Harbinger Systems, a technology partner to leading product companies, in its zeal to foster a work environment where employees feel engaged and motivated, has been utilizing various innovative methods to promote continuous dialog with employees and provide continuous feedback. The results are striking! These efforts improved productivity on business deliverables, increased customer satisfaction enabling multi-year engagements and minimized employee turnover.
Maintaining employee engagement has been ranked as one of the top priorities of organizations for years. It has been clearly established that when employees are given regular feedback (be it positive or adjusting), they feel cared for. Such employees who feel valued are often the most engaged employees.
The real challenge lies in the effective implementation of continuous feedback approach. Due to the increasing demands of their role, managers/leaders find it arduous to engage with their employees on a regular basis.
Technology can really play a pivotal role in simplifying and facilitating open dialog and continuous feedback in organizations, by building on ideas of One-on-One's and Pulse meetings. Technology can also aid in generating and bringing out meaningful, actionable insights by analyzing data gathered from the various feedback channels.
Thank you for joining us for an insightful webinar on " Engage for Success: Improve Workforce Engagement with Open Communication and Continuous Feedback". Attendees got insights on the cost of employee disengagement, The relation between continuous feedback and workforce engagement, and how Harbinger improved employee engagement through open communication. We would also conduct a demo of system to manage and track such communication.
Disengagement can be costly! Understand the importance and need for employee engagement in every organization.
We’ll be talking about the cost of disengagement. If you're going to need to convince your CEO about the need for better employee engagement, talk about the COST of disengagement. This will strike a chord with your CEO
Employee engagement
We’ll tell you why employee engagement is so important
Continuous feedback
There is a strong linkage between employee engagement and continuous feedback. We’ll talk more on this
Using technology as a solution
We’ll talk about challenges we faced by trying to implement a manual continuous feedback system and how we used technology and developed our very own One-on-One application, which has been successfully running for the past 2-3 years
Measure success using analytics
We’ll share some of the reporting features and analytics from our O3 app
Q&A
There are so many definitions of employee engagement. If you type the words “Employee Engagement” in Google, you’ll get over 9 million results!
I liked the above definition. The key words here are
Degree of extent
Passion
dedication
This determines whether an employee is Highly engaged employee or disengaged
We’ve all seen disengaged employees at work. They show these traits and behaviors and more. Working with a disengaged employee is also challenging. Many times the manager has a tough time in dealing with engaged and disengaged employees in the same team. Sparks fly.
Lack of Enthusiasm
Make Excuses, complains and finds fault in everything (their boss, their teams, their responsibilities and many other things), but is willing to fix nothing
Is Irresponsible. Misses deadlines & commitments
Doesn’t take initiatives, Needs to pushed to take up something new
Doesn’t Help Others – Works in isolation and is seen as a poor team player
Not predictable, low ownership – Takes way too many unplanned leaves, Managers are not sure whether deliverables will happen or not
Reluctant to change
These are staggering numbers. 70% of our employees are not fully engaged.
Also consider the benefit of having engaged employees on your team. They outperform disengaged employees by a whopping 202%. Now that’s huge increase in productivity.
Employee disengagement costs $500 billion+ / year to the US- That’s real big bucks we’re talking about and this makes a very strong argument for Employee engagement
Here are some more examples that reinforce a strong business case
80% of employees who are dissatisfied with their direct manager are disengaged. Our Manager who is supposed to motivate us to do our best is one of the biggest cause of disengagement. So having managers who can communicate, guide and coach their teams better sure do have an edge over the others
43% highly engaged employees receive feedback at least once a week - Here’s one relation between Engagement and continuous feedback – we’ll talk about this later.
Highly engaged employees are 87% less likely to leave their companies - Here’s a strong case for employee retention which is one of the parameters that HR and businesses are measured on
Companies revenue increases 2.5X with engaged employees. Look at the value in terms of revenue that engaged employees bring to the table. Increased revenues of more than 2 ½ times!!
Source:
1. https://www.officevibe.com/blog/disturbing-employee-engagement-infographic
2. http://www.dalecarnegie.com/employee-engagement/engaged-employees-infographic/
3. https://www.officevibe.com/blog/disengaged-employees-infographic
Many of us in HR are well aware of the pain that is caused by attrition or people leaving. It definitely causes some level of interruption to the project.
Studies by SHRM predict that every time a business replaces a salaried employee, it costs 6 to 9 months’ salary on average. This includes
Rehiring costs, the time spent with the with the customer (explaining the exit, explaining the back up plan)
Re-training the new joiner to come upto expected performance levels
Loss of productivity of the new joiner for few months
Morale in the team gets affected because of the attrition.
Because lack of engagement of the exiting employee, others need to work harder
Because the exiting person could spread negative vibes
More employee turnover
Chance that the employee will take a few more from the team!
Use analogy of an athlete
Leadership trainers Zenger Folkman looked into the feedback practices of 22,000 leaders around the world. Their survey revealed that leaders who scored in the top 10 percent on giving feedback had employees who were three times more engaged as leaders in the bottom tenth.
What does Josh Bersin have to say on conventional appraisal systems
Employees need and want regular feedback (daily, weekly), so a once-a-year review is not only too late but it’s often a surprise. Regular coaching is the key to alignment of goals and performance.
Managers cannot typically “judge” an entire year of work from an individual at one time, so the annual review is awkward and uncomfortable for both manager and employee. (Imagine if your spouse gave you an annual review!)
Besides an important point to understand is that the Manager-employee relationships are not 1:1 like they used to be. We work with many leaders and peers during the year, so one person cannot adequately rate you without lots of peer input.
Also some employees are a poor fit and likely are poor performers, these issues should be addressed immediately, not at the end of the year.
So what this leads me to is that People are inspired and motivated by continuous feedback - positive, constructive feedback – and the conventional “appraisal” process almost always works against this.
Accenture recently announced that it was getting rid of the annual performance review for its 330,000 global staff, replacing it with a more fluid, ongoing feedback system
Earlier in 2016 Deloitte also abandoned the annual review process and came up with a faster, more agile way of measuring performance.
An article in Forbes-The business benefit of getting rid of this system lies in simple math. For Deloitte, annual evaluations for 65,000 staff ate into two million work hours. Adobe reclaimed 80,000 work hours simply by dropping the annual appraisal system
Management research firm CEB estimates that a company with 10,000 employees spends around $35m every year on the review process – and this doesn’t include the additional costs of an annual survey.
Businesses are realizing that this money can be spent better beyond the annual cycle and the frustrations it can bring and instead use this money on opening and maintaining a more constant dialogue with employees,
Yes it does make sense to have a continuous feedback process.
Lower employee turnover rates are good for an organization. It makes good business sense as well as improves employee morale and performance
Millennials comprise of around 70% in an organization and this number continues to grow. They want feedback every week. This is a twice the percentage of every other generation (Gen X or Y), so if we are going to successfully manage the largest population in our workforce effectively, we’re going to think of having a system of better continuous feedback
45% of HR leaders don’t think annual performance reviews are an accurate appraisal for employees’ work
At Harbinger, we long ago realized the need and importance of continuous feedback and decided to go ahead get this going. But we did face some challenges along the way.
The first one was getting a commitment from the Manager to spend quality time with their directs. To be fair, some managers had increasing demands in their role and found it a challenge to allocate time to meet their directs, write down the feedback, track and monitor this.
A manual system therefore had its limitations. Managing and monitoring such informal/semi-formal meetings can be tricky. Where could one reduce the aspect of - he said this, and she said that, etc.
A manual system also had to answer the following questions - Where do I enter this information and track it, how do I validate this, how can I use this information for development or coaching, for rewarding or reprimanding
So that’s when we leveraged the power of Technology
Technology played a pivotal role in simplifying and facilitating open dialog and continuous feedback. Meetings could be scheduled, monitored and tracked
Technology also aided in generating and bringing out meaningful, actionable insights by analyzing data gathered from these meetings. Based on this data, various reports and analytics could be used to understand the effectiveness of managers, the amount of connect and feedback they had with their teams, the amount of positive feedback and coaching suggestions they made with their directs. This helped the HR team in deriving insights that formed the basis for various learning and development initiatives for managers, thereby
Use analogy of an athlete
Customized welcome message
List of your directs (can be imported from an existing HRIS
List of your Managers. Can be imported from an existing HRIS. Option to add multiple managers (dotted line/ Matrix Managers)
List of your previous O3’s within a date range
The O3 hotline button
O3 admins will also view an additional button – Administer
Entire screen can be made customizable – to suit your preference – colors, icons (D&D), welcome message
A help resource that can lead to you FAQs, email help, videos, podcasts, quizzes with gamification, etc
See a list of your immediate Directs
View their O3s in a specified date range
View your directs directs (helps keep a track on quality and quantity of O3s of your team
All this can be imported from an existing HRIS
Create a O3 for them
Set a date range
Click on each date to view the full O3 records of that session
Can be exported to get a unified view of all O3s. All fields can be exported or can be customized to export selected fields only
Can be exported to excel, word, PPT, PDF formats
Date can be changed to reflect an O3 that happened in a past date
Fields can be made mandatory or non-mandatory
Fields can be changed
A draft of the O3 record can be saved. This is useful when the Manager wants to prepare before the O3 and refer to these comments during the O3 before finalizing them
You can also schedule the next O3 from the App, by clicking on the “schedule next O3”
There is also a box where the manager can enter comments that are not visible to the employee. These comments will be visible to her manager though
Reports can also be used to check the effectiveness of a Manager
Number of O3’s conducted by a Manager
Effectiveness of the O3’s – number of coaching, development feedback given, KRA evaluation, positive and adjusting feedback
Comparing this with the department or company average, thereby creating a culture of continuous feedback
Publishing Manager leaderboards
You can also check number of O3’s – Designation/ Grade wise, for a date range, location wise, business unit wise
This shows the pulse of the O3 meetings for the directs. The height of each bar indicates the O3 count in the period and each stacked bar shows the share of
In the GPTW 2016 study, we showed significant improvement in the scores
Management shows a sincere interest in me as a person, not just an employee,
Managers avoid playing favorites,
I feel I make a difference here, My work has special meaning
All these questions have some bearing on continuous feedback
The challenge however lies in utilizing the data received from various feedback channels to generate meaningful actionable insights.
Application of sentiment analysis on feedback data, using feedback for annual reviews and creating training plans for employees based on the feedback.
Floor talks
Instead of sending out instructions in a long email, we thought connecting with groups of employees at their workstations would be more effective, so that’s what we did. We had informal sessions with employees explaining to them the importance of O3 and how it would benefit THEM!
Holding Managers accountable for the O3’s they conduct
Using reports and metrics we could pin point effective and not so effective managers and take appropriate interventions. We also shared O3 stats business wise and published these metrics so that we built up a bit of pressure and competition. This did work in its own way
We also used the fire-power of the senior management to question managers with less than optimum O3 penetration in their units and positively recognize others who were doing well
O3 skits
Once we reached the desired levels of O3’s getting conducted and the culture of feedback getting created, we next worked on the quality of O3’s. For this we designed a short script on various scenarios a manager and her direct face in an O3 and created small and at times humorous scenarios around this. We then engaged with professional actors to enact this short skit live in front of a set of 15-20 employees and thereafter had a short debriefing session. We got a fantastic response to this. People liked this UNCONVENTIONAL way of learning
Employee disengagement costs $500 billion+ / year to the US
That’s real big bucks we’re talking about and this makes a very strong argument for Employee engagement
80% of employees dissatisfied with their direct manager are disengaged
Look at this! Our Manager who is supposed to motivate us to do our best is one of the biggest cause of disengagement. So having managers who can communicate, guide and coach their teams better sure do have an edge over the others
43% highly engaged employees receive feedback at least once a week
So here’s one relation between Engagement and frequent feedback – we’ll talk about this later.
Highly engaged employees are 87% less likely to leave their companies
So here’s a strong case for employee retention which is one of the parameters that HR and businesses are measured on
Companies revenue increases 2.5X with engaged employees
Look at the value in terms of revenue that engaged employees bring to the table. Increased revenues of more than 2 ½ times!!
90% of leaders think engagement strategy have an impact of business success but 25% of them have a strategy
So don’t you think that employers need to think long and hard at their engagement strategy
Talk about ESS and MSS
Source:
1. https://www.officevibe.com/blog/disturbing-employee-engagement-infographic
2. http://www.dalecarnegie.com/employee-engagement/engaged-employees-infographic/
3. https://www.officevibe.com/blog/disengaged-employees-infographic
Some interesting stats here – what is interesting to me is the point that talks about people leaving. The actual reason is not about the money. It’s a trigger that happened a long time ago. It could be lack of communication, not having a transparent and open manager, not having the right work, not having an opportunity to be heard…the list can go on…
Yes it does make sense to have a continuous feedback process.
Lower employee turnover rates are good for an organization. It makes good business sense as well as improves employee morale and performance
Millennials comprise of around 70% in an organization and this number continues to grow. They want feedback every week. This is a twice the percentage of every other generation (Gen X or Y), so if we are going to successfully manage the largest population in our workforce effectively, we’re going to think of having a system of better continuous feedback
69% of employees say they would work harder if they felt their efforts were better recognized
45% of HR leaders don’t think annual performance reviews are an accurate appraisal for employees’ work
Accenture recently announced that it was getting rid of the annual performance review for its 330,000 global staff, replacing it with a more fluid, ongoing feedback system
Earlier in 2016 Deloitte also abandoned the annual review process and came up with a faster, more agile way of measuring performance.
An article in Forbes-The business benefit of getting rid of this system lies in simple math. For Deloitte, annual evaluations for 65,000 staff ate into two million work hours. Adobe reclaimed 80,000 work hours simply by dropping the annual appraisal system
Management research firm CEB estimates that a company with 10,000 employees spends around $35m every year on the review process – and this doesn’t include the additional costs of an annual survey. Businesses are realizing that this money can be better spent on opening and maintaining a more constant dialogue with employees, moving beyond the annual cycle and the frustrations it can bring
Employees need and want regular feedback (daily, weekly), so a once-a-year review is not only too late but it’s often a surprise. Regular coaching is the key to alignment and performance.
Managers cannot typically “judge” an entire year of work from an individual at one time (imagine if your spouse gave you an annual review!), so the annual review is awkward and uncomfortable for both manager and employee.
Manager-employee relationships are not 1:1 like they used to be. We work with many leaders and peers during the year, so one person cannot adequately rate you without lots of peer input.
While some employees are a poor fit and likely are poor performers, these issues should be addressed immediately, not at the end of the year.
People are inspired and motivated by positive, constructive feedback – and the “appraisal” process almost always works against this.
The most valuable part of an appraisal is the “development planning” conversation – what can one do to improve performance and engagement – and this is often left to a small box on the review form.