ibm smarter workforce summit toronto 2015: changing culture and driving performance

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CHANGING CULTURE & DRIVING PERFORMANCE APRIL 30 TH , 2015

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CHANGING CULTURE & DRIVING PERFORMANCE

APRIL 30TH , 2015

FRHI HOTELS & RESORTS

2

Kyla Devereaux Director, Learning & Development

AGENDA

• The New FRHI Hotels & Resorts

• Our Vision, Mission, Values

• Our Employee Value Proposition

• ONE VOICE Colleague Engagement Survey

3

FRHI REACHED A TURNING POINT IN 2013…

1998 - 1999 2005

Swissôtel founded by

Nestlé and SwissAir Raffles International

acquired Swissôtel

Raffles founded with opening of

Raffles Hotel, Singapore

1980 2001 2006

Fairmont acquired by

Kingdom and Colony,

merged with Raffles

International

CP Hotels, Princess Hotels

and Fairmont Hotels

combined under Fairmont

name

Colony Capital acquired

Raffles International

Canadian Pacific

(CP) Hotels founded

1886

1887

Fairmont Hotels founded

with opening of Fairmont

San Francisco

1907 2010

2013

Colony Capital sold

interest to affiliate of

Qatar Investment

Authority

June 2013

Major ONE FRHI Reorganization

HR ALIGNED TO COMPANY STRATEGY

1.Prepare for Global Growth

2.Drive Current Performance

6

7

Current

Blue text - Hotels

Grey text - Residential

Future

AMERICAS

EUROPE

MIDDLE EAST & AFRICA

CHINA

ASIA PACIFIC

44 8

47 10

33 5

25 1

22 3

26 2 30

10 18 2

16

9

45 8

45 8

AGGRESSIVE GROWTH STRATEGY

AMERICAS

EUROPE

CHINA

MIDDLE EAST, AFRICA & INDIA

ASIA PACIFIC

7

Today - 112 2018 – 158 +

FRHI “BRANDS” OVERVIEW

11 Hotels

9 Countries

70 Hotels

22 Countries

31 Hotels

18 Countries

An oasis for the well-traveled

offering emotional

luxury

Turning moments into

memories

Quality in Life

We bring quality to our guests’ lives

What Makes Our Brands Different: Brand Promises

CHANGING THE MAJOR ORGANIZING STRUCTURE OF THE COMPANY

10

Past

From

By Individual Brand

Future

To

By Geography, Multi-Brand

Americas Div.

Europe MEAI APAC

Vision, Mission, Values

A SINGLE VISION

12

A SHARED MISSION

13

VALUES THAT UNITE US

14

Employee Value Proposition

16

DEFINITION: THE EMPLOYEE VALUE PROPOSITION (EVP)

The EVP The set of attributes that the labor market and employees perceive as the value they gain through employment in the organization.

Source: CEB Corporate Leadership Council:

Refreshing Your Employment Brand 2013.

OUR EVP

17

ONE FRHI: EMPLOYEE VALUE PROPOSITION

18

CONNECT We share a pride and a passion for serving our guests,

colleagues and communities. We believe in our

mission and are inspired by sharing and celebrating

stories of excellence.

GROW We are open to learning and improving every day and

seek to unlock our full potential. We know who we are,

where we stand, and have clear plans in place to help

us develop personally & professionally.

LIVE We seek a higher quality of life and working here helps

us achieve that goal. We are encouraged and

supported to enrich our overall well-being and achieve

our dreams.

19

MY CONNECT GROW LIVE

FRHI TALK: INTERNAL SOCIAL MEDIA SITE

20

Colleague Engagement Survey

Confidential – Prepared by IBM

Talent Special Ability

I know what to do & how to do it

Capacity to do it well

+

Engagement Emotional Commitment

I care about doing it

Performance Focus on Accomplishment

I bring my “best self” everyday

DRIVING ORGANIZATIONAL PERFORMANCE

=

22

New Perspective Engagement alone is not enough to ensure high performance. Energized

Colleagues must also be enabled by the organizational commitment and practices to reach their full potential.

NEW HIGH PERFORMANCE ENGAGEMENT MODEL

ENGAGEMENT – A DEFINITION

When individual colleagues are truly

engaged, they can tolerate limited periods of lower work satisfaction and

stay highly committed.

SATISFACTION Overall, I am extremely satisfied with my hotel/ FRHI Hotels & Resorts as a great place to work

COMMITMENT I rarely think about looking for a new job with another company.

PRIDE I am proud to work for my hotel/ FRHI Hotels & Resorts

ADVOCACY I would recommend my hotel/ FRHI Hotels & Resorts as a great place to work

PERFORMANCE ENABLEMENT BEYOND ENGAGEMENT, PEOPLE NEED CERTAIN FACTORS TO BE HIGH PERFORMING

QUALITY • Senior managers at my hotel are committed to providing high quality

products and services to our guest and customers / stakeholders (i.e. colleagues, guests, owners).

• Where I work, we set clear performance standards for product and service quality.

GUEST SERVICE • We regularly use guest/ stakeholder (i.e. colleagues, guests, owners)

feedback to improve our processes. • Guest/ Stakeholder (i.e. colleagues, guests, owners) problems are dealt with

quickly.

TRAINING • At my hotel, colleagues receive the training and development needed to

anticipate guests' needs and exceed their expectations/ meet our stakeholders' (i.e. colleagues, guests, owners) needs..

TEAMWORK • In my department, colleagues are encouraged to participate in making

decisions that affect their work. • The people I work with cooperate to get the job done.

Performance

Enablement

Index

Colleague

Engagement

Index

INDICES ITEMS

Total 49 Items

+

Open Ended

Comments

SCORE

Organizational

Excellence

Score

DIMENSIONS

Well-being

Leadership

Service

Workplace

Behavior Change

Accountability

SURVEY STRUCTURE

27

ONE VOICE COLLEAGUE ENGAGEMENT PROGRAM

• It’s not a survey, it’s a program!

• Annual and mid- year pulse survey supported by a formalized, integrated action planning process

• Annual business impact studies

links colleague engagement to desired business results.

Team Performance

Service Quality

Guest Satisfaction, Loyalty, Advocacy

Market Share

Financial Performance

Business Growth

Driving Organization Impact

How Did We Do?

Confidential – Prepared by IBM

ORGANIZATIONAL EXCELLENCE SCORE (OES)

29

88 86 89

50

60

70

80

90

100

FRHI OVERALL

OES EI PEI

N=35,227

-------- 82

-------- 80

IBM Top 10% ----

-------- 83

WHAT DRIVES ENGAGEMENT WITHIN OUR CULTURE?

Quality of Life

Vision that Inspires

Place to Grow

Desire to Improve

ONE FRHI: CONNECT, GROW, LIVE

• I regularly enjoy a

sense of fun, family or

friendship at work (my

social well-being).

• My job makes good

use of my talents/skills

and abilities (my mental

well-being).

31

87%

87% (+4)

Score - % Percent Favourable (4’s & 5’s) Score in ( ) - points above IBM Top 10%

ONE FRHI: CONNECT, GROW, LIVE

• My hotel provides

me with opportunities

for learning and

development.

• I am satisfied with

my opportunities for

advancement.

• I am encouraged to

develop new and better

ways of serving guests.

32

87% (+7)

78% (+6)

87% (+5)

Score - % Percent Favourable (4’s & 5’s) Score in ( ) - points above IBM Top 10%

ONE FRHI: CONNECT, GROW, LIVE

• Working here helps me

improve my quality of life

and achieve my dreams

(my overall well-being).

• My immediate

supervisor/manager

supports my efforts to

balance my work and

personal life.

33

84% #1 Global Driver of Engagement

83%

Score - % Percent Favourable (4’s & 5’s) Score in ( ) - points above IBM Top 10%

VISION/MISSION/VALUES

• Leadership Dimension – 85%

• Accountability Dimension – 85%

• Service Dimension – 88%

34 Score - % Percent Favourable (4’s & 5’s)

ONE VOICE LEADERSHIP AWARDS

35

CUSTOMER SATISFACTION DRIVEN BY AGILITY IN SOLVING GUEST PROBLEMS, A STRONG SENSE OF PRIDE, AND GUEST-CENTRIC TRAINING.

GSE scores Guest problems are dealt

with quickly.

Where I work, we set clear

performance standards for product

and service quality.

Senior managers at my hotel are

committed to providing high quality

products and services to our guests

and customers

I am proud of the condition

of our employee facilities.

I am proud to work for my

hotel.

At my hotel, colleagues

get the training and

development needed to

anticipate guests’ needs

and exceed their

expectations.

I would recommend my

hotel as a great place to

work.

Leading predictor

Engagement item

Enablement item

Engagement item

Enablement item drivers

HIGH OES = HIGHER GUEST SATISFACTION INDEX

8.26

8.17

Top 25% Bottom 25%

GSI by OE quartile

Organizational Excellence Score: 79% Organizational Excellence Score: 96%

38

ONE FRHI LAUNCH EVENTS

WE ARE ONE FRHI: THE FAIRMONT EMPRESS

39

BRINGING OUR CULTURE TO LIFE: VIDEO

40

UNITING & FOCUSING 42, 000 COLLEAGUES

41

THANK YOU!

Kyla Devereaux [email protected] (416) 874-2734