Passion and engagement equals increased profits

I have highlighted previously the importance of employee engagement and meaning.  A new study by Philadelphia-based consultants PeopleMetrics, supports the previous posts, highlighting the importance of engagement and meaning in driving corporate profits. The study surveyed more than 5,095 workers, across the United States and found that Fortune 500 companies in the lowest quartile in company profitability had 50% fewer engaged employees compared to those in the top quartile. The research found…

“…that creating emotional connections to employees is what truly matters because this is where organizations can dramatically boost employee productivity and business outcomes….. Building an emotional bond with employees, … requires organizations to create a ’sense of meaning and purpose’ among employees by connecting them to the ‘higher vision and purpose’ of the organization…. Equally, organizations need to build trust and confidence through regular dialogue with managers and senior leadership as well as celebrating successes, having fun and showing individual appreciation.”

How engaged are people in your team? Engagement is the real measure of effective leadership…….. How do you measure up?

Technorati:Research, Engagement, Meaning, Leadership, Management, Passion

Related posts:

1. How employee engagement affects your organisation…
2. Managment Plays a Crucial Role in Employee Engagement
3. Clarity the key to employee engagement
4. The ten C’s of employee engagement
5. Defining Employee Engagement

Tagged as: Engagement, Meaning, Passion