what is your workiq?

19
WHAT IS YOUR ?

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Post on 01-Dec-2014

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Every company has a WorkiQ, however, most companies don't have good reporting tools to help calculate and improve it. This presentation introduces the benefits of finding and improving your company's WorkiQ.

TRANSCRIPT

Page 1: What is your WorkiQ?

WHAT IS

YOUR

?

Page 2: What is your WorkiQ?

Real-Time Workforce Analysis

Page 3: What is your WorkiQ?

67% of the highest performance scores go to employees not rated as “Top Performers.” - CEB 2012

Page 4: What is your WorkiQ?

MANAGERS

I have limited visibility into my team’s performance

I need controls to quickly adjust to market conditions

I need to meet my performance goals

DIRECTORS ASSOCIATES

Page 5: What is your WorkiQ?

SMARTER MANAGERS

SMARTER DIRECTORS

SMARTER ASSOCIATES

Has real-time insight to what all associates are achieving and how they are spending

their time

Has data to know exactly what they need to improve and real-time feedback to help achieve

their goals

Has real-time and historical data to get concrete

answers needed to make performance improvements

Page 6: What is your WorkiQ?

Before getting a real view into the data, managers were asked to rank staff based on subjective conversations and self reporting. As a result of analyzing the actual data, we found the top 5 and bottom 5 were incorrect.

Director of Strategic Operations Large US Healthcare Payer

Page 7: What is your WorkiQ?

American workers waste an average of 2.09 hours per 8 hour workday…

Page 8: What is your WorkiQ?

I know my people are busy…

…but what exactly are they doing?

Page 9: What is your WorkiQ?

I know my people are busy…

How much time is spent in productive vs. non-productive applications and websites?

Page 10: What is your WorkiQ?

I know my people are busy…

Who are my most productive employees and how do you bring everyone to the same level?

Page 11: What is your WorkiQ?

I know my people are busy…

How many productive hours do you get by individual and by team?

Page 12: What is your WorkiQ?

Measure in Real-Time

•  “True” employee productivity

by complexity and work mix

•  Associate comparison

•  True measurement of office,

remote and outsourced work

•  FTE utilization

Page 13: What is your WorkiQ?

Manage in Real-Time

•  Decisions based on facts

•  Understand and eliminate bottlenecks

•  Measure and monitor to ensure

productivity improvement

•  Real-time data for “in the moment” coaching.

Page 14: What is your WorkiQ?

Improve in Real-Time

•  Spot and reward productive behavior through individualized reporting

•  Peer comparisons challenge associate to challenge themselves

Page 15: What is your WorkiQ?

Companies with “Highly Engaged” employees outperform other companies by 23% Gallup 2013

Page 16: What is your WorkiQ?

20 %  

RECAPTURE OF WASTED TIME

Page 17: What is your WorkiQ?

What it means for you... •  Gain efficiency of time,

money and resources

•  Build a culture of accountability

•  Find your next superstars and build a team around them

•  Typical 90 day payback

Page 18: What is your WorkiQ?

We have been seeing a great impact in the production time which resulted in more claim production, our productive time improved by 8.93% from the time we implemented WorkiQ and our claims production volume increased by 15% for the same period of time. Thank you so much for introducing such a great product.

AVP - Claims Operations Large Healthcare

Page 19: What is your WorkiQ?

Learn More www.workiq.com