social media in supporting and facilitating those conversations?” - Mark Schumann, IABC Chair “Maybe people need to be thinking through the power of these conversations and the power of these tools to empower these conversations” -Julie Freeman, IABC President “People want immediate connection, conversation and sense of community” -Mark Schumann, IABC Chair
42. IABC :: On Social Computing “We as communicators need to look ahead to a time when we’re as focused on the experience employees have in the conversations as we are in the messages we might convey” -Mark Schumann, IABC Chair
49. Tools to make themselves heard Town Halls and “You Ask, We Answer” 2x yearly Town Hall meetings YA/WA Forum Hosted on Intranet Anonymous Post Option 24 Hour Turn Around Commitment Ask Anything … Management Has to Answer Deeper Understanding of Company Direction Shared Decision Making Two Way Conversation Two more examples: Great Idea Board Stop/Start/Continue Forum
50. Tools to make themselves heard In the absence of outlet, employees stew on their anxieties and aggravations. Take the lid off the stew pot…
51. Tools to Share Expertise, Gain Recognition, Build Reputation Peer-to-Peer Training Tools Microsoft Academy Mobile Video & Audio Podcasting Any Topic, Any Employee Knowledge Sharing Platform Executives Encourage Contribution for Company Success Subscriptions Help Filter Content Meeting Wikis Setup Prior to Event Attendees Provide Input During Sessions Notes Edited Into “Executive Summary” of Event Attendees Produce Training Materials for Peers from More Relevant Perspective Increases organizational success in the long run because knowledge is stored in a collaboration platform, not a PC
52. Tools to Be More Successful Blogs Social Networking Video Sharing Wikis 2008 2009 MIT Study: Employees with strong online social network were 7% more productive Source: McKinsey&Company
53. The tools we select, reflect the values we hold. The values we project directly impact our success.
54. Why These Tools Are Important Opportunity to shine Learn-by-teaching phenomenon increases competence Demonstrates your respect for their knowledge
55. What makes people engage? RESPECT “Sometimes it’s not the job that burns you out, it’s the organization”
57. Engagement is … an organizational stablizer A study by the Corporate Leadership Council found that when employee engagement increases, you see a corresponding increase in employee retention (up 87%). -- Source: Human Capital Institute
60. Strategic HR Q: What is the responsibility of HR to employees? A: In short: make them better at what they do Q: What is the responsibility of HR to the company? A: In short: make it a better place to work and a place that works better Q: Is HR an administrative function or a catalyst to company greatness?