the talent report a measured approach to improving workplace productivity

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A measured approach to improving workplace productivity & business performance Prepared by: Jason Buchanan Optimum Consulting Group 1

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Page 1: The talent report   a measured approach to improving workplace productivity

A measured approach to

improving workplace productivity

& business performance

Prepared by:

Jason Buchanan

Optimum Consulting Group

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Page 2: The talent report   a measured approach to improving workplace productivity

Workplace productivity remains a key business issue

A key challenge for any organisation is attracting, engaging and retaining and

developing a highly productive workforce:

• In Australia in 2013, 25% of people will change jobs, which will cost

somewhere between 50% and 150% of each individual’s salary *.

• In people intensive businesses, small improvements in people productivity

translate into big financial returns. Every 1% increase in productivity can

improve profits by 10%**.

• By measuring and understanding the key drivers of people productivity,

organisations can create and nurture a productive workforce which is both

engaged and committed.* Mercer Consulting 2012 **Boston Consulting Group 2007

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Page 3: The talent report   a measured approach to improving workplace productivity

Workplace productivity remains a key business issue:

The most productive employees are those who are engaged in their roles and

committed to their organisation.

Organisations with an engaged and committed workforce achieve better

productivity and profits, lower turnover, and higher customer satisfaction and

retention levels.

This is important because:

• An individual may be committed to an organisation but not like their job, or

• An individual may be engaged in their role but not like the organisation they

work for.

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Page 4: The talent report   a measured approach to improving workplace productivity

The Optimum framework for measuring and

improving the drivers of workplace productivity

ImproveEmployee

Performance

ImproveBusiness

Performance

Person-Role

“Fit”

Total Employee Experience

(Engagement + Commitment)

Organisation

Design

Workplace Productivity

By measuring and understanding the

key drivers of workplace productivity,

an organisation will improve employee

and overall business performance.

Page 5: The talent report   a measured approach to improving workplace productivity

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Page 6: The talent report   a measured approach to improving workplace productivity

Measuring the drivers of Workplace Productivity

Organisation DesignTeams, Roles & Structure

Person/Role FitRecruitment & Assessment

Total Employee Experience

Engagement & Commitment

Are our organisational processes,

structures and interfaces appropriate?

Do we attract and recruit the right

people to be successful?

Are our team members both

engaged and committed?

DRIVER KEY BUSINESS QUESTION MEASURE

Workplace Productivity

Pulse

Total Workplace Productivity

Audit

Page 7: The talent report   a measured approach to improving workplace productivity

Workplace Productivity

Pulse

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Page 8: The talent report   a measured approach to improving workplace productivity

The Workplace Productivity Pulse

The Workplace Productivity Pulse is an effective way for organisations to assess and

monitor the key drivers of workplace productivity with minimal disruption to employees.

• A very short online survey which is simple and easy for employees to complete

• Establishes an ‘early warning system’ to track changes over time.

8

Now

6 months

12 months

18 months

Page 9: The talent report   a measured approach to improving workplace productivity

‹#›

Page 10: The talent report   a measured approach to improving workplace productivity

Workplace Productivity Index: Area Report Heat Map (Example output)

Where to focus in the Workplace Productivity Index Area Report Heat Map

This downward view into your organisation shows you which groups are doing well and

which groups are in need of attention. Areas in green represent departments who can

share best practices and areas in red are those with opportunity to improve.

NWorkplace

Productivity Index

Company Overall 53 67%

Department #1 58 50%

Department #2 11 82%

Department #3 168 74%

Department #4 200 80%

Department #3 115 73%

Department #2 166 72%

Department #1 177 74%

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Page 11: The talent report   a measured approach to improving workplace productivity

Total Workplace Productivity

Audit

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Page 12: The talent report   a measured approach to improving workplace productivity

The Total Workplace Productivity AuditThe goal of conducting the Workplace Productivity Audit is to understand the status of the key

drivers of workplace productivity. It comprises:

1. Total Employee Experience Audit:

• A 10-15 minute online questionnaire to measure important aspects of an employee’s

experience to determine what drives employees to perform at their best.

2. Recruitment Method & Person-Role ‘Fit’ Assessment:

• Through discussions with employees, we uncover the opportunities for organisations

to improve their ability to attract, engage, retain and develop current and future

‘talent’.

3. Organisation Design Review

• Through discussions with employees, we identify key elements of organisation design

which negatively impact workplace productivity.

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Page 13: The talent report   a measured approach to improving workplace productivity

The Optimum Employee Experience Audit Framework

Total Employee

Experience

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We measure the Total Employee Experience across each of these twelve dimensions.

Team Work

Decision Making

RewardManager

Effectiveness

CareerDevelopment

Conditions for Success

PerformanceMeasurement

JobCharacteristics

Brand & Culture

SeniorLeadership

Recruitment/On Boarding

Health Safety &wellbeing

Page 14: The talent report   a measured approach to improving workplace productivity

Area Report Heat Map (% Favourability)Example Output

Where to Focus in the Department Area Heat Map

This downward view into your organisation shows you which groups are doing well and which groups are in need of

attention. Areas in green represent departments who can share best practices and areas in red are those with

opportunity to improve.

Heat Map by Dimension N Sen

ior

Lead

ers

hip

Man

age

r Ef

fect

ive

nes

s

Team

Wo

rk

Pe

rfo

rman

ce

Man

age

men

t

De

cisi

on

Mak

ing

Job

Ch

arac

teri

stic

s

He

alth

Saf

ety

an

d

We

llbe

ing

Co

nd

itio

ns

for

Succ

ess

Bra

nd

Car

ee

r D

eve

lop

me

nt

Re

war

d

Company Overall 3356 70 72 80 70 75 77 80 90 52 80 82 70

Department #5 34 75 67 62 59 63 77 66 77 70 57 75 75

Department #4 22 82 63 74 85 84 78 71 81 85 80 84 82

Department #3 168 74 65 57 54 58 78 66 74 71 59 76 74

Department #2 31 80 77 65 48 62 77 64 79 76 62 74 80

Department #1 311 74 66 59 56 60 76 67 75 70 60 75 74

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Page 15: The talent report   a measured approach to improving workplace productivity

Overall Company Score:

Where to Focus in the Employee Experience Dimension Summary

Focus on the top 3 dimensions highlighted in green as areas of strength and the bottom 3 dimensions highlighted in red as

areas of opportunity. Refer to item detail to review detailed results on the items within these dimensions.

Results by Employee Experience Dimension

Responses

Example Output

18%

19%

18%

19%

15%

16%

14%

15%

11%

13%

12%

8%

27%

25%

24%

22%

22%

20%

21%

19%

20%

13%

13%

16%

55%

56%

58%

59%

63%

64%

65%

66%

69%

74%

75%

76%

0% 20% 40% 60% 80% 100%

Recruitment and onboarding (n = …Reward (n = 3065)

Career Development (n = 3054)Brand (n = 3064)

Conditions for success (n = 3065)Health Safety and Wellbeing (n = 3067)

Job Characteristics (n = 3068)Decision Making (n = 3065)

Performance Management (n = 3067)Team Work (n = 3064)

Manager Effectiveness (n = 3065)Senior Leadership (n = 3064)

Unfavorable (0-3) Neutral (4-6) Favorable (7-10)

Unfavorable % Neutral % Favorable %

Page 16: The talent report   a measured approach to improving workplace productivity

Optimum’s Organisation Review

The review process focuses on three critical organisational elements associated with

effectiveness and efficiency of work:

1. Requisite Organisation Structure Review

• Are the right number of roles optimally positioned within the different levels of work?

2. Levels of Work Assessment

• Is work being completed at the expected levels?

3. Interface Review

• Are key interfaces clear in terms of inputs, outputs, authorities and accountabilities?

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2. Organisation Design Review

Page 17: The talent report   a measured approach to improving workplace productivity

3. Person-Role ‘Fit’

Assessment of Recruitment Methods

We assist organisations to answer the following questions:

• Do we effectively identify technically suitable people and then match the person to the

requirements of both the role and the team?

• Do we assess candidates across the following key dimensions:

• Mental processing ability?

• Knowledge?

• Skills?

• Wisdom?

• Style?

• Temperament?

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Page 18: The talent report   a measured approach to improving workplace productivity

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Month 1• Total Workplace Productivity Audit

Month 6• Workplace Productivity Pulse

Month 12• Workplace Productivity Pulse

Month 18

• Total Workplace Productivity Audit

The challenge for organisations

experiencing high rates of change or growth is that things change so quickly. Under these

circumstances, we suggest a full

review, with a ‘Pulse’ every 4-6 months.

Page 19: The talent report   a measured approach to improving workplace productivity

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Why Optimum Consulting?

We understand workplace productivity. Many organisations simply measure employee

engagement, which is just one part of the productivity equation.

We manage the process for you. There is very little time investment required from your

staff to make this happen.

We have the experience and knowledge. Our methods are efficient and effective because

we know they work.

We are independent. Because we provide data in an aggregated format, employees are

comfortable to answer all questions openly and honestly.

We help you implement change effectively, which means you won’t be left with an expensive

report which simply gathers dust.

Page 20: The talent report   a measured approach to improving workplace productivity

Contact Details

Jason Buchanan

General Manager – Western Australia & South East Asia

[email protected] 0423 244 342

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