Creating a
“skin-in-the-game”
culture
Why does it matter today, more than ever?
The $7.8 trillion problem
Engagement correlates with performance and low engagement, alone, costs the global economy $7.8 trillion (Gallup 2022).
Lack of engagement drags profits down 23% in profitability, 18% in productivity (quiet quitting).
Employee engagement programs and reward tools have failed...Nearly 85% of employees worldwide are still not engaged or are actively disengaged at work.
GenZers are hungry for knowledge and eager to develop new skills that will help them advance in their careers
GenZ will represent 22% of the workforce in 2030.
AI is reshaping the
Future Of Work
2/3 of current jobs are exposed to AI
Goldman Sachs estimates suggest that generative AI could expose the equivalent of 300mn full-time jobs to automation globally.
60% of workers today are employed in occupations that did not exist in 1940, implying that over 85% of employment growth over the last 80 years is explained by the technology-driven creation of new positions.
Companies will need to be able to retool and refocus workforce in a very dynamic fashion. This will potentially mark the emergence of a new generation of corporate “athletes” who will rely on AI for depth but will have to master breadth, innovation and leadership.
The ownership culture, a key to unlock corporate performance
21% higher productivity
Accenture’s Global Disruption Index shows that macroeconomic volatility has increased 200% since 2017 as compared to only 4% from 2011 to 2016.
In this context of profound and continuous changes, companies who focus on outcomes and agility will win the game.
According to a study by Harvard Business Review, companies that have a culture of ownership, where employees feel they have a stake in the organization’s success, outperform their peers: 10% higher customer satisfaction scores, 22% higher profitability, and 21% higher productivity.