Ignore your employees and they’ll go away. Just ask Elon Musk whose heavy-handed leadership as he took the helm at Twitter resulted in a mass exodus of employees — and not just the ones he asked to leave.
If you haven’t asked your employees what’s important to them lately, now is the time. We see a critical need for organizations to develop ongoing processes for gathering — and acting on — employee feedback.
It’s no longer simply a “nice to do” — if it ever was — it’s now a need to do. Employee feedback can help effectively shape HR strategy to drive employee engagement and retention. And when employee engagement rises, better business outcomes follow, like productivity and profitability.