CEB s Workforce Surveys & Analytics
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1 CEB s Workforce Surveys & Analytics 3
2 80% of the 4,000 business leaders CEB surveyed in 2011 said engagement initiatives do not drive business outcomes at their companies. Mobilizing the Workforce: Enable High-Impact Communication Across the Organization 4 5
3 Achieving Strategic and Cultural Alignment with Your Employee Survey Culture is the foundation for any successful enterprise, and ours inspires our people to improve every day. It is why GE works. Jeffrey Immelt, Chairman and CEO GE The Human Resources Executive s Challenge and Opportunity In recent years, leading organizations have begun to see a disconnect between their engagement initiatives and business performance. Despite achieving high levels of employee engagement, they struggle to translate that engagement into even stronger business performance. In 2011, 80% of the 4,000 business leaders CEB surveyed said that engagement initiatives do not drive business outcomes at their companies. This presents an opportunity for C-level human resources executives to deliver additional talent measures that can affect business performance. New Workforce Measurements Can Influence Your Company Strategy The changing nature of work has created demand for new survey tools to measure more than employee engagement going deeper to measure interrelated factors that enable engagement to deliver meaningful business results. An effective survey framework looks beyond engagement and assesses two broad types of workforce capabilities: Universal Three competencies that every organization needs to succeed: engagement, alignment, and agility. Strategy-specific Capabilities needed to achieve the organization s strategic priorities, such as a focus on efficiency, customer centricity, innovation, or quality. Driving Insight to Action To manage each stage of the survey process for all stakeholders from the HR team, to business managers, and up to the executive suite it s critical to have survey technology that helps you focus on the more strategic actions that follow. Easy administration, flexible design, and userfriendly data presentation all make your life easier by streamlining activities, facilitating communication, and bringing critical next steps to your attention. CEB helps you achieve this and so much more, with a global support structure for survey deployments around the world, as well as familiarity surveying in more than 144 countries and 85 languages. Our technology solutions comply with all relevant employee privacy and data security requirements. 6 7
4 About CEB CEB is the world s leading member-based advisory company. We have a unique view into what matters and what works when capitalizing on drivers of business performance. With 30 years of experience working with top companies to share, analyze, and apply proven practices, we begin with great outcomes and reverse-engineer to help you unlock your full potential. Every year we equip more than 21,000 senior leaders from more than 10,000 organizations across 110 countries with the insight and actionable solutions they need to respond quickly to evolving business conditions and transform operations. We do this by combining our advanced research and analytics with best practices from clients from approximately 90% of the Fortune 500, 74% of the Dow Jones Asian Titans, and nearly 87% of the FTSE 100. As a result, our members achieve outsized returns by more effectively optimizing talent investments, creating new sources of efficiency, reducing risk, and enabling and accelerating growth. 8 9
5 About Workforce Surveys & Analytics ClearAdvantage Is Your Competitive Advantage CEB, through the work of the Workforce Surveys & Analytics team, provides unsurpassed measurement, reporting, and improvement of organizational capabilities and employee opinions globally. Our research-driven approach helps us design surveys that drive workforce transformation, aligning your employees with your most critical business strategies and goals. Our unparalleled collection of best practice research allows us to deliver the latest insight and guidance to our clients. Our research shows that although engagement is an important indicator of workforce performance, alone it is insufficient for measuring what matters in driving business results. CEB s approach to employee surveys is based heavily on our ClearAdvantage framework, which assesses the critical workforce capabilities needed to execute on your organization s specific business priorities. It also assesses the capabilities for engagement, alignment, and agility three competencies that every organization needs to succeed today. This framework, exclusively designed for our employee engagement survey solutions, allows your workforce survey to become a strategic tool to help drive organizational performance. With our consultants offering over 45 years of experience, we create the most authoritative voice on organizational effectiveness in the industry, providing leading global companies with the science to make informed decisions, the best practices to turn insight into performance, and the next generation technology to manage change and transform the organization. The CEB ClearAdvantage approach helps ensure: Employees are engaged and directing their effort and energy toward the firm s goals, Employees are able to lead and adapt to change as circumstances shift, and Organizational culture supports the firm s strategy. CREATE ADVANTAGE ENGAGEMENT BUSINESS PRIORITIES AGILITY ALIGNMENT SUSTAIN ADVANTAGE 10 11
6 Aligning Your Culture to Make Your Business Thrive CEB defines a business priority as a specific strategy or initiative that an organization deliberately selects to increase enterprise value. Some business priorities (e.g., customer centricity or innovation) serve to define a company s identity. Others (e.g., mergers and acquisitions) are more of a means to achieve other priorities. Business Priorities to Guide Strategic Survey Design Business Model Continuous Improvement Your senior leaders work hard to create and sustain a culture that drives the right priorities. Cultural mismatches, such as trying to drive innovation in a risk-averse culture, stymie progress and achievement. So, in addition to measuring engagement, alignment, and agility the three drivers of performance that matter to every organization CEB s ClearAdvantage approach for workforce survey solutions focuses on capabilities specific to the strategy the organization has selected as its way of creating enterprise value. Customer Centricity Innovation Low-Cost Leader Quality 12 Solutions Strategy Scale (Mergers and Acquisitions) 60% of highly engaged employees report their work is not aligned with company goals. Mobilizing the Workforce: Enable High-Impact Communication Across the Organization 13
7 Solutions Tailored to Your Talent Needs I think the model for starting employee engagement activities has to be embedded in everything you do. Richard Branson, Chairman Virgin Group Our solutions are the result of collaborative efforts between our bright minds and yours. Our work is generously backed by over 45 years of experience and CEB s latest research. As the world s leading memberbased advisory company, CEB has a unique view of what matters and what works when capitalizing on drivers of business performance. We also rely on your experience and perspective, and together build a fruitful thought partnership that inspires real improvements in your organizational performance. Employee Surveys When we begin a survey engagement, we go beyond customized Total Rewards Optimization Surveys Delivering a total rewards plan that balances employee Employee Value Proposition Surveys CEB can help you develop a well-managed, differentiated 360-Degree Feedback Surveys Our multi-rater feedback solutions, customized for Other Engagements Linkage Analysis Text Analytics Pulse Surveys question development. preferences and total spend employee value proposition your organizational strategy, Our consultants employ can optimize the effect to improve your ability include a fully online process, our ClearAdvantage of your investment. Our to attract high-quality benchmark reporting, and framework, linking customized Value-Driven candidates, decrease action planning support. In employee engagement, Plan Design can inform you compensation premiums for addition, our team develops strategic alignment, and of the rewards most valued new hires, and fuel employee comprehensive models agility initiatives in ways throughout your multiple commitment and retention. and rating systems to help that positively affect your employee segments. assess your workforce business objectives and competencies. workforce performance
8 Resetting the Strategy In 2008, executives at Discovery Communications set out to propel growth through innovation and their ability to bring innovative content to audiences around the world. Using the Survey to Communicate Direction and Create Urgency The survey design and the follow-up actions all focused on maximizing the level of innovation. Actions to Drive Change As a result of the survey, executives created more opportunities for collaboration and encouraged managers to increase their tolerance for risk, enabling the organization to learn, grow, and be creative. Truly innovative companies leverage the broad organizational capabilities that enable innovation. Unlocking employee potential at Discovery has increased share price growth when compared to other competitors. Share Price Growth % 80% 0% 65% Industry Peers 130% Discovery Communications 16 17
9 Get in Touch Want to know what the world s best executives know? Learn what the best companies do. LinkedIn CEB Workforce Surveys & Analytics Web [email protected] Phone CEB. All rights reserved. CEB151341GD 18
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