Many businesses are predominantly focussed on the commercial aspect of their business, but employee focus is equally important - to drive engagement and performance.
Perhaps this explains why UK labour productivity has been stagnant since the 2008/09 recession, and why businesses need to incorporate employee engagement and HR transformational activities into their business strategy.
Organisations need HR and employee engagement to be represented at Board-level, according to BMW’s Chief Financial Officer. Speaking to HR Grapevine, Talita Ferreira says: “The Board really needs to drive HR, culture change and employee engagement.” She draws particular attention to the latter: “Employee engagement is sometimes seen as this tiny thing, but there are studies across all sectors that show what it adds to the bottom line. And for me, HR is the place where you drive the engagement of employees to actually support the strategy and sustain the longevity of the organisation.”