Studies show that companies with highly engaged employees had an average three-year revenue growth 2.3 times greater than the norm.
On the other hand, disengaged workers had 37% higher absenteeism, 49% more accidents, and 60% more errors and defects. That translates into $450 to $550 billion per year in lost productivity in the US alone, according to Gallup.
As the ongoing technology revolution reshapes the workplace, employee engagement is not left behind. Organizations that employ technology based on the needs of their workforce succeed in having happier, more productive employees.
As a global hospitality leader, Accor personnel are mandated to apply all of their energy into spreading the most powerful promise in the hospitality profession, namely – to make guests: “Feel Welcome”
In an effort to further strengthen the company brand as well as elevate a customer’s experience to a new level while staying as a guest at one of their hotels, Accor needed an App that assisted their staff in creating pleasant and enhanced, lifetime memories.
“There are only three measurements that tell you nearly everything you need to know about your organization’s overall performance: employee engagement, customer satisfaction, and cash flow… It goes without saying that no company, small or large, can win over the long run without energized employees who believe in the mission and understand how to achieve it.”
Custom-made applications can solve existing problems and dramatically improve workplace morale, productivity and employee engagement.
Mobile and tablet applications are ideal solutions for fixing these problems within large organizations. A well-designed application can automate these tasks and keep everyone aligned.
But that’s just the tip of the iceberg. Other trends, like Artificial Intelligence (AI), Internet of Things (IoT), Virtual Reality (VR) and Gamification, are making their way into the workplace.
All of these technologies are closely interconnected and allow enterprises to tap into a source of limitless possibilities.
“Companies with engaged employees outperform those without by 202%.”
For example, by tracking and analyzing multiple aspects of an employee’s activity, companies can deliver personalized learning and development content.
Employees spend up to 30% of their time reading and responding to meaningless and irrelevant email communications. An AI-powered communication tool can understand what’s relevant to each employee and filter out the clutter.
Gamification and reward-based systems can make everyday tasks more fun, engaging and interesting, resulting in higher satisfaction and workplace engagement.