If you answered "yes" to any of these questions, you may be experiencing the "silent epidemic": Employee Disengagement. Recent studies have shown that 60% of employees are considering changing jobs when the economy improves. In the meantime, they may be either acting out or checked out. We can help you to reengage your employees.
Everyone is attracted to big and dramatic ideas. The more novel they are or the more far-reaching their implications, the more we are drawn to them. It is not surprising that managers (like the CEO), when thinking about employee ideas, envision the home runs - the suggestions generating hundreds of thousands or even millions of dollars, or the breakthrough innovations that will propel their organizations to industry dominance. To them, the currency of managing ideas - that is, the unit to keep score with - is the big idea.
However, small ideas can also have big results.
An administrative assistant in a construction company became frustrated while trying to reconcile gasoline credit card receipts to customer statements. One day, during lunch, she noticed a trade magazine on a table. The cover article was about corporate fueling systems based on a single credit card that was valid at most gasoline stations. She realized that such a card could take care of most of the reconciliation work automatically. Her boss approved her idea, and once it was implemented, the time she and her colleagues spent reconciling fuel purchases dropped from a total of 20 hours per month to less than 2.
Summarized from the book "Ideas Are Free" by Alan G. Robinson & Dean M. Schroeder.
Suppose that these administrative assistants were earning $20 an hour. The resulting opportunity cost savings would be $360 per month, $3600 per year, $36,000 over ten years.
Suppose that 100 employees in your organization each submitted an idea that produced similar results. $360,000 per year, or $3,600,000 over ten years.
We can provide your managers with an effective process, tools and techniques that can help them achieve significant results.
But ... you may be wondering, "What does this program have to do with employee reengagement?". Employees receive encouragement and recognition for their ideas, they feel more valued, and they feel a stronger sense of connection with the company. One of the most common reasons that employees leave companies is their deteriorating relationship with their managers. This program also helps to reconnect employees with their managers and strengthen their relationships.
Please contact us for more information about the Small Ideas, Big Results program.