employee engagement
DESCRIPTION
Narejo Human Resources Rahila Narejo presentation at SkillCity HR Conference on Nov 3, 2010, Mooo!TRANSCRIPT
Rahila NarejoChief Executive, Lead Consultant
P R I V A T E L I M I T E D
N.H.R.
Growing Businesses...Through People ™
Narejo Human Resources
www.narejohr.com
© 2010 Narejo Human Resources2
What is engagement?
Satisfied? Productive?
Emotional
Engagement
Rational
Engagement
NHR - Growing Businesses...Through People
© 2010 Narejo Human Resources
38% Higher Customer
SatisfactionLess days off
Perform 20% Better
22% Higher Productivity
87% Less Likely to Leave
4x Financial Performance
43% More Revenue
27% Higher Profits
PROFITS
CUSTOMERSEMPLOYEES
Why should we care?
NHR - Growing Businesses...Through People
© 2010 Narejo Human Resources
What’s the #1 driver of
engagement?
Pay Benefits
Customer orientation
Challenging work
Career advancement opportunities
Integrity of senior management
Input on decision making
Reputation of the company
Resources to get the job done
Senior management support of new
ideas
Manager links employee contribution
to company success
Manager tolerance for uncertainty and
ambiguity
Top
10
Engagement
Drivers Work Environment
Learning andDevelopment
Source: Working Today…Linking People, Business and Rewards, The 2003 Towers Perrin Talent Report.
NHR - Growing Businesses...Through People
Follow THE GALLUP PATH ™
ENGAGED
CUSTOMERS
ENTER
HERE
ID STRENGTHS
MicroeconomicsA behavioural economic model for organizations
THE RIGHT FIT
GREAT MANAGERS
ENGAGED
EMPLOYEES
ENGAGED
CUSTOMERS
SUSTAINABLE
GROWTH
HIGHER PROFITSTOCK
INCREASE
NHR - Growing Businesses...Through People
© 2010 Narejo Human Resources
“My Boss Is Killing Me!”
NHR - Growing Businesses...Through People
© 2010 Narejo Human Resources
Clear goals
Adequate resources
Challenging work
Recognize & praise
Listen & care
Regular feedback
Opp to learn & grow
What manager behaviour
has most impact?
NHR - Growing Businesses...Through People
Percentage of Market Value Related to…
1. Brookings Institution analysis of S&P500 companies
2. Kaplan & Norton
38%
38% 15%
62%Intangible
Assets
19821 19921 20022
Tangible
Assets
62%
85%
2012
?
NHR - Growing Businesses...Through People
© 2010 Narejo Human Resources
1980s 2000s1990s
Investors
Asset
Cost
NHR - Growing Businesses...Through People
Rahila NarejoChief Executive, Lead Consultant
P R I V A T E L I M I T E D
N.H.R.
Growing Businesses...Through People ™
Narejo Human Resources
www.narejohr.com