As talent wars intensify, companies no longer see investments in employee experience as just a cost item.
Many look at employee experience as a top priority that directly impacts their top line and bottom line. Strategic people experience initiatives by the world’s leading companies point to this shift in mindset.
In a post-pandemic world where people’s needs and priorities have changed, every company needs to realize that flexibility, purpose, the power to exercise choice, and the personalization of work to accommodate personal and professional goals matter to today’s workforce. Making these part of their work culture is critical for organizations to deliver seamless employee experiences and support employees in the moments that matter to them. It is also critical for organizations to strengthen their brand value and position themselves as ‘irresistible organizations’—or what a study published by TCS, in collaboration with the Josh Bersin Academy, describes as places that employees want to join and that rivals want to emulate. In people experience-driven organizations, we are seeing a trend of HR-led mass policies being replaced by a personalized approach centered around employee personas—one that empowers people to exercise their choices in career and life, roles, locations, work schedules, learning, and well-being.
There is no doubt that investing in the holistic platforms and solutions that help deliver great employee experiences makes good business sense. Several studies have indicated that happy employees lead to superior customer experiences, increased productivity, better talent attraction, and employee retention. In the long run, it leads to higher brand value, higher revenues, and greater growth. So, how can organizations create the right people experience?
We recommend a framework for a technology-led people experience transformation that cuts across all dimensions of work and workplace, and helps organizations become future-ready enterprises.
Our framework focuses on personalization, authenticity, responsiveness, transparency, and simplicity—value propositions that every HR function and organization needs to attract and retain employees.
The framework also identifies seven key areas that people-centric enterprises need to focus on to deliver on these value propositions and address the needs and aspirations of employees. These are: accessibility, connections, growth and development, simplified windows of engagement and collaboration, communications, intuitive intelligence, and well-being. As shown in figure 1, each key area is mapped to a corresponding subset of functions and capabilities that are needed to enable a sustainable people experience for the current and future needs of employees and organizations.
The framework aligns well with both current and emerging trends in reimagining people experience. While the framework shows the path organizations can take, we believe focusing on two sets of levers—people and technology-driven change—can accelerate this journey and ensure a successful transformation.
A reimagination of the people experience needs to be people-led as well as technology-driven.
A people-led reimagination requires the following:
Technology must assist employees throughout their work and be available when needed.
Technology plays a major role in a people experience transformation. A connected tech architecture can provide employees with the necessary tools, resources, and support they need to accomplish their goals. Depending on their needs, priorities, and appetite for change, organizations can choose from and leverage a variety of tools and technologies to elevate people experience. We believe enterprises embarking on a tech-driven people experience transformation need to focus on the following:
Organizations must evaluate solution options, technologies, and architecture for the functional and technical capabilities needed. Also, the focus should be on using technology to reduce friction but not at the cost of losing the human touch where it makes a difference. Technology should be used only where it makes sense to use it, maximizing digital dexterity while minimizing technology friction in consumer grade solutions.
There is no ‘one size fits all’ approach for a people experience transformation.
With the extent and nature of how a transformation can vary between organizations—some taking a big-bang approach while others opt for a more incremental approach—each transformation requires a unique strategy. However, by treating employees as ambassadors and empowering them with hyper-personalized policies, and tools and resources for flexible, purposeful work-life management, organizations can create meaningful employee experiences. This would deliver value for all—not just for employees, but for the organization, customers, and shareholders as well.
People experience transformation starts with a strategic leadership vision and involves a reimagination of the employee journey from human-centric perspectives. It entails defining blueprints encompassing the people, policy, process, functional and technology capabilities; identifying technologies and solutions to build the required capabilities or address gaps; and implementing a road map of initiatives. It calls for consulting and problem-solving to define and execute a people experience strategy; a design thinking-led reimagination and personalization of employee journeys; defining the technology architecture; solution mapping and implementation; and agile transformation management. An ecosystem of alliance partners is required as well, including providers of the best-in-class digital workplace and collaboration tools, talent intelligence, metaverse solutions, and next-gen learning platforms. Enterprises should factor in these things before embarking on their people experience transformation and choose trusted partners with relevant experience to accelerate the journey.