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Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter Workforce Canada & Carribean

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Page 1: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

Engaging your talent

Benoit Hardy-Vallée, PhD.

Executive Advisor

IBM Smarter Workforce

Canada & Carribean

Page 2: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

1. Context

2. Employee Engagement

3. Engaging your talent

Page 3: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

The world has changed “The customer is now at the

heart of the boardroom” IBM c-suite study, 2013

“The individual-centred economy is already here”

IBM Digital Reinvention paper, 2014

“Digital revolution will affect every stage of the customer lifecycle and

every aspect of your business” Forrester, 2014

Page 4: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

of Fortune 1000 companies in

2004

do not exist today Gartner 2014

Page 5: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

Key influencers on enterprise vision and strategy

55%

44%

26%

25%

23%

Board of Directors

Corporate strategy function

Non-executive senior leadership

Key external business partners

Parent company

53%

78%

Customers

C-Suite

CEOs say customers come second only to the C-suite in

terms of strategic influence

Page 6: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

©2015 IBM Corporation 20 November 20156

“The ‘Uber syndrome’ – where a

competitor with a completely

different business model enters

your industry and flattens you.”Judy Lemke, CIO, Schneider, United States

Page 7: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

©2015 IBM Corporation7

External forces impacting the enterprise (in 3 to 5 years)

For the first time, the entire C-suite selected technology as the main game changer

Technology

factors

Market

factors

Regulatory

concerns

Macro-

economic

factors

People skills Socio-

economic

factors

Globalization Geopolitical

factors

Environmental

issues

72% 71%

55%

51%

48%

34%

31% 31%

27%

Page 8: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

Humans will remain in charge

Humans must work together to set collective goals

Only humans can satisfy deep interpersonal

needs

Page 9: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

ENGAGEMENTENGAGEMENT

Page 10: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

PostSecret, January 18, 2014

Page 11: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

11

PRIDE

SATISFACTION

COMMITMENT

ADVOCACY

Page 12: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

Status

Certainty

Autonomy

Relatedness

Fairness

Minimize danger and

maximize reward

Page 13: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

Drivers of engagement

Page 14: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

Future Vision

Confidence in the future of the company and the direction in which it is heading

Page 15: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

Leaders need to answer these

questions for their employees:

Where are we going?

Why is it important?

How does it involve me?

Page 16: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

Trust

Faith in the competence and ethics/character of

those making major decisions on behalf of the

organization

Sir Trevor McDonald

Page 17: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

Whom do we trust?

Most Trusted Professions:

1. Nurses

2. Pharmacists

3. Medical doctors

4. Engineers

5. Dentists

6. Police Officers

7. College Teachers

8. Clergy

9. Psychiatrists

10. Chiropractors

Least Trusted Professions :

1. Car Salespeople

2. Members of Congress

3. Advertising Executives

4. Stockbrokers

5. HMO Managers

6. Senators

7. Insurance Salespeople

8. Lawyers

9. State Governors

10. Business Executives

Trust requires benevolence and integrity US Poll, 2013

Page 18: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

The trustworthy leader

trusted leaders exemplify

(in this order):

Integrity

benevolence

competence

Source: (2011Trust Matters. New Links To Employee Retention And Well-being. IBM High Performance Institute,

41% 34

%

25%

Relative importance

to trust in leadership

Page 19: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

Communication

Overall openness of the communication environment and effectiveness of both upward

and downward communication.

Page 20: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

Openness

No unnecessary secrets

A willingness to honestly share the relevant information

that can be shared

‘Sometimes I hear information about the project from

the media before I hear about it internally.” - Employee comments, engagement survey

Page 21: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

4 examples from our clients

• An all store meeting each quarter where open and honest

communications were shared.

• A mandatory requirement that each manager holds a one-on-one

meeting with each of their employees every two weeks

• Each of SVPs and above to visit at least three stores per quarter

where they would speak to a large group of employees and make a

personal connection with individual employees

• In a corporate headquarters all VPs were advised to take at least 5

minutes each day talking to an employee and making a personal

connection

Page 22: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

Growth & Development

Page 23: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

Developmental styles

TRAINING

Trainer is a subject matter

expert who imparts skills

and knowledge by

following an agreed

training plan.

Learning is focused on

developing new skills or

knowledge.

MENTORING

Mentor has ‘trodden the

path’ the learner wants to

follow. They share

insights and experience as

a sounding board.

Learning is focused on

long-term personal and

career goals.

COACHING

Coach is a catalyst

enabling the learner to

discover their solutions by

attentive listening and

powerful questions.

Learning is focused on

unlocking potential in

current/future roles.

DIRECTIVE NON-DIRECTIVE

Page 24: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

RecognitionFeeling valued by the

company and

receiving appropriate

recognition and

rewards for doing a

good job.

Page 25: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

What if every manager in your company could

answer three questions about each one of their

direct reports?

• What do you do that you would most like to receive

recognition for?

• Who would you most like to receive recognition from?

• And, when you do good, who would you most like to

know it?

Page 26: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

Belonging, Inclusion, Teamwork

Page 27: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

27

Customer activation

Quality

Skills

Collaboration

Performance

Enablement

Page 28: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

28

• Senior leadership is committed to providing high-quality products/ services to our

clients.

• Where I work, we set clear performance standards for product/service quality.

• Client problems are dealt with quickly.

• We regularly use client and other feedback to improve our processes.

• Where I work, colleagues are getting the training and development needed to

keep up with client demands.

• The people I work with cooperate to get the job done.

• I am appropriately involved in decisions that affect my work.

Page 29: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

© 2014 IBM Corporation‹#›

Impact of increasing engagement and performance enablement by .25:

Translating Performance Enablement & Employee

Engagement to Business Results

0.720.34 0.54

1.19

2.04

0.710.64

1.63

Customer Service Diluted Earnings Per Share Return On Assets Three-Year Total ShareholderReturn

Employee Engagement Performance Enablement

$1.051.18%

2.82%2.76 pts

Page 30: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

20%

30%

40%

50%

60%

70%

80%

90%

100%

30% 40% 50% 60% 70% 80% 90% 100%

Perf

orm

an

ce E

nab

lem

en

t

Employee Engagement

Overall

XYZ Location

IBM Norm

IBM

Norm

Industry Norm

Ind

ustry

Norm

High-performing

- Customer centric

- Continuous improvement

Learn from them

Great Work Environment

- Lack of structure

- Efficiency gaps

Improve processes

Process-driven

- Focus is on compliance

- Retention, motivation gaps

Engage employees

Bureaucratic

- Dysfunctional

- Efficiency & motivation gaps

Remedial activities

St-Kitts Location

Migrate to a high performing organization

Page 31: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

31

Your employees want to work like they live

Employee-activated

enterprise

Page 32: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

Millennials and most older employees want…

Career goals and expectations

Leadership style and recognition

Use of digital technologies

Decision making

Job satisfaction

1

2

3

4

5

To make a positive impact and feel inspired and informed

To be treated ethically and fairly, and valued for

their contribution to the team’s success

To maximize their digital acuity, but also balance virtual

interactions with in-person engagement

To collaborate with colleagues and others so

the best ideas can surface and flourish

To receive competitive compensation and work

in a creative, innovative environment

Page 33: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

While there is little difference in voice across generations, there is a slight difference in the belief that action will be taken

Millennials are just as willing to express voice as

Gen Xers and Baby Boomers

84% 83% 83%

Voice

Baby Boomers MillennialsGeneration X

% Agree and Strongly Agree

Boomers are slightly less confident action will be

taken as a results of listening

62% 71% 78%

Action

Baby Boomers MillennialsGeneration X

% Agree and Strongly Agree

Page 34: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

1. Engagement helps navigating changes

34

2. Engagement is everybody’s job

3. Engagement is human nature

Page 35: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

“What we all want is to be valued

members of a winning team on an

inspiring mission”

- Graham Weston, CEO, Rackspace

Page 36: Engaging your talent - Caribbean Association of Banks Inc. - Engaging Your Talent, Benoit Hardy... · Engaging your talent Benoit Hardy-Vallée, PhD. Executive Advisor IBM Smarter

Thank you!

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@bhv

[email protected]