Simply stated, innovation is the cornerstone of growth. In a competitive economy, the ability to create and manage innovation directly correlates with a company’s longevity. Just look at Blockbuster compared to Netflix!
I've never met someone who didn't want to make their company as efficient as possible. The Deloitte Innovation Survey found that 96% of respondents state that innovation is one of their top 5 strategic priorities. However, due to the overstimulating society we live in, it can be puzzling to know where to start. We've found the key to optimizing your workforce is to engage and retain your employees through innovative strategies. People are company's most important asset so let's start there.
Engage
Employee engagement skyrockets when new ideas are implemented to increase the quality of employee's lives. For example, competitive pay, robust benefits, focus groups, pulse surveys, stay interviews, employee recognition programs, and more!
At, Impact Workforce Solutions, we've stayed competitive by modernizing our workforce model. It provides an opportunity for temporary employees to gain access to full-time employment through our Core2 program and the employees couldn't be happier.
Retain
It is vital to innovate in order to retain talented employees. You've recruited, hired, onboarded and trained but what happens next? Retain.
The employment paradigm is constantly shifting and companies are striving to stay relevant. Take a look at Google, who is requiring their vendors to provide full benefits including, comprehensive health care, paid parental leave and a $15 minimum wage by 2022 due to hourly and contract employees demanding better treatment. They are innovating to retain their employees by placing importance on their quality of life. The employees spoke, and they listened.
To evolve is to succeed. Your organization may be focused on robotics, blockchain, artificial intelligence, sustainable energy, warehouse automation, virtual assistance, or autonomous driving. While you've been innovating your business, we've been focused on workforce solutions.
We're on a mission to partner with like-minded companies to advance the modern workforce; opening possibilities for future success.
"If you always do what you always did, you will always get what you always got." -Albert Einstein
