NEW METRICS -
German software company SAP’s operating profit improves EUR35 million ($38 million) to EUR45 million ($49 million) when its employee engagement index rises one percentage point, according to the company’s 2014 integrated report.The financial impact of a higher employee engagement index results, among other things, from the fact that dedicated employees are more innovative and absent from work fewer days. Likewise, because they are more loyal to the company, there is less missed revenue and less recruiting and training costs traditionally associated with higher turnover rates.
ORGANIZATIONAL CHANGE -
Karen Little, Director of Development at Kiva, and Ann Ewasechko, Global Manager of Strategic Partnerships & Innovation in Education at HP, discussed the great success of their joint social campaign “Matter to a Million” during a Wednesday afternoon session. Matter to a Million is a 5-year global partnership between HP and Kiva aiming to support 1 million entrepreneurs around the world through microlending and, as Ewasechko said, to empower employees to make an impact and a difference.
ORGANIZATIONAL CHANGE -
What if 100 percent of your employees were engaged in your business? According to Gallup, that would translate to an increase of anywhere from $450-550B in increased revenue for US companies alone. Those are daunting numbers in the macro. But what matters is how it translates to your business. Even if it were only 1 percent of your revenue, wouldn’t you want to know?
LEADERSHIP -
One organization taking the initiative to improve gender representation in its industry is Cognizant Technology Solutions — whose employee-led Women Empowered initiative attracts and retains female associates through active recruitment, talent development, communication and networking.
BEHAVIOR CHANGE -
Many organisations are grappling with the same question: How do we create an employee reward and recognition programme designed to deliver widely adopted and sustained pro-environmental behaviours?
PRESS RELEASE -
At Saatchi & Saatchi S we believe that employees are not only the heart and soul of a company: they are a company’s greatest asset in propelling and achieving its sustainability vision. At its most inspirational, employee engagement is also about magnifying the power of individual actions to effect large-scale change.
ORGANIZATIONAL CHANGE -
A recent report released by financial services firm Jones Lang LaSalle claims companies that implement successful sustainability initiatives solicit employee participation and recommends organizing the engagement process into three phas
LEADERSHIP -
Amidst the wanton extravagance of the Las Vegas Strip, Caesars Entertainment is making notable strides in reducing its environmental impact. Estimates find that for every $10 million in revenue earned, Caesars produces fewer than 1,300 metric tons of greenhouse gas (GHG) emissions, which monetize at less than $28,000 in environment costs (compared to an average 3,800 metric tons for S&P 500 companies, which monetize at over $80,000 in environmental costs).