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What makes you happy at work? Numerous surveys have quoted that happy employees are those who find purpose, growth, and appreciation at their workplace. Building a workplace with positive, motivating experiences will not just make your employees connect with the bigger picture but also impacts your bottom line.
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Employee experience is the culmination of all of the interactions and experiences that workers have during their entire tenure with an organization—from their initial interactions with the organization to their exit, and beyond.
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In the past decade, design thinking has been successfully applied by many global organizations like Airbnb, Apple, and Google. Design Thinking allows teams to reframe problems, empathize, and shifts the focus on what is important for the people you are serving.
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Things have sped up in the workplace. This is due to a range of issues such as the raging war for talent, the quest for better business performance, and the kind of technological advancements that change the way we do business, often to a disruptive extent.
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Among business leaders, a kind of herd mentality has existed around employee engagement rates for the last decade. According to a 2017 study by Maritz Motivation Solutions, 78% of companies have a documented employee engagement strategy.
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For most organizations, employee engagement is seen as a top priority, yet worldwide, 87 percent of employees are still not engaged, according to Gallup’s State of the Global Workplace Report.
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In the experience economy, companies need to invest in and deliver great employee experiences to achieve better business results and outperform their competition. With the impact that employee experience can have on engagement, retention, and the bottom line, it has become a strategic priority for HR leaders.
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Did you know that a good employee experience affects the productivity and profitability of your company? In fact, productivity is not the only thing affected by it. Retention, engagement, revenue, work culture, and many other things are affected by the employee experience too!
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Just as we collectively might feel that we’ve seen the arrival of the digital revolution, more change is forthcoming – at a faster rate and with more impact. More than ever, new technologies are shaping how we live, work, communicate and collaborate.
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