Employee Engagement ‘Killing’ Firms, Deloitte

According to the report, over 85 per cent of Human Resource Managers, Officers and Business leaders fail on the minimum threshold on employee engagement, which is critical to any business development and growth.

The report shows that a majority of organizations are still failing to take action to improve their culture, potentially jeopardizing future growth.

The survey that was conducted among more than 3,300 HR and business leaders in 106 countries shows that the number of HR and business leaders who cited engagement as being “very important” doubled from 26 percent last year to 50 percent this year.

Sixty percent of HR and business leaders surveyed said they do not have an adequate program to measure and improve engagement, indicating a lack of preparedness for addressing this issue.

LEADERSHIP SKILLS

Only 12 percent of HR and business leaders have a program in place to define and build a strong culture; while only 7 percent rated themselves as excellent at measuring, driving, and improving engagement and retention.

Leadership gaps issue jumped from 38 percent last year, to 50 percent this year and interestingly only 49 percent of C-level executives surveyed indicate that they are committed to developing leadership skills at all levels of the organization.

Deloitte report also shows that companies are struggling to decrease workplace stress, simplify business processes, and reduce complexity.

The Deloitte report reveals that three quarters (75 percent) of respondents cited talent analytics as an important issue, but research shows that it will take several years for businesses to develop and absorb talent analytics technology.

By Wangui Ngechu