
The future of any leading company or aspiring to be in the top level companies are tied to the hands of its employees. As the famous Richard Branson’s quote goes
“Clients do not come first, employees come first, if you take care of your employees, they will take care of your clients”
The success of any business is shaped by the involvement and the approach an employee provides towards the organization, through innovation and up-gradation of ideas on the development of business help the industry. Employees who empower those ideas are the sole reason to create a successive impact.
In the recent times, Industries and organizations have improvised the way they invite their employees to perform their tasks but the reason behind why an employee is excited towards their job and the reason behind their absence has raised a question among the human resources.
Experience as they all say, Human resources has been the acting source that connects employees and organization, have predicted that the highest level of engagement producing factors have increased the productivity of the company from 15 percent to a 30 percent and It also predicts those engagement producing factors have produced a solid 18 percent revenue per employee
X+O Data factor:
With the help of HR operation data, which is called the 0-data, extracted from the human capital management systems, every organization understands the way the workforce happens. For example the data’s of an employee’s promotion percentage, the number of new employees and the employees leaving, etc.
But the employee’s relationship with the company is still unknown with this data hence Qualtrics the leader in experience management have come hand in hand to help measure the data of workforce like the individuals beliefs on the environments, their process of understanding towards the job and so on. This data is called the X-data.
Understanding and combining the X and O data have helped the organization evolve in the workforce by analyzing the employee’s journey from start to ends like performance reviews, role changes, and work travel, work anniversaries, parental leave return, and unexpected life expenses. This can help the organization by helping their employees make easier decisions by providing simpler solutions, this, on the other hand, creates improved results in the business
Experience the Thrive XM:
To provide the ultimate employee experience Thrive global, Qualtrics and SAP have announced their new Thrive XM index, its prime role is to produce a meaningful people experience for strong business performance results among the world’s leading companies. This tool is a combination of proprietary methodology, employee feedback, and HR expertise and this will allow organizations to provide a combined result of HR metrics, X+O data and experience metrics.
This combination of evolvement will deliver feedback from employees eventually which will result in the sustainable growth and success of the company. As the tool comes profitable with multiple features this combination is predicted to be a successive launch.
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