29 november 2014. In our previous post, we looked at Gallup’s research study “State of the Global Workplace: Employee Engagement Insights for Business Leaders Worldwide” to discuss how ideas social networks can improve employee engagement, producing more productivity and potential for innovation.
Based on our experience–with the implementation of 30 ideas4all Innovation Agora, 18 of which are employee innovation communities in companies–we have seen that ideas social networks for employees produce innovative ideas that drive innovation in companies, but also a number of benefits from the a perspective.
– Self-training and inspiration: users learn from ideas and comments shared by others, and are inspired by the ideas contributed by other users. The probabilities of building on some else’s idea and co-creating ideas increases.
– Detecting talent: when there are networks for employees or associates, users have the opportunity to display their talent. This allows the company to identify talent internally that would otherwise go unnoticed.
– Brand identification and engagement: both employees and clients or consumers who participate in these networks increase their identification with the firm or commercial brand responsible for the community and think: “they want my ideas”; “they want me to think”. Employees who participate in innovation communities feel far more engaged in their work than employees who don’t have this opportunity.
– Better work environment: According to research, employee networks with innovation communities improve the company’s work environment.
– Personal brand and 2.0 leadership and learning: Users of these ideas platforms, which are extremely user-friendly, have the opportunity to create their own personal brand, and start 2.0 leadership and learning.
– Cost saving: The community does part of the job with its comments and votes; it auto-regulates. Compared to suggestion boxes, less staff is needed to manage a social network.
With all this in mind, we can draw the following conclusions:
– The level of employee engagement in work is low in all Western economies.
– The lack of employee engagement in work produces an enormous economic loss in all countries, and significant deficiencies in terms of productivity, benefits and client valuation.
– Increasing employee engagement directly drives the company’s ability to innovate.
– Ideas Social Networks create employee innovation communities in companies that connect talent, increase engagement and drive innovation and the digital transformation in companies.
You can read the first part of this post here.