Part 1 - The All-Seeing Power of Video in Employee Engagement: A Comprehensive Guide to Transforming Your Corporate Culture
Greetings esteemed leaders, visionaries, and pioneers in the world of business! Dr. Layne McDonald here, back with the first installment of our transformative five-part series on reimagining your corporate ecosystem through rich media. Today, we set our lens on a modality hailed as a game-changer for employee engagement: Video.
The Status Quo and the Video Revolution
Let's confront the numbers right out of the gate. Gallup has revealed that a staggering 85% of employees worldwide are not engaged or are actively disengaged at work. On the flip side, organizations with high employee engagement levels see a 21% increase in profitability compared to those without. It's a straightforward equation: higher engagement equates to better productivity and profitability. As film legend Alfred Hitchcock once said, "To make a great film you need three things—the script, the script, and the script." The same can be said for corporate culture: You need engagement, engagement, and more engagement.
The Psychological Impact of Video
Why does video hold such power? According to a study by Forrester Research, one minute of video is worth 1.8 million words. Videos are processed by the brain 60,000 times faster than text, as proven by a study published in the journal Psychological Science. The visual and auditory experience enables employees to connect emotionally with the content, making messages more impactful and memorable.
The Multifaceted Role of Video in the Corporate Landscape
Training and Onboarding
Videos facilitate a dynamic and interactive onboarding experience for new hires. Companies like IBM have leveraged their digital onboarding platforms, resulting in a 32% increase in new hire productivity.
Internal Communication
Remember the good old company newsletter? Imagine transforming that into a monthly video digest that showcases achievements, milestones, and even 'Employee of the Month' in a livelier fashion. A survey by Melcrum showed that 93% of internal communication professionals believe that video has become essential.
Team Building
Interactive live-streaming or recorded team-building activities can cultivate a sense of camaraderie among remote and in-office employees. Google, for instance, utilizes video conferencing for their virtual team lunches to maintain team spirit.
Action Steps: Turn Insight into Impact
Video Audit: Conduct a comprehensive audit of your current communication channels and identify areas where video can play a pivotal role.
Training: Equip your human resources and internal communication teams with essential video editing skills or invest in professionals who can help.
Invest in Equipment: High-quality video production necessitates good equipment. The initial investment will provide long-term benefits.
Pilot Programs: Before full-scale implementation, run pilot programs targeting specific departments or functions.
Metrics and KPIs: Measure the impact using key performance indicators such as engagement rates, click-throughs, and qualitative feedback.
Iterate and Scale: Analyze the data, make necessary adjustments, and start scaling the successful pilot programs.
Seek Feedback: Ensure there's a mechanism for employees to offer constructive feedback on the video initiatives, so you can continually optimize for better engagement.
In Closing
No longer just a tool for marketing, video has emerged as an all-seeing oracle in the corporate world, one that speaks the universal language of engagement. As the incomparable Maya Angelou once noted, "People will forget what you said, people will forget what you did, but people will never forget how you made them feel." Let's leverage the extraordinary power of video to make our employees feel seen, heard, and most importantly, engaged.
As we journey forward, remember the path to lasting change is taken one step at a time. Take these action steps, implement them in your organization, and watch the transformation unfold. If there was ever a time to change, it's now. Stay tuned for more insights in our upcoming series. To transformation and beyond!