Innovation in Employee Engagement
Among other great articles, the winter 2007 edition of Fast Thinking magazine highlights the ‘8 Factor’ model for effective employee engagement, created by strategic futurist Marcus Barber. Using the model he shows how organisations can develop greater flexibility when it comes to providing incentives as a means for improving productivity and ensuring longevity for staff. Check out www.FastThinking.com.au where you can download a copy of the article and then make sure you subscribe to this excellent Innovation magazine.
Depending on the organisation type (for profit; not for profit; government) there will typically be a single dominant approach to how an organisation offers ‘incentives’ to its staff. These incentives can be summarised as ‘more cash’; ‘more time’; ‘more stuff’ and ‘more people’ and by and large, the single dominant approach will be used as ‘de rigeur’ regardless of the actual needs of the various employees.
This ‘one size fits all’ approach is a highly limited way to engage your employees. What it means is that you might be spending more cash on staff salaries than you need to, not appreciating the perceived lack of value that ‘time off in lieu’ creates, offering training programs where they are of little interest, or giving ‘bonus gifts’ that are both unwanted and of little use to the employee.
The end result is a staff engagement and incentive scheme that does NOT deliver the result you expect from it – a more productive, engaged, content workforce that can produce greater results. Significantly if your business is faced with potential skilled staff shortages a mismatch might lead to an unexpected departure by employees for ‘greener pastures’ more attuned to their actual desires.
For more information on the ‘8 Factor’ model, feel free to contact us via email here or pick up the latest copy of Fast Thinking magazine
I’ll be talking with Vicki Kerrigan again this afternoon, this time discussing robotics as in-home carers. I’m due on at about 4.45pm Darwin time which is around 5.15pm on the eastern seaboard. You can listen to the audio stream via the link below http://www.abc.net.au/darwin/programs/webcam_radio.htm?ref=listenlive If all things go well, I’ll record the session and…
Read More >I recently attended a session with South East Business Networks where the CEO of Siemens Australasia provided some great ideas as to where Australian Manufacturing was headed and could go, and indeed perhaps needed to go. What I found most useful from Allan Goller’s perspective was the encouragement for businesses to just get on with…
Read More >In this very brief chat with Vicki Kerrigan on ABC Darwin, we kick off the discussion of the future of clothing – not the ‘style’ elements but the functional elements like capturing perspiration to convert for water. You can listen to the audio via the link available here – cue it up about a…
Read More >Marcus Barber will present the case study of his work with Central Highlands Water and their use of Scenarios for Strategy setting at World Water Week in Stockholm this Thursday. You can follow the twitter feed via #watermanagement, #rightfuture or #wwweek This case study looks at the flaws in a reliance on forecasting as the…
Read More >A quick note for the history buffs among us – in this month of August fifty years ago, the first components of the Berlin Wall were constructed with rings of barbed wire severing Berlin into visually distinct west and east Berlin. Russia’s main challenge at that time was the 10,000 or so East Germans each…
Read More >Let me start by saying that my Masters of Science qualification is NOT held in economics and with that said I’m holding an interested person’s perspective toward wanting to know ‘why’ and ‘how’. I have some questions and thoughts about the theory of Supply and Demand and would be happy to have some feedback from…
Read More >Below you’ll find this afternoon’s discussion with ABC Darwin radio in which host Vicki Kerrigan chats with futurist Marcus Barber about the emerging research into lab grown meat as a potential addition to or replacement of, existing livestock farming methods. The program streamed live on 105.7 ABC Darwin this afternoon, discussing the University of…
Read More >Continuing the futures discussions on ABC Darwin Radio, this time with Paul Dale who is filling in for Vicki Kerrigan whilst Vicki is handling the breakfast time slot, we discuss some of the conference sessions at the World Futures Conference here in Vancouver You can listen to the audio stream here and cue this…
Read More >My slides from today’s presentation on ‘Getting You Future Right’ can be found at the link below To those at the session, my apologies for the technical challenges and hope these slides can provide more context for you – contact me if you have any questions. Access the Slides Here
Read More >Here’s the upload of my conversation with Vicki Kerrigan at ABC Radio Darwin. In it I offer the first three of ten steps designed to help you get your future right. In last week’s session I left Vicki with a question to ponder: Is my life headed where I want it to go, and if…
Read More >