Mar 27, 2014
Delivering on Your Brand’s Promise?
Getting the most from employees starts with giving them what they need. This doesn’t include a chorus of Kumbaya and a round of group hugs but it does mean investing time and energy into understanding them. And here’s the amazing thing that happens when you invest time in your employees, it pays dividends.
Harvard Business Review has indicated that highly engaged employees, on average, are 50% more likely to exceed expectations than the least-engaged. And companies with highly engaged people outperform firms with the most disengaged folks – by 54% in employee retention, by 89% in customer satisfaction and fourfold in revenue growth.
And here’s the other amazing benefit of working to ensure your employees are engaged. Employees nowadays are looking for more than just a j-o-b. They are looking for an experience. And not just any old experience. They want something meaningful. And so do customers. Disney Institute and McKinsey Company recently released a report indicating that companies that focus on giving their customers a consistently exceptional experience enjoyed a 2 percentage point advantage over their peers in revenue growth and an increase in employee satisfaction and engagement of 30 percent.
And while not every company has the resources to be able to offer programs like giving employees time to work on creative projects of the employee’s choosing, I’d like to believe that every company can invest in attracting and developing strong leaders to drive employee engagement.
How do you make this happen in your organization? It starts by opening your mind, looking at things with a fresh set of eyes and asking questions. The innovators will look for better ways to do things and those brave enough will take action.
Category: Branding, Spyder Works
