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Few would dispute that the world in which we live and work is changing at an extraordinary pace. In this dynamic landscape, business executives face immense pressure to not only survive – but thrive. In other words, they have to keep up with the pace while bumping up profits.
Continuous innovation is a strategy we hear trumpeted again and again as the key to edging out competition and driving growth. It’s no surprise then that agile principles, are no longer exclusively used by software teams. They’re also being increasingly adopted outside of the software industry to speed up product and service innovation.
Agile employee engagement
Recently, a growing number of companies have been testing out agile principles in a less expected – but highly impactful – way: employee engagement. No longer considered a “soft issue,” there is hard evidence pointing to the connection between happy employees, customer satisfaction and even profits. In fact, one recent study showed that 79% of companies with highly engaged employees are ranked as having customer experiences that are highly superior to those of their competitors.Agile in action
It’s clear that employee engagement can be a very real source of competitive advantage. But can agile really be applied to the workforce as effectively as the software industry has applied them to products? For companies that have tried it, the answer is a resounding “yes.” Just look at BBVA. After finding success implementing agile scrum units in customer solutions and engineering, the financial services organization decided to take the strategy company-wide. This included BBVA’s HR and talent group, which was responsible in large part for employee engagement initiatives. BBVA shook up its traditional hierarchical teams, which included giving end-to-end autonomy to an Employee Experience group. By concentrating related processes in one group, it was able to not only implement more initiatives more quickly, but also to link activities to specific KPIs. The company is well on its way to continuous and measurable improvement of employee experience. In the case of BBVA, the company is proactively nurturing the connection between employee engagement and increased performance. By using agile principles to boost employee satisfaction, the company is simultaneously encouraging greater productivity and more agile internal mindsets. https://www.bbva.com/en/opinion/hr-goes-agile-case-study-bbva/An employee survey is not an engagement program
SHRM recently reported that while “annual reviews are time-consuming…and often focus on goals that are outdated or irrelevant… continuous feedback solutions improve collaboration, coaching, decision-making…skills acquisition, employee engagement, and retention.” In other words, the annual employee survey – that long-time business staple – is no longer enough. Achieving real results requires an agile approach. The reason agile seem to be so effective is that, compared to the traditional annual survey which focuses on measuring certain perceptions at a moment-in-time (and then, too often, is forgotten until the following year), agile programs create opportunity for real-time actionable improvement.“Metrics on their own don’t drive change or increase performance.”– Gallup, The Worldwide Employee Engagement Crisis