For HR to step into the future, all of this needs to change. And here’s why:
Raise your hand if you’ve
received a survey in the last week asking for your feedback on a purchase or
transaction, posted feedback online, or read others’ reviews to help you make a
decision. There’s no disputing the prevalence and importance of measuring
customer satisfaction and the widespread use of metrics in just about every
facet of business as a tool to evaluate and improve performance. So, if workers
are HR’s customers, with the power to make or break business success, how well
are you tracking and measuring their experience and satisfaction? And, more
importantly, what are you doing to improve it?
Raise your hand if you’ve
received a survey in the last week asking for your feedback on a purchase or
transaction, posted feedback online, or read others’ reviews to help you make a
decision. There’s no disputing the prevalence and importance of measuring
customer satisfaction and the widespread use of metrics in just about every
facet of business as a tool to evaluate and improve performance. So, if workers
are HR’s customers, with the power to make or break business success, how well
are you tracking and measuring their experience and satisfaction? And, more
importantly, what are you doing to improve it?
Many of the more than 13,000
responses included comments observing that tracking and surveys were just lip
service or pointless because nothing ever changed. Yikes. Nobody likes to give
feedback and feel ignored.
For HR to step into the
future, all of this needs to change. And here’s why:
1. Society is
judging. The rise of the social enterprise means companies are
increasingly being measured by how they operate and the way they show up in the
communities where they work and live. Measures of success by investors,
workers, and customers are no longer limited to financial performance or best
prices, but importantly also by how enterprises treat their workforce and the
impact they have in bettering society (or not).
2. People are
talking. Who’s doing the judging? Individuals, fueled by the ability to
express their opinions via near-constant likes, clicks, shares, comments, and
reviews. Online rating and review sites make what used to be confined within an
organization’s four walls public knowledge. Individual voices are amplified
through social media—the voices of workers, customers, and people with opinions
generally. This transparency and near-constant, real-time feedback means
workforce experience and people practices have become as important as those for
customers.
3. The world is
responding. Developing, enhancing, and sustaining a brand reputation as a
“Simply Irresistible OrganizationTM” and an outstanding place to work, with a
positive culture and workforce experience, has an impact on the balance sheet.
Companies doing it right are typically seen more favorably and attract top
talent, who can do great work and better serve customers, leading to stronger
customer loyalty and a healthier bottom line.
What does this mean for
the Future of HR? A renewed focus on workforce experience and
satisfaction.
If the social and reputational
aspects aren’t enough, add in the business reasons to focus on workforce
experience and satisfaction. For one, leaders recognize that it’s important:
nearly 80 percent of surveyed business executives rate workforce experience as
important or very important. This could be because the potential benefits are
so strong: enterprises with a top-quartile workforce experience are achieving
twice the innovation and double the customer satisfaction (measured by NPS
scores) and produce 25 percent increased profits than enterprises in the bottom
quartile.
So, what are enterprises doing
to accomplish this?
First and foremost, they are
studying, understanding, and sensing what’s happening with their workforce to
learn what its needs are. Regular measurement is essential—and not in the form
of a transactional chore like a lengthy survey, but in a way that lets them get
metrics in real-time so they can make adjustments and create a more cohesive
experience quickly.
Enterprises are also making
sure they communicate, so the workforce knows these pulse checks are happening,
understands the hows and whys of what they’re measuring, and is empowered to
share honest, authentic feedback. Your workforce needs to know not only that
their voice is valued—but also that it is being heard.
Of course, as our Twitter
survey comments were quick to point out, measurement without action tends to
have a negative impact. So, how can HR navigate the right route to the future?
1. Discover… Knowledge is
power. Study and listen to your workforce segments to understand their unique
needs, values, and behaviors.
2. Empathize… Appreciate
worker experiences—identify the Moments that Matter in their journeys to learn
what motivates or discourages.
3. Co-Create… Access workers
who are closest to the experience, ideate, and co-design solutions with them.
4. Iterate… Pilot, test,
integrate, and measure. In other words: act—measure—act.
In the Future of HR,
everything is a work in progress—fail early, fail fast, measure, and adopt and
scale what works. Do this with the influence of workforce, customer, and
societal insights, and you’re navigating to the Future of HR.
_Author - Arthur Mazor