Events
Innovation in Employee Engagement
Wednesday 18 July 2007
Among other great articles, the winter 2007 edition of Fast Thinking magazine highlights the '8 Factor' model for effective employee engagement, created by strategic futurist Marcus Barber. Using the model he shows how organisations can develop greater flexibility when it comes to providing incentives as a means for improving productivity and ensuring longevity for staff. Check out www.FastThinking.com.au where you can download a copy of the article and then make sure you subscribe to this excellent Innovation magazine.
Depending on the organisation type (for profit; not for profit; government) there will typically be a single dominant approach to how an organisation offers 'incentives' to its staff. These incentives can be summarised as 'more cash'; 'more time'; 'more stuff' and 'more people' and by and large, the single dominant approach will be used as 'de rigeur' regardless of the actual needs of the various employees.
This 'one size fits all' approach is a highly limited way to engage your employees. What it means is that you might be spending more cash on staff salaries than you need to, not appreciating the perceived lack of value that 'time off in lieu' creates, offering training programs where they are of little interest, or giving 'bonus gifts' that are both unwanted and of little use to the employee.
The end result is a staff engagement and incentive scheme that does NOT deliver the result you expect from it - a more productive, engaged, content workforce that can produce greater results. Significantly if your business is faced with potential skilled staff shortages a mismatch might lead to an unexpected departure by employees for 'greener pastures' more attuned to their actual desires.
For more information on the '8 Factor' model, feel free to contact us via email here or pick up the latest copy of Fast Thinking magazine
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Events
Tuesday 8 May 2012
Have just spent a few hours discussing the Future of Money, hosted by James Bibby at Microsoft in Sydney and facilitated by Peter Vander Auwera from SWIFT/Innotribe. I'd like to flag that everyone understood that the session was way too short for such a big topic and everyone would agree that we just scratched the surface (not that the scratch would leave too much of a mark just yet). The session was a kick start for a group from a wide variety of interests: banks, payment providers' IT specialists and some specialty consultancies.
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Wednesday 2 May 2012
Ernst & Young and GreenBiz have completed a survey of business executives looking at the development of Corporate Sustainability around the world. The report shows that there has been a clear rise in awareness; that employees are a core source driving sustainability actions; that reduction of costs is a core appeal and that return on investment in sustainability actions is required to be judged in the same way as other corporate investments. For me this poses a dichotomy of thinking - the environment was built up over millennia and our use of it has taken just a couple of centuries yet we judge sustainability actions at the same 'speed of delivery' criteria. That poses a challenge and is perhaps an unrealistic set of expectations.
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Tuesday 24 April 2012
On the eve of ANZAC day here in Australia ABC Radio Darwin's Vicki Kerrigan chats with futurist Marcus Barber on the future of war - what the future triggers of war might be and how war will be fought
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