According to Gallup, there are four human capital strategies which combined can add up to 59% more growth in revenue per employee. Each strategy has been widely tested and proven effective on its own. We at Weekdone aim to track and increase employee progress, therefore we would like to share the findings of Gallup report: State of the American Manager - Analytics and Advice for Leaders.
2. Each element plays a unique role and has an added scientific value
in predicting the outcome
Gallup: companies combining 4 human
capital strategies add up to 59% more
growth in revenue per employee
Focus on strengths
Engaged workforce
Talented employees
Great manager
+ 8%
+ 18%
+ 6%
+ 27%
+ 59%
THE ADDITIVE EFFECT
3. HOW
Companies pick the wrong manager 82% of the time because using the wrong
criteria - years of seniority or standout performance as an individual contributor
ACCELERATE GROWTH BY
hiring candidates based on their specific talent to manage others
drive outcomes
overcome adversity
build strong relationships
decisions based on
performance
Natural ability to:
+ 27%
GREAT MANAGERS
4. Additional benefits:
streamlines decision-making
increases productivity
improves employee
engagement
Selecting naturally talented individual contributors increase
revenue per employee by 6%
HOW
Companies tend to concentrate on candidates' education, skills
and work experience
ACCELERATE GROWTH BY
hiring and developing employees that have the right natural
talent to excel in his/her role
+ 6%
TALENTED EMPLOYEES
5. Engaged employees improve:
productivity
profitability
quality
customer ratings
A culture of employee engagement lead up to 18% higher revenue
per employee
HOW
Ask employees the right performance-based questions
ACCELERATE GROWTH BY
Develop an employee development plan that includes strategy, great communication and
accountability aligned with scientifically tested metrics and performance outcomes.
+ 18%
ENGAGED WORKFORCE
6. disengaged employees cost
the U.S. between 450$ billion
and 550€ billion per year
Worldwide, 2012 only 13% of
employees were engaged
CURRENT SITUATION
7. When teams learn and focus on their strengths every day, their
productivity produces up to 8% higher revenue per employee.
HOW
Companies can maximize their human capital by helping employees identify their strengths
ACCELERATE GROWTH BY
Implement an assessment system like Weekdone to pair top
managers with high-potential employees
+ 8%
FOCUS ON STRENGTHS
61%workers are engaged
1%are disengaged
if their manager focuses on their strengths
8. WEEKDONE HELPS YOU TO TRACK
AND INCREASE EMPLOYEE PERFORMANCE
google.com/+weekdonefb.me/weekdonelinkedin.com/
company/weekdone
@weekdone
increase
engagement and
communication
Quickly know
team status