We are getting ready to speak at the SHRI Forum 2006 conference in Singapore on Managing Talent for Maximum Performance. The theme of this event is Engaging Your Workforce. Maybe its a reaction to the successive studies which have shown that engagement rates in Singapore are some of the lowest in the world!
I have been reviewing the literature on engagement and it is clear that superior engagement means better performance for the organization.
So organizations should strive to engage their talent as much as they can.
But what exactly is the impact? According to Gallup, it costs Singapore and its population of about 4 million people, billions of dollars in productivity loss.
We found a short intro by ISR that describes the impact on your margin:
Tomorrow we will ask the question: Is engagement enough as talent metric to monitor your business?
