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Ways to Engage Employees Using Technology That Deliver ROI


The good news: Technology that encourages employee communication and collaboration is becoming less expensive all the time. Small organizations can develop in house, or with the help of a freelance IT professional, solutions that are cost-efficient and deliver on the promise of bringing people together in meaningful (and productive) ways.

The bad news? The sheer breadth of software and tools that are out there. A recent search on the technology website CNET revealed 76 product results in the project management category alone.

To help you wade through the options when it comes to technology to enable or enhance information sharing by employees, in Q3 2009 we surveyed registered users of our website as well as our small business honorees to understand how they are using communications technology to support their businesses. This is what we heard from them:

Current Methods for Information Sharing

Method

Registered Users

Honorees

Mobile phones

71%* most common choice

90%* most common choice

Skype

20%

0%

WebEx or similar web/audio conferencing tool

56%

60%

Company blog

19%

30%

Company intranet

63%

70%

Custom social networking platform

14%

20% least named

Social networking site (LinkedIn, Twitter, Facebook, Ning, etc.)

48%

30%

None of the above

7% least named

0%

Other

15%

0%

*Since respondents chose all measures that applied, the totals add up to more than 100 percent.

Other methods listed by registered users include software such as Spark, Yammer and Google Docs; custom websites; email; newsletters; VOIP; and wikis.

Usage Breakdown - Popular Social Networking Sites

Site

Registered Users

Honorees

LinkedIn

85%* most common choice

50%*

Twitter

49%

0%

Facebook

69%

75% most common choice

Ning

5% least named

0%

Other

13%

25% least named

Other popular sites listed include Yammer, Xing, SharePoint and a custom-designed, Twitter-like system for employee recognition.

Staff Charged with Managing This Information Sharing

Role

Registered Users

Honorees

IT dept/staff

66% most common choice

78% most common choice

CIO

7% least named

0%

CEO

14%

0%

HR

14%

22% least named

Other

45%

22%

Other staff roles include marketing manager/staff; special events coordinator; communications manager/staff; leadership team; COO; department manager; and a combination of HR, marketing and IT.

Cost-Cutting and/or Revenue-Producing Ideas Generated Through This Information Sharing

Feedback

Industry

No. Employees

Role

Improved brand and sales.

Health Care

101-250

Manager

Fewer on-site sales calls. 24/7 availability.

Manufacturing

51-100

Leader

Reduced direct mail costs for events. Created online registration. Created ability to donate online.

Nonprofit

501-999

VP Communications & Event Planning

We are able to see exactly where our time, activity and cost is going and why, so we are better able to cut where needed and improve for revenue production where needed.

Other

51-100

Manager

Using less in-house supplies, and not filling email inboxes with numerous informational emails causing a lack in bandwidth.

Professional Services

251-500

Human Resources

Going green! We have reduced paper consumption as well as increased our audience numbers.

Professional Services

1-50

Leader

50% reduction in time-wasting efforts in reading email or other electronic transmissions. People stay focused on their work.

Technology/
Software/
Systems

51-100

Leader

Virtual meeting (travel cost avoidance. Geo-consolidation of meetings (minimizing travel cost).

Professional Services

1-50

Leader

Linking shopping portal to social networking has increased traffic to web.

Retail Trade

1000+

Leader

Above Ideas' Impact on Expense Reduction and Revenue Generation

We asked our survey respondents, when considering the kinds of ideas they listed above, about how much they saved or earned as a result. Roughly 40 percent of both groups said they reduced expenses or grew revenues by $1,000 or less.

However, 18 percent of registered users reduced expenses by up to $5,000 and 10 percent did so by up to $50,000. Eighteen percent of them grew revenues by up to $500,000 while 16 percent did so by up to $10,000.

Among honorees, 17 percent reduced expenses by up to $20,000 and the same percentage did so by up to $1 million. Twenty percent of them grew revenues as a result of these ideas by up to $50,000.

Area of Business Where It's Most Effective

Finally, we asked respondents in what issues or circumstances technology-driven information sharing is most effective. The most common feedback included:

It's also worth noting that the vast majority of respondents feel in-person, one-on-one communication is not going away any time soon – they see it as critical to ensuring understanding and accomplishment of key tasks and meeting the needs of their customers and the marketplace.

More feedback from this survey will appear soon on our blog (add it to your RSS feed).



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