It’s not controversial to say a company’s greatest asset is its team. Your people are your business – and their ability to succeed is central to your organisation’s wider success or failure.
Getting the best out of your team is critical. That’s why it’s notable that economists at Warwick University found that that happy employees work harder. In fact, happiness made people around 12 per cent more productive. The study found that happy workers increase their productivity without impacting on their work quality.
That productivity isn’t contingent on working longer hours. A recent Microsoft experiment in Japan saw a 40 per cent increase in productivity and multiple reductions in operating costs, despite the team reducing their working week to four days.
Considering those trends, it’s particularly concerning that people are often overlooked when it comes to digital transformation.
Take our recent Disruptive Decision Making research, which provides insights into digital transformation decisions and their impact on key organisational goals. We found that respondents managing digital transformation projects around the world focus strongly on technology understanding when it comes to decision-making ability, and the accruing results. They rated themselves the weakest when it came to people and processes.
Yet, that is not true of every organisation. In fact, the numbers revealed that the most digitally mature companies are set apart precisely because they are more likely to focus on people and processes than technology.
Brilliant things are more likely to happen when you integrate your people with your digital transformation projects – and ensure you keep the purpose of the project front of mind from its very outset.
Take our customer, London City Airport, for example. With the airport now handling millions of passengers rather than the thousands it was originally designed for when built in 1987, the company’s IT team knew it needed to digitally transform to keep up with traveller expectations.