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The Future of Work: How to Leverage What We Know to Shape Where We Go

Jen Bunk
December 08, 2015

The Future of Work: How to Leverage What We Know to Shape Where We Go

Keynote delivered to the Villanova Human Resources Development Program on 12/8/2015.

Jen Bunk

December 08, 2015
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Transcript

  1. I’m Jen Bunk. Associate Professor of Psychology at West Chester

    University Founder of Jen Bunk Ventures jenbunk.com Creator of People Stack Academy PeopleStackAcademy.com @jbunky
  2. The changing nature of the performance review process 1 2

    (Over-)Focusing on employee engagement 3
  3. The changing nature of the performance review process 1 2

    (Over-)Focusing on employee engagement 3 Hybrid training programs (mixing online with face-to-face)
  4. How is it changing? ongoing dialogue real-time feedback setting realistic

    expectations coaching rating on diverse dimensions
  5. How is it changing? ongoing dialogue real-time feedback setting realistic

    expectations coaching rating on diverse dimensions ditching ratings (but not everyone)
  6. Organizations with higher levels of employee engagement… • 27% higher

    profits • 50% higher sales • 50% higher customer loyalty • 38% above-average productivity Source: business.com
  7. Gallup® State of American Workplace • Work units in the

    top 25% of engagement scores have significantly higher productivity, profitability, and customer ratings and less turnover, absenteeism, and accidents
  8. Gallup® State of American Workplace • Work units in the

    top 25% of engagement scores have significantly higher productivity, profitability, and customer ratings and less turnover, absenteeism, and accidents • Organizations with a greater ratio of engaged to actively disengaged employees experienced 147% higher earnings per share.
  9. Gallup® State of American Manager • Managers account for 70%

    of employee engagement • 35% of managers are engaged
  10. Gallup® State of American Manager • Managers account for 70%

    of employee engagement • 35% of managers are engaged • Managers that are not engaged cost the U.S. economy $319-$398 Billion annually
  11. Gallup® State of American Manager • Managers account for 70%

    of employee engagement • 35% of managers are engaged • Managers that are not engaged cost the U.S. economy $319-398 Billion annually • Employees with highly engaged managers are 59% more likely to be engaged
  12. Gallup® State of American Manager • Managers account for 70%

    of employee engagement • 35% of managers are engaged • Managers that are not engaged cost the U.S. economy $319-398 Billion annually • Employees with highly engaged managers are 59% more likely to be engaged • Employees of female managers outscore employees of male managers on 11 out of 12 engagement items.
  13. “Engaged workers…willingly go the extra mile, work with passion, and

    feel a profound connection to their company.” -Gallup
  14. “A positive, fulfilling, work-related state of mind that is characterized

    by vigor, dedication, and absorption.” -Schaufeli & Bakker
  15. “Engagement is defined in terms of the same three dimensions

    of burnout…whereby energy turns into exhaustion, involvement turns into cynicism, and efficacy turns into ineffectiveness” -Maslach & Leiter
  16. “Engaged employees are happy to keep working. But that doesn't

    always mean keeping them.” -Kieran Snyder (CEO of Textio)
  17. “It's how we identify winners. It's about ownership and investment

    in the company's best interests…they are efficient, empowered, and inspired." -E.Y. Snowden (CEO of RBM Technologies)
  18. • 25% training hours completed online • 16% self-paced online

    programs • “slight uptick in the use of online offerings” ATD, 2014
  19. • 3.7% increase in distance education students (all time low)

    • 70.8% of chief academic leaders report online learning is critical to long-term strategy (all time high) Babson, 2014