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Building the Best Team within Lloyds Banking Group

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Presentation on theme: "Building the Best Team within Lloyds Banking Group"— Presentation transcript:

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2 Building the Best Team within Lloyds Banking Group
EngageEmployee Webinar 16 June 2015 IBM Big Data & Analytics © 2013 IBM Corporation

3 Welcome David Littlechild Lloyds Banking Group Nick Hayter IBM
Steve Hurst Engage Business Media

4 Structure for today David Littlechild: Approach to colleague surveys
Using surveys to drive behavioural change Nick Hayter: Recent trends and innovations in engagement surveys

5 Financial Services: An external perspective
EXTERNAL ENVIRONMENT Customer behaviours are changing. Digital technology is transforming our world. Competition is stronger than ever. The regulatory landscape is complex and continues to change. A CHANGING WORKPLACE By 2020, 5 generations will be working together for the first time. What people want from their place of work is changing. Consumerisation (digitisation) of the workplace is providing colleagues with greater choice about the way they work.

6 Consulting: Recent trends
What we hear from our partners Employees today are demanding more transparency and honesty Mobile use among employees continues to rise Yearly surveys are not enough with a shift to engage in regular dialogue Shift in being more agile and driving change on a more constant basis HR professionals shifting to a strategic advisor to the business Organizations are investing in Big Data and analytics to be data-driven

7 Lloyds Banking Group Our Purpose is to Help Britain Prosper
Delivered through our vision Supported by 3 Group Values

8 High Performance Engagement Model
Engagement alone is not enough to ensure performance; to energise colleagues, we must create the right environment for them to reach their full potential. Drivers of Employee Engagement X Individual / Team performance Collaboration Colleague Advocacy Customer Satisfaction & Loyalty Business Performance Employee Engagement Predicts employee commitment and discretionary effort Performance Excellence Identifies enablers or barriers to high performance Strong leader and line manager capability Continued focus on Performance enablement Source: IBM High Performance Engagement Model

9 Developing our survey strategy
2012 H1 2014 2011 2013 H2 2014 Transition to IBM Kenexa Introducing the approach; new tools, processes and data reports. Embedding the approach Building continuity; securing buy-in and senior leadership ownership. Maintaining momentum Acting on results; using Pulse Survey to track key indices. Culture and Engagement “BB4C” & “BtBT” aligned to best bank for customers strategy. Driving High Performance Transformational approach - more than ‘just a survey’.

10 Driving behavioural change
Understanding your results Sharing results with your team Reflect and Act 1 2 3

11 Effective Action Planning
Using resources available via the Survey Portal to strengthen action planning Survey results indicate what employees are thinking WHAT Feedback meetings clarify why colleagues feel the way they do WHY Use these insights to determine how you are going to implement changes HOW Regularly review activities and promote and celebrate success REVIEW Feedback Meeting Agenda Priority Item Analysis Action Planning

12 What continuous conversation might look like
2018 2017 Q1: Annual Survey Evolve and augment LISTEN ANALYZE ACT Poll (as needed) Pulse 1 Conversation in Preview Purpose and design Understand climate Q1: Annual Survey LISTEN ANALYZE ACT Poll Short, ad-hoc Consider targeted samples Pulse 1 Deep dive on priority areas Poll (as needed) Pulse 2 Deep dive plus progress check Poll (as needed) Pulse 3 Employee driven; unique items Conversation in Review Summary of insights Discussed with Executives

13 Remember that a conversation is not just about listening
Talent Insights: Employee Voice:

14 Analyze and Act Segmentation Analysis Prediction and recommendations

15 Thank you

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