Are your employees engaged or do you need a high performance work system?
Companies with disengaged workforces suffer from problems that do not seem to get better, including excessive employee turnover, lower productivity and profits. When employees are engaged, however, the results can be much different. One Gallup study reported that firms with top engagement scores had 18% higher productivity and 16% profitability. According to a study by the Corporate Executive Board, engaged employees outperform average employees by 20% and are 87% less likely to leave their organizations than highly disengaged employees. Because there simply is not enough margin for error when it comes to performance in today’s highly competitive environment, in a small business, engagement can have an even bigger impact.
As a small business owner, how do you know if your employees are engaged or not?
How does engagement/disengagement affect achieving the strategic goals of the company?
What ethical concerns occur when employees are disengaged?
How can you increase the engagement of employees other than by asking them to work harder than they already are?
Make recommendations to engage your workforce taking into consideration diversity, age, race and gender.
How can you measure the impact on the business?