Employee engagement should be top business priority for senior executives; after all 70% of our key stakeholders are disengaged.
This is a travesty costing businesses billions in lost profits and productivity.
Having a high-performing workforce is essential for growth and survival. A highly engaged workforce can increase innovation, productivity, safety, and bottom-line performance while reducing costs related to hiring and retention in highly competitive talent markets.
But while most executives see a clear need to improve employee engagement, many don’t know how to move the engagement needle to the right.
In this episode I tackle this topic and show that the three key drivers to engagement are:
- Consistent authentic & transparent communication from senior leadership. If the CEO can communicate where the organization is going, and why it’s going that way, the organization becomes engaged.
- Key stakeholders know their role and how it contributes: If the organization’s employees know how their role feeds into the overall mission they will become engaged.
- Consistent recognition of the high performers: Celebrating those individuals and teams that are emulating and living out the culture and brand will increase employee engagement.