Podcast

32

min

January 24, 2024

Christian Højbo Møller

The Future of People & Culture: AI and Analytics

Listen now on

#TalentBuzz Episode Summary with Christian Højbo Møller from Zoios

Introduction and Shift in Workplace Metrics

  • Guest: Christian Højbo Møller
  • Company: Zoios
  • Topic: Shifting focus from employee engagement to well-being. Companies now prioritize mental health and happiness over traditional performance metrics.

Well-being Measurement Practices

  • Current Trends: Most companies conduct annual or biennial surveys. However, in tech and startup industries, quarterly engagement pulse surveys are more common.
  • Important Segments: Employee demographics, tenure, and department significantly impact well-being. Age and gender may not always be crucial unless tied to a specific DEI agenda.

Remote Work and Employee Onboarding

  • Remote Work Challenges: Employees joining during COVID-19 faced difficulties in integrating into the company culture compared to those who started pre-pandemic.
  • Importance of In-Person Interaction: Face-to-face interactions at the office are vital for building relationships and understanding company culture.

Analytics in People Data

  • Levels of Analytics: Descriptive, Diagnostic, Predictive, and Prescriptive.
  • Predictive Analytics: Helps forecast future organizational challenges.
  • Prescriptive Analytics: Provides actionable solutions, though still evolving in complexity.

When to Implement People Data Tech

  • Ideal Starting Point: Around 15 employees, especially for people-centric businesses like agencies or startups.
  • Importance of Baseline Data: Having data before reaching 20-30 employees aids in navigating organizational growth and professionalization.

Leadership and AI

  • AI as a Leadership Tool: AI can enhance leadership by providing insights and coaching, but should not replace human intuition and understanding.

Responsibility for Well-being

  • Shared Responsibility: Executives, managers, and employees all play a role in fostering workplace well-being.
  • Team-Level Impact: Most well-being differences are observed at the team level, emphasizing the manager's role in employee wellness.

Morality and Ethics in People Data

  • Privacy Concerns: Balancing the need for data insights with respecting employee privacy and autonomy.
  • Example: Handling sensitive information such as high-stress levels among employees.

Employee Expectations and Workplace Dynamics

  • Rising Employee Power: Current talent shortages have shifted negotiation power towards employees, raising expectations for workplace perks and benefits.
  • Balancing Fun and Serious Work: While work should be enjoyable, it's also essential to recognize the need for productivity and efficiency.

Conclusion

  • Overall Theme: The importance of well-being in the workplace and how companies are adapting their strategies to meet evolving employee needs and expectations.

Listen now on

You might also like

Recruitment

How to Measure Your Talent Acquisition Function?
Read blog

Recruitment

7 Metrics to Measure if Your Talent Acquisition Strategy Works
Read blog

Recruitment

5 Talent Acquisition Strategies for Fast Growing Companies
Read blog

Recruitment

How to Make Talent Acquisition Scalable?
Read blog