In Deloitte’s Global Human Capital Trends report, 87% of business leaders cited organizational culture and employee engagement as their top challenges in 2015. Why is this a challenge? Often, there is a disconnect between corporate culture and business strategy, which may have a bigger impact on bottom line than expected.
Research shows that “mission-driven” companies have 30% higher levels of innovation and 40% higher levels of retention. Often, companies cannot benefit from a strong corporate culture, as they are not aware that their employees are not emotionally engaged. The ultimate question: how can companies use analytics for data that gives insight into emotion?
In response to this challenge, Deloitte officially rolled-out its CulturePath solution, a technology that enables companies to measure their culture, pinpoint strengths and gaps, and drive behaviors needed to achieve critical business objectives.