Employing Workforce Analytics to Measure and Drive Engagement
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Transcript of Employing Workforce Analytics to Measure and Drive Engagement
Copyright © 2013 Great Place to Work ® Institute, Inc. All rights reserved1 Great Place to Work ® Institute, Inc 2013 All Rights Reserved
Great Place to Work®
GREAT PLACE TO WORK
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Great Place to Work®
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EMPLOYING WORKFORCE ANALYTICS TOMEASURE AND DRIVE ENGAGEMENT
Ron ThomasCEO, Great Place to Work-Gulf
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Questions
What is happening? Why is it happening? What effect is it having on our organization? What is happening within our organization that is affecting our ability to perform or reach
new goals? What options do we have to improve our position?
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Inscription: Know thy Self [WORKFORCE]
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Know Thy Customers [Employees]
Mercedes Ford
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Analytics in use
Financial Services: Credit scoring, Fraud detection & Underwriting Retail-Marketing promotions, inventory, demand forecasting Manufacturing-Supply Chain optimization Hospitality-pricing, customer loyalty and yield management Transportation-Scheduling, routing and yield optimization HR-Workforce Planning, Employee Engagement, Leadership Development, Succession
planning??????
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What is your DNA?
Individual1. Gender2. Age3. Ethnicity4. Geography5. Salary6. years of experience7. Education8. Skill Set
Organizational1. Company Culture2. Region3. Division4. Country5. Work Unit6. Function7. Level8. Leadership Pipeline9. Geography10.Product Line11.Turnover rate12.New Skill Set
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This is your upcoming decision
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Culture Alignment: Does everyone know the goal?
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Adaptable Workforce: It is a new game in town
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Needs for the New Global Economy
• Developing an adaptable workforce – A critical capability• Revealing the leadership gap – Future growth at risk• Cracking the code for talent
• Driving growth through workforce analytics.
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Adaptable: Know thy workforce and capabilities
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Leadership gap
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Leadership to guide individuals through change anddeliver results
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Know thy capabilities
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Cracking the code: Do you have the combination
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Watch out for the trends
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Engage Measurement: The Organization and theEmployee
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Companies who focus on culture experience:
Revenue Growth x4.1 Stock Price Growth +827% Net Income +756% Sales Per Employee +13% Return on Investment x15
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Higher Engagement Results in
Increased1. Trust throughout the
organization2. Talent Brand3. Innovation4. Collaboration5. Customer Satisfaction6. Productivity
Decreased1. Turnover [$$$]2. Resistance to change3. Obstacles for growth
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Q & A
THANK YOU