Beyond vanity metrics, towards meaningful insights
People are the heart of a company. A thriving organisation translates into happy employees who deliver greater productivity and profitability, thus enabling the growth of the business. However, it is not always easy to know what’s really going on inside a company.
Meaningful data can reveal the main internal issues, so action can be taken to work on the root cause and progress can be measured over time. This approach focuses on a culture of continuous improvement and yields sustainable results.
When embracing continuous improvement, measurement of your progress becomes key. Gaining insight in improvements over time and understanding the areas of concern are both elements of measuring internal progress.
Leading organisations are no longer focusing on achieving success in their D&I programs through diversity numbers, since they understand it takes more to enact meaningful change. These organisations are able to move beyond the numbers by:
➡️ Using data to determine their starting point
➡️ Implementing easy to grasp metrics to assess progress
➡️ Accelerating awareness and support for D&I policies
➡️ Shifting their focus to building inclusion programs
We at Predixa believe that organisations should be in the driving seat and therefore we empower them to do so based on the results of our internal benchmarking application. Way too often external benchmarks are being used to satisfy external stakeholders and are yet another example of vanity metrics: a wow factor on the outside, an empty shell on the inside and just the communication of a box-ticking exercise on a company’s website or as part of their annual report.
Is your organisation ready to be in control of what really matters? Take action… now!