Talent Engagement – What makes it happen
When people update their profile pictures, they wait with bated breath to see if anyone noticed. The first few likes have to come in quickly. If people have to choose between getting unflattering comments and no responses, they would take it on the chin but would wilt away if no one noticed that their profile photo had been changed. In the workplace it is a different story altogether. People put in their best, learn new things and think of clever things to say and do. More often than not the colleagues and worse still, their managers don’t notice. This is the talent engagement conundrum.
Organizations have to worry about three major talent challenges. How to woo talented people to come through the door so that they can be hired. Once they have been hired and assigned a task, the organization has to keep them from losing interest in the task and the organization. Keeping their talented people engaged is the second challenge. The last challenge is all about developing the people to maximize their potential and growing their talent. Of this, engaging people is the hardest. A manager had once told me, “Talent engagement is like being a stand-up comedian every day. You are never sure, which jokes will get the laughs.”
has been hired to do a job, shouldn’t they just do their job? While a lot of employees will do the bare minimum they need to do to keep their jobs going, there is a small percentage of employees who hit the ball out of the park. They file for patents, contribute more and are evangelists for the brand. According to Bain and Company, companies like Apple, Netflix, Google, and Dell are 40% more productive than the average company. That amounts to a disproportionate impact on the bottom line.
Are the successful companies able to hire stars who deliver more? Not really. 15% of an average company’s employees are stars. The proportion is barely a percent more in the successful companies. What the successful companies do differently is to deploy their top talent across the projects that have the highest impact on the bottom line. Knowing that the work we do makes a difference is a big high.
Teachers report very high levels of satisfaction and engagement because they believe that they are making a difference to the lives of students. People in helping professions echo the sentiment. Being able to do a job may make people successful, but making an impact makes a person feel valued. Knowing that one matters can be a great trigger.
Is engagement the cause or effect?
Does a higher level of engagement improve performance, or are high-performing employees more engaged? According to research although improved organizational financial and market performance follows high talent engagement, the reverse is also true. In fact, gains in financial and market performance tended to boost certain aspects of employee engagement more than the other way around. Employees who are part of a winning organization naturally tend to walk with a swagger and are more engaged.
Leaders matter – disproportionately so
Steve Ballmer spent $75 billion in R&D and acquisitions made over a decade but had very little to show for it. The same Microsoft is now regarded as one of the most innovative companies in 2017. The difference lies in the style of Satya Nadella. He described the change in mindset by saying, “The learn-it-all will always trump the know-it-all in the long run.”
Over the years I have looked at engagement surveys and learned from effective people managers what makes them so. Managers who are able to engage their team members often share a few behaviors:
- Tasks & relationships
Being ignored by the boss is likely to make an employee 15 times more actively disengaged than engaged says Gallup. Just knowing the projects, the team members are working on, makes the employee seven times more engaged. That does not mean micro-managing the team. Effective managers define the end results and let the team members choose the path that will get them there. Social media is getting many of us used to the dopamine high of constant affirmation and engagement. Effective managers are more like skilled community managers. They know the human being as well as their task portfolio.
- Inspirational & challenging goals
Working on goals that are challenging is a high. Sometimes the vision of the company can inspire employees. But on a day to day basis, employees need to have their larger goals broken down into goals that they have to deliver in the short term. Mountaineers are not just inspired by the goal of reaching the peak, they are equally excited about the journey and the hardships they have to endure.
- A coach who can prepare them for success
At the Beijing Olympics, the most impressive victory for Michael Phelps was the world record he set at the 200 metres butterfly event. As he dived in to the pool, moisture entered his goggles and blinded him. He could not see his competitors. Nor could he see the end of the pool and calculate how many strokes would get him there. A miscalculation could cause an injury. Most people would lose their nerve in such a situation. His coach had prepared Phelps for such an event and made him swim in the dark when he was training. It was that experience that told Phelps that he needed 21 strokes to complete the event. He did that and went on to win the gold and set a world record. That is what a great manager can do to prepare his team members for success.
An engaged employee is 44% more productive than a satisfied worker, but an employee who feels inspired at work is nearly 125% more productive than a satisfied one. We are moving to a phase when machines will use artificial intelligence to allocate tasks and follow up with team members. That routine and repetitive part of the manager’s task is going to go away. What may be left behind may be way harder – to engage them by inspiring them