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Hearts and Minds: Engaging Employees
Communicating Employee Value Proposition
Using Leading Indicators to manage employee
engagement
TOP PERFORMING COMPANIES BUILD LOYALTY TO
AN EMPLOYEE THE SAME WAY A CONSUMER
BRAND BUILDS LOYALTY TO A PRODUCT
(Towers Watson 2007/2008
Communication ROI Study Report)
Measuring Performance*
Analytics-driven organisations outperform
their peers in every metric that matters
*MIT-Sloan Research – 2009-2011
Employee Engagement and Measurement
Effective communication
of EVP and measurement
of its resonance attracts &
retains scarce talent
Real-time measurement
of employee sentiment,
satisfaction&
engagement manages
risk, enables
opportunities with fact-
based planning, decisions
& management of
essential talent pools
Revenue
performance,
market
differentiation,
employer of
choice
Social Business
Hyper connectivity and the
socialisation of business has
created new challenges for
attracting and retaining
employees
People have access to
information and resources that
can help them find new jobs,
evaluate current positions and
understand their market value
Employees are also “gossiping”
about work in the office and
online where social media
outlets provide a place for
individuals to let off steam and
provide positive and negative
feedback
This can impact the opinions of
current and future employees
Employee Value Proposition (EVP)
The EVP is the deal the organisation makes with its employees in
exchange for their skills, knowledge and experience
It should reflect the entire employment benefit and experience and
be aligned to the brand and the organisational values.
Its communication should be consistent, regular and interactive
otherwise there is the risk of employee cynicism, disengagement and
lower productivity or they may leave the organisation completely
Revenue and EVP
Employees are the face of a company. When they are
engaged and committed to the organisation, they are more
likely to deliver the brand promise, service and innovation
This improves market competitiveness, word of mouth
opinions & translates into higher credibility & profitability
Active measurement using lead indicators also significantly
improves an organisation’s performance and
competitiveness
Communicating EVP
Effective brand alignment requires
Human Resources and Marketing to work
together to develop a fully integrated
and aligned employee and customer
experience
Communicating and delivering on the
EVP helps identify, engage and retain
critical workforce segments
This requires personalised & customised
communications on the company’s vision
for its future success, opportunities,
expectations, encouraging feedback on
the strategies, goals, products, services,
procedures and processes. Intrinsic to
this is the organisational value and
culture
In the same way that the organisation
communicates with its customers and
shareholders, it must similarly
respectfully communicate with its
employees
Measuring Engagement
A considerable amount of data
within the organisation only has
value for historical purposes
A performance management
system that contains only end of
period, or lagging metrics is
missing the crucial element of how
you expect to drive future value -
the predictive measures vital in
generating strategic success.
An important question to ask
when creating a performance
management system is: What are
the leading indicators you believe
will propel your future success?
The exercise of critically examining
your business and identifying
activities key to driving future
value creates benefits in enhanced
knowledge and enhanced results.
Implementing Effective EVP:
Connect, communicate & measure
Plan
• Insights
• Competitive Scan
• Segmentation,
personalisation
and
customisation
requirements by
employee type
Build
• EVP Framework
• Gap Analysis and
Priorities
• Socialisation
Implement
• Metrics and
Communications
Framework
• Individual and
Group
Management
Dashboards
• Creative
articulation of
messaging and
channels
Improve
• Lag metrics to
fine tune
framework
• Lead metrics to
fine tune
messaging
• Lead metrics to
empower
The Importance of Measurement to Improve
Every metric, whether it is
used explicitly to influence
behaviour, to evaluate future
strategies, or simply to take
stock, will affect actions and
decisions
Employees empowered with
metrics they can influence
are more engaged, satisfied
and committed to an
organisation
Good metrics are...
Clearly measured,
quantified and easily
influenced by the individual
activities and the
organisation
Of fundamental
importance in gaining
competitive advantage or a
make or break component
in the success or failure
Provide leading
information on future
performance and potential
in your market
What to do next?
Outline potential issues &
discuss current state
Workshop to engage stakeholders, determine current
state and identify gaps
Framework outline development supported by key
metric development – lag and lead
Small group and key stakeholder testing and
feedback
Implementation schedule, dashboard presentment
and fine tuning
Analysis, Workshops, Implementation
Advanced Analytics Quotient
• Leading
• Lag
• Predictive
• Line of sight application
Advanced analytics - Steps
• How does your business work?
• How do you want to measure it,
understand it and predict what will
happen next?
Data Flows Workshop
• Business strategies & objectives
• Project Roadmap
• Information Infrastructure
• Governance of data management &
tools
Social Business Quotient
• Internal
• External
• Governance
• Measurement
• Culture
Social Business - Steps
• Social Business Quotient
• 10 steps to social business maturity
• Social Business Development
workshop
Engaging customers as
individuals
• Customer Intimacy Quotient
• Customer Experience Mapping
• Unlocking the potential: Behaviours,
content, conversations, business rules
Engaging Employees as
Individuals
• Employee Engagement Quotient
• Employee Analytical quotient
• Organisational Analytical Culture
Quotient
Fact driven talent
management
• Five steps to organisational EVP
alignment and Social connectivity
• Metrics that matter to “me” – line of
sight performance
Let’s start a conversation
Michele Berkhout
Michele Berkhout©

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Michele berkhout employee_value_proposition_slideshare

  • 1. Hearts and Minds: Engaging Employees Communicating Employee Value Proposition Using Leading Indicators to manage employee engagement
  • 2. TOP PERFORMING COMPANIES BUILD LOYALTY TO AN EMPLOYEE THE SAME WAY A CONSUMER BRAND BUILDS LOYALTY TO A PRODUCT (Towers Watson 2007/2008 Communication ROI Study Report)
  • 3. Measuring Performance* Analytics-driven organisations outperform their peers in every metric that matters *MIT-Sloan Research – 2009-2011
  • 4. Employee Engagement and Measurement Effective communication of EVP and measurement of its resonance attracts & retains scarce talent Real-time measurement of employee sentiment, satisfaction& engagement manages risk, enables opportunities with fact- based planning, decisions & management of essential talent pools Revenue performance, market differentiation, employer of choice
  • 5. Social Business Hyper connectivity and the socialisation of business has created new challenges for attracting and retaining employees People have access to information and resources that can help them find new jobs, evaluate current positions and understand their market value Employees are also “gossiping” about work in the office and online where social media outlets provide a place for individuals to let off steam and provide positive and negative feedback This can impact the opinions of current and future employees
  • 6. Employee Value Proposition (EVP) The EVP is the deal the organisation makes with its employees in exchange for their skills, knowledge and experience It should reflect the entire employment benefit and experience and be aligned to the brand and the organisational values. Its communication should be consistent, regular and interactive otherwise there is the risk of employee cynicism, disengagement and lower productivity or they may leave the organisation completely
  • 7. Revenue and EVP Employees are the face of a company. When they are engaged and committed to the organisation, they are more likely to deliver the brand promise, service and innovation This improves market competitiveness, word of mouth opinions & translates into higher credibility & profitability Active measurement using lead indicators also significantly improves an organisation’s performance and competitiveness
  • 8. Communicating EVP Effective brand alignment requires Human Resources and Marketing to work together to develop a fully integrated and aligned employee and customer experience Communicating and delivering on the EVP helps identify, engage and retain critical workforce segments This requires personalised & customised communications on the company’s vision for its future success, opportunities, expectations, encouraging feedback on the strategies, goals, products, services, procedures and processes. Intrinsic to this is the organisational value and culture In the same way that the organisation communicates with its customers and shareholders, it must similarly respectfully communicate with its employees
  • 9. Measuring Engagement A considerable amount of data within the organisation only has value for historical purposes A performance management system that contains only end of period, or lagging metrics is missing the crucial element of how you expect to drive future value - the predictive measures vital in generating strategic success. An important question to ask when creating a performance management system is: What are the leading indicators you believe will propel your future success? The exercise of critically examining your business and identifying activities key to driving future value creates benefits in enhanced knowledge and enhanced results.
  • 10. Implementing Effective EVP: Connect, communicate & measure Plan • Insights • Competitive Scan • Segmentation, personalisation and customisation requirements by employee type Build • EVP Framework • Gap Analysis and Priorities • Socialisation Implement • Metrics and Communications Framework • Individual and Group Management Dashboards • Creative articulation of messaging and channels Improve • Lag metrics to fine tune framework • Lead metrics to fine tune messaging • Lead metrics to empower
  • 11. The Importance of Measurement to Improve Every metric, whether it is used explicitly to influence behaviour, to evaluate future strategies, or simply to take stock, will affect actions and decisions Employees empowered with metrics they can influence are more engaged, satisfied and committed to an organisation
  • 12. Good metrics are... Clearly measured, quantified and easily influenced by the individual activities and the organisation Of fundamental importance in gaining competitive advantage or a make or break component in the success or failure Provide leading information on future performance and potential in your market
  • 13. What to do next? Outline potential issues & discuss current state Workshop to engage stakeholders, determine current state and identify gaps Framework outline development supported by key metric development – lag and lead Small group and key stakeholder testing and feedback Implementation schedule, dashboard presentment and fine tuning
  • 14. Analysis, Workshops, Implementation Advanced Analytics Quotient • Leading • Lag • Predictive • Line of sight application Advanced analytics - Steps • How does your business work? • How do you want to measure it, understand it and predict what will happen next? Data Flows Workshop • Business strategies & objectives • Project Roadmap • Information Infrastructure • Governance of data management & tools Social Business Quotient • Internal • External • Governance • Measurement • Culture Social Business - Steps • Social Business Quotient • 10 steps to social business maturity • Social Business Development workshop Engaging customers as individuals • Customer Intimacy Quotient • Customer Experience Mapping • Unlocking the potential: Behaviours, content, conversations, business rules Engaging Employees as Individuals • Employee Engagement Quotient • Employee Analytical quotient • Organisational Analytical Culture Quotient Fact driven talent management • Five steps to organisational EVP alignment and Social connectivity • Metrics that matter to “me” – line of sight performance
  • 15. Let’s start a conversation Michele Berkhout Michele Berkhout©