Connect and Engage Your People Are Your Power

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  • 7/31/2019 Connect and Engage Your People Are Your Power

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    THE GALLUP ORGANIZATION

    Connect and Engage

    Your People are Your Power

    September 27, 2007

    Prashant SrivastavaManaging Partner India

    The Gallup Organization

    Gallup India Pvt. Ltd.

    [email protected]

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    THE GALLUP ORGANIZATION

    Why do Businesses exist?

    To Drive Share Holder valueOr Grow profits

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    3THE GALLUP ORGANIZATION

    Copyright @2007 The Gallup Organization. All rights reserved.

    What Gallup will measure

    Sound Strategy

    Translated into specific initiatives

    How Can Businesses drive growth?

    PEOPLE Business Processes

    Technology

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    4THE GALLUP ORGANIZATION

    Copyright @2007 The Gallup Organization. All rights reserved.

    What Gallup will measure

    Strategy Provide 24x7 service from the comfort of home or

    office thru call centers

    Case 1: A new age bank Excel in customer service

    Ground Reality: Most call center executives are

    transactional creating disengaged customers and ultimately

    losing them

    However, there are certain executives who go out of their way

    to help the customers

    What is the difference?

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    5THE GALLUP ORGANIZATION

    Copyright @2007 The Gallup Organization. All rights reserved.

    What Gallup will measureDifference is Engaged vs. Disengaged Employees

    Not Engaged Actively Disengaged

    Loyal and psychologically

    committed. More

    productive, higher

    retention.

    Productive, but they are not

    psychologically connected to theircompany. Miss more workdays,

    more likely to leave.

    Physically present, but

    psychologically absent. Unhappyand insist on sharing this

    unhappiness with others.

    Engaged

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    6THE GALLUP ORGANIZATION

    Copyright @2007 The Gallup Organization. All rights reserved.

    What Gallup will measureWhat is Engagement?

    I cant waitto get back

    to work!

    My job isokay, but

    15% more$$$ & Ill

    Oh No, itsMonday

    again

    EngagedEngagedEmployeeEmployee

    Not EngagedNot EngagedEmployeeEmployee Actively DisengagedActively DisengagedEmployeeEmployee

    H did W i Q12?

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    7THE GALLUP ORGANIZATION

    Copyright @2007 The Gallup Organization. All rights reserved.

    How did We arrive at Q12?How did We arrive at Q12?

    1,000s of different questions

    Over 1 million employees Identify the factors common to productive

    workplaces

    Identify the best questions to measure these

    factors

    I feel I am paid the right

    amount.

    Myth

    More productive

    workgroups

    Less productive

    workgroups

    HighRating

    LowRating

    Reality

    At work, I have the

    opportunity to do what I dobest every day

    Myths and realities0

    10

    20

    30

    40

    50

    60

    2.0 2.2 2.4 2.6 2.8 3.0 3.2 3.4 3.6 3.8 4.0 4.2 4.4 4.6 4.8

    Num

    berofUnits

    Worst Best

    Local performance variation - the

    scourge of organizations that aspire

    to high performance, is driven by

    engagement.

    Outcome Linkage to:

    turnover/retention

    customer metrics

    productivity and safety

    profitability

    Outcome Linkage to:

    turnover/retention

    customer metrics

    productivity and safety

    profitability

    Engagement Myths and realities?

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    8THE GALLUP ORGANIZATION

    Copyright @2007 The Gallup Organization. All rights reserved.

    Managers play a critical role in talent management the

    key interface for execution of organization's policies

    Employees

    Managers

    Leadership HR systems

    Employees join Company but leave

    Managers

    Employees perception is not based on

    others experience in company but only

    by their own experience withimmediate team and manager

    Engagement with the

    work environment

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    9THE GALLUP ORGANIZATION

    Copyright @2007 The Gallup Organization. All rights reserved.

    Engagement has significant impact on business

    outcomes

    132 F500 Companies median net gain increase in engagement and sampling of

    impact

    Reduction in Turnover +26%

    Customer Satisfaction/Loyalty +12%

    Absenteeism -48%

    Productivity Per Employee +11%

    Workgroup Profitability +15%

    Annualized Net Gain

    TM

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    10THE GALLUP ORGANIZATION

    Copyright @2007 The Gallup Organization. All rights reserved.

    Q12TM helps measure employee engagement at local work-

    unit level

    What do I get?

    What do I give?

    Do I belong?

    Howcanwe

    grow?

    Growth

    Teamwork

    ManagementSupport

    BasicNeeds

    Engagement Hierarchy Conditions that build Great Workplaces

    I have materials and equipment I need to domy work right

    I know what is expected of me at work

    Someone at work encourages my development Supervisor/someone at work cares Recognition last seven days Do what I do best every day

    I have a best friend at work Coworkers committed to quality Mission/purpose of company At work, my opinions seem to count

    Opportunities to learn and grow Progress in last six months

    Source: Gallup research based on over 3 million in-depth interviews with employees and 200,000 interviews with managers

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