What is your WorkiQ?

Post on 01-Dec-2014

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Every company has a WorkiQ, however, most companies don't have good reporting tools to help calculate and improve it. This presentation introduces the benefits of finding and improving your company's WorkiQ.

Transcript of What is your WorkiQ?

WHAT IS

YOUR

?

Real-Time Workforce Analysis

67% of the highest performance scores go to employees not rated as “Top Performers.” - CEB 2012

MANAGERS

I have limited visibility into my team’s performance

I need controls to quickly adjust to market conditions

I need to meet my performance goals

DIRECTORS ASSOCIATES

SMARTER MANAGERS

SMARTER DIRECTORS

SMARTER ASSOCIATES

Has real-time insight to what all associates are achieving and how they are spending

their time

Has data to know exactly what they need to improve and real-time feedback to help achieve

their goals

Has real-time and historical data to get concrete

answers needed to make performance improvements

Before getting a real view into the data, managers were asked to rank staff based on subjective conversations and self reporting. As a result of analyzing the actual data, we found the top 5 and bottom 5 were incorrect.

Director of Strategic Operations Large US Healthcare Payer

American workers waste an average of 2.09 hours per 8 hour workday…

I know my people are busy…

…but what exactly are they doing?

I know my people are busy…

How much time is spent in productive vs. non-productive applications and websites?

I know my people are busy…

Who are my most productive employees and how do you bring everyone to the same level?

I know my people are busy…

How many productive hours do you get by individual and by team?

Measure in Real-Time

•  “True” employee productivity

by complexity and work mix

•  Associate comparison

•  True measurement of office,

remote and outsourced work

•  FTE utilization

Manage in Real-Time

•  Decisions based on facts

•  Understand and eliminate bottlenecks

•  Measure and monitor to ensure

productivity improvement

•  Real-time data for “in the moment” coaching.

Improve in Real-Time

•  Spot and reward productive behavior through individualized reporting

•  Peer comparisons challenge associate to challenge themselves

Companies with “Highly Engaged” employees outperform other companies by 23% Gallup 2013

20 %  

RECAPTURE OF WASTED TIME

What it means for you... •  Gain efficiency of time,

money and resources

•  Build a culture of accountability

•  Find your next superstars and build a team around them

•  Typical 90 day payback

We have been seeing a great impact in the production time which resulted in more claim production, our productive time improved by 8.93% from the time we implemented WorkiQ and our claims production volume increased by 15% for the same period of time. Thank you so much for introducing such a great product.

AVP - Claims Operations Large Healthcare

Learn More www.workiq.com