HXM and HR metrics: Measuring motivation and its power to improve business
HR metrics and HXM solutions help measure how motivated employees are, and estimate the business impact of a motivated workforce.
The need to build a better corporate culture is something HR leaders have discussed since I first began my HR career. And many companies have taken baby steps to prioritize the needs of their workers and improve employee experience.
Unfortunately, not every initiative did much to improve the employee experience (EX). I’m looking at you, ping pong tables, casual-dress Fridays, and break room cashew dispensers.
Maybe things are beginning to change. Pushed by the disruption caused by COVID-19 and backed by some solid data, HR finally has a quantifiable reason to create a better environment for workers: companies that create a great EX tend to also deliver a superior customer experience (CX).
This link between the employee experience and CX really shouldn’t be surprising.
“To be able to give that ultimate world-class experience to your customers, you need to build it inside your organization,” says Enrique Rubio, founder and CEO of Hacking HR, a global learning community of HR leaders and practitioners. “We can’t give what we don’t have, right? But data shows that when your employees are engaged, treated with dignity and respect, valued, and offered opportunities for growth within your organization, they embody those values and pass them onto your customers.”
HR metrics and HXM solutions help measure how motivated employees are, and estimate the business impact of a motivated workforce.
“We often do things in HR because it’s the way we’ve always done it, not necessarily because it’s the right way to do things now,” says Lars Schmidt, founder and principal of Amplify. “It’s time for HR professionals to understand the priorities of their organization and design a people strategy that aligns with them.”
These were just a few of the fascinating topics recently discussed as part of our LinkedIn Live series, The Rise of HXM. On the season finale of our series, I was thrilled to explore the connection between EX and CX with my cohost Lars Schmidt and our special guest Enrique Rubio. (You can watch this week’s replay here.)
But how can we connect the dots between doing the right thing for employees and delivering a positive return on investment for the business? Rubio listed three key steps:
This exercise can be enlightening. “You may find that some processes aren’t really contributing to the organization’s success,” he continues. “Or you may discover that there are a few improvements that wouldn’t cost much to implement but would have an outsized contribution to achieving your goals.”
HR can bring the acumen to merge these elements. “Being able to understand the business priorities of the organization, designing a people strategy that aligns to that, connecting it to the data, and developing those layers of insight and understanding, that’s the magic,” says Schmidt. “That’s how HR can actually drive influence.”
Human experience management (HXM) technologies can help HR teams better understand employees holistically and deliver an improved EX. “The next frontier for HR professionals is to think of employees in their entirety, in their own humanity,” says Rubio. “We need to provide growth and learning opportunities but at the same time be flexible because of what they’re going through outside of work. That creates interesting opportunities and challenges.”
Workplace trends driving HR include a focus on the employee experience, humanizing the workplace, and investing in HR.
Not all companies have risen to the challenge yet. “A friend who works for a big company told me he’s had to report to the office every day since the pandemic began,” Rubio recalls. “So stressful. And in one year, no one from HR ever reached out to this employee to ask how he was handling this.”
The mental health of our people must be a priority to HR. “And it doesn’t have to be complicated,” he adds. “It can start with something as simple as asking people what they’re going through, how they’re feeling, and what they need.”
This is where technology can play a role, too. Powerful employee-listening tools make it simple for organizations to perform routine pulse checks to understand how employees are doing. These tools can also provide front-line managers and HR leaders with actionable insights they can use to make improvements and close experience gaps.
And that’s what today’s workers expect from employers – the recognition that they are people with real needs and requirements. HR’s role is to find ways to meet those needs, so employees can do their best for the business every day.
“If you treat your people with dignity and respect and if you value them and provide growth opportunities, they will reflect that back in the way they treat your customers,” Rubio says. “But the flip side is also true. If you’re not providing any of these values, everyone else will feel it, too.”
Embracing HXM can help your business create the best possible experience – no matter where you sit in the organization – so your people can be productive, and your business can be profitable. You’ll get the tools to sustain your momentum and stay on track. And you’ll have what you need on your intelligent enterprise journey, so you can build an agile organization where everyone wins.