Most business owners aspire to achieve above-average financial and operational performance. But how many understand the financial impacts that the health of your organization can have on the bottom line? McKinsey, after a research on more than 800 organizations across the globe, figured out that companies with higher organizational health index generates three times higher total returns to shareholders (TRS) than their less healthier peers.
- Are the tactics implemented towards measuring and improving Organizational Health Index effective ?
- Do leaders understand correctly where to focus organizational efforts?
- Do managers understand the current employees mindsets and how to improve current engagement and performance?
Organizational Health Index score card is a very effective and reliable tool to address all of your challenges. It lets you measure the organizational health on various elements related to performance. Every element, like company’s mission, adaptability, consistency and involvement are measured through various multiple questions and then an integrated score-card is generated. The score-card also provides details on response rate, distribution factor and industry benchmarking for each of these individual elements of organizational health. This helps business owners understand, evaluate, analyze and improve their organization’s performance.
User-friendly dashboards allow you to closely track the performance and improvement of your organizational health on a weekly basis to figure out what is working and what is not. It empowers you to take preventive actions immediately, before it’s too late.
Recently, Gallup Survey Reports highlighted various key advantages from organizations with highly-engaged employees and discovered:
- 37% less absenteeism
- 41% fewer product defects
- 21% higher productivity
- 22% higher profitability
Using the right tools, methodologies and strategies to measure employee engagement correctly and effectively can have a great impact on the health of your business. If you want to learn more about these tools, click below to register for Survey Analytics’ free webinar “Employee Engagement: Measure to Succeed,” on Thursday, March 5th.