analyzing the value of family business initiatives
TRANSCRIPT
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Analyzing the Value of Family Business Initiatives
Chris Mason Head of Talent, Compensation, Workforce Analytics
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40+ years in BusinessPrivate/Founder
~1B in Sales~2000 Employees
Global (in 4 Continents; primarily in US/Japan/EU)
Direct-Retail & Online and Wholesale in 4K+ distributors
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Build the best product, cause no unnecessary harm, use business to inspire and implement
solutions to the environmental crisis.- Patagonia Mission Statement
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And recently we’ve been getting a lot of press about this release…
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16 Weeks Paid Maternity Leave
2 Onsite Childcare Centers
A Recent Talent Analytics Question: Is there any evidence that our family business
initiatives create value? Specifically…
12 Weeks Paid Paternity Leave
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Range Restriction• 4-6% annual turnover at HQ last 5yrs • 91-94% of employees in each location agree
“(Patagonia) is a Great Place to Work”• 100% of new mothers return to work (last 10yrs)
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Small Sample Sizes• ~500 employees at HQ location• <25 employees operate 32 stores• 10-20 mothers take leave per year
Some of Our Data Analytics Challenges
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Some Ways We Solve For Our Data Analytics Challenges
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Leverage External Benchmarks and Data
Supplement with Qualitative Analyses
Partnerships With Bigger Organizations
(Anyone Interested?)
Build the Case From Multiple Data Sources
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EngagingOur TalentAttracting
Our Talent
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Building the Case From Multiple Data Sources (Internal & External)
Retaining Our Talent
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Sustained Increase Applicants per Job
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Family Business Promotion Period
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Patagonia Page Views by Month (Jan 2015 – Sept 2016)
Patagonia LinkedIn Applications by Month (Oct 2015 – Sept 2016)
Family Business Prom
otion Period
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*All differences in chart above are statistically significant at p<.05 level
- 100% of moms return to work (last 10 years)
Company wide
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Next Steps…
8Moms
InLeadership
Supplementing with Qualitative Data
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Join in the discussion…
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- How do you use analytics to connect to social goals for your organization?
- How do you deal with analytical challenges of small sample sizes / low variance?
- In what ways do you leverage qualitative analytics techniques?