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24/09/2012




                Its all about the People




                      Amanda Menahem
                        HR Director



PAGE 1




         People – the ultimate marketing tool




PAGE 2




                                                        1
24/09/2012




Agenda


 • The Challenge

 • The Vision, The Strategy & Initiatives

 • The Results

 • Key take- aways




PAGE 3




The challenge

                                      Cripplingly low
                                       engagement



         A broken
                                        High staff attrition
         business



                                      Spiralling losses




PAGE 4




                                                                       2
24/09/2012




The ambitious vision



                                 To become a top
                                    ten personal
                                  lines broker by
                                        2014



PAGE 5




                         Achieving business turnaround
         A high performing workforce going the extra mile for the customer



PAGE 6




                                                                                     3
24/09/2012




The Strategy…

         – Our research led us to three key drivers of
           engagement:

            • Create a positive emotional connection to the
              company (brand/EVP)

            • Involvement

            • Role of the line manager




PAGE 7




A Positive Emotional Connection

     – The WOW event
     – Hastings Got Talent
     – STAR scheme & other HWF projects
     – Our staff literally shaping our
       company
     – CEO endorsement Best Place to
       Work part of company vision
     – MI to demonstrate impact




PAGE 8




                                                                      4
24/09/2012




The Role of the Line Manager

     – Managing the Hastings
       Way programmes targeting
       different levels of
       management

     – Analysis and MI to
       demonstrate impact of
       manager behaviour

     – Linked to business
       scorecards & management
       bonus



PAGE 9




The Results

 76-point increase in                               Staff turnover
 engagement scores                                 dropped 10% to
     since 2010                                  equal sector average


 Absence down 5.97
 days per employee
                         Customer numbers         EBITDA increased
  (compared to 9.4
                              up 37%               by 59% to £35m
    days industry
      average)


               Vision achieved 2 years ahead of target.




PAGE 10




                                                                                5
24/09/2012




Key Take Aways - The keys to success

      – Apply marketing principles to managing your
        workforce:
          • Brand, EVP, Data/insight, market intelligence etc
      – Trust your people – they will surprise you
      – The role of top team




PAGE 11




Thank you




PAGE 12




                                                                        6

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Am ci mpresentation v2 (2)

  • 1. 24/09/2012 Its all about the People Amanda Menahem HR Director PAGE 1 People – the ultimate marketing tool PAGE 2 1
  • 2. 24/09/2012 Agenda • The Challenge • The Vision, The Strategy & Initiatives • The Results • Key take- aways PAGE 3 The challenge Cripplingly low engagement A broken High staff attrition business Spiralling losses PAGE 4 2
  • 3. 24/09/2012 The ambitious vision To become a top ten personal lines broker by 2014 PAGE 5 Achieving business turnaround A high performing workforce going the extra mile for the customer PAGE 6 3
  • 4. 24/09/2012 The Strategy… – Our research led us to three key drivers of engagement: • Create a positive emotional connection to the company (brand/EVP) • Involvement • Role of the line manager PAGE 7 A Positive Emotional Connection – The WOW event – Hastings Got Talent – STAR scheme & other HWF projects – Our staff literally shaping our company – CEO endorsement Best Place to Work part of company vision – MI to demonstrate impact PAGE 8 4
  • 5. 24/09/2012 The Role of the Line Manager – Managing the Hastings Way programmes targeting different levels of management – Analysis and MI to demonstrate impact of manager behaviour – Linked to business scorecards & management bonus PAGE 9 The Results 76-point increase in Staff turnover engagement scores dropped 10% to since 2010 equal sector average Absence down 5.97 days per employee Customer numbers EBITDA increased (compared to 9.4 up 37% by 59% to £35m days industry average) Vision achieved 2 years ahead of target. PAGE 10 5
  • 6. 24/09/2012 Key Take Aways - The keys to success – Apply marketing principles to managing your workforce: • Brand, EVP, Data/insight, market intelligence etc – Trust your people – they will surprise you – The role of top team PAGE 11 Thank you PAGE 12 6