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Welcome to Scotland’s First
Investors in People Conference
We would like to thank you sponsors
Media Partner
#IIPSConf2015
Peter Russian
Chief Executive
Investors in People Scotland
#IIPSConf2015
The Productivity Challenge
Investors In People Scotland |
It is estimated that about a quarter of the UK’s productivity gap with the United States could be down to poor
management. (Productivity & Business, LSE 2015)
The UK doesn’t have enough high-performance workplaces which are more likely to invest in the skills of employees
or to utilise these skills effectively. (CIPD 2014)
There is a 0.41 correlation between employee engagement and task performance amongst UK employees (CIPD)
Gallup data from 23,910 business units demonstrated that those units with engagement scores in the top quartile
averaged 18% higher productivity than those units in the bottom quartile.
71% of companies with above average employee engagement achieved company performance above their sector
average while only 40% of companies with below average employee engagement. (Corporate Leadership Council)
#IIPSConf2015
Investors In People Scotland |
“the evidence shows under-developed leadership and management skills
and a widespread failure to adopt management best practices are
constraining the performance and growth of a large number of SMEs.”
Professor James Hayton
Leadership and Management Skills in SMEs: Measuring Associations with
Management Practices and Performance
May 2015
#IIPSConf2015
Investors In People Scotland |
88% report positive impact of Investors in People
Highest impact on employee engagement, learning and development, and organisation performance
• 80% report impact on reputation
• 79% report impact on productivity
• 83% report impact on motivation
• 78% report positive impact on people’s ability to do their jobs
8.6 /10 satisfaction with quality of Specialists
#IIPSConf2015
Investors In People Scotland |
#IIPSConf2015
Investors In People Scotland |
#IIPSConf2015
Investors In People Scotland |
My job is to look after
other people and get them
to be better.
Sir Dave Brailsford
#IIPSConf2015
David Marquet
Expert on Leadership and Innovation
Bestselling Author of Turn The Ship
Around
#IIPSConf2015
/ Coffee Break 20 minutes
#IIPSConf2015
Alex McGuire
Group Director of Property
Wheatley Group
#IIPSConf2015
Supporting
Change
Alex McGuire
Group Director of Property
Date: 4 June 2015
15
The New Dawn
homes transferred – Europe’s largest transfer
85,000 employees at transfer operating from
over 60 outlets
2200 Investment to homes in the first 10
years alone
£1.2bn
higher than the average rent in the
city
21% of public debt write-off or grants
£1.6bn of private finance levered in
£725m
£180m What could go
wrong?Operating turnover – bigger than Celtic, Rangers and
Irn-Bru; City Council spending £120m servicing debt
The New Dawn
17
• ‘GHA in disarray’ / 5 CEOs in 6 years
• Shattered stakeholder relationships
• 63 separate organisations, brands, cultures, agendas
• No clear purpose or direction as a temporary organisation set up to dismantle itself
• SST programme stalled / no new homes built / regeneration halted / poor business
performance
• Overall customer satisfaction poor at 67%
• Customer satisfaction with repairs service 44%
• Staff satisfaction 55%
False dawn: a six-year meltdown
18
False dawn: a six-year meltdown
Scottish Housing Regulator’s comments in
2009 Review:
“We see a real dichotomy between GHA’s
improvement of services
on one hand, and the review of its purpose on the
other”
“The weaknesses in the review of its purpose
mean that GHA does
not have a sound base from which to progress”
• Clear and visible leadership, new board and executive team
• Re-building organisation from the ‘ground up’
• Creating a new vision
• Restoring trust and confidence of customers, staff, stakeholders
• New structure / customer focus
• Using our scale to go beyond ‘bricks and mortar’
Solid foundations for a bright future
Tenant satisfaction –
up from 67%
91% Rent arrears – down from
£10.4m
£3.6m Average days to let – down
from 56
Staff sickness absence
from a peak of almost 10%
2.5% Units on site or approved in
this year alone
1400 staff satisfaction
94%
GHA is the powerhouse of
Wheatley Housing Group
13
GHA today…
Legacy of
stock
transfer?
The Wheatley Group
Timeline of the history of Wheatley Group
2003 20112010200920082007200620052004 2012 2013 2014
Creation of Wheatley
Housing Group, named
after the “father of social
housing”, Glasgow MP
John Wheatley
Creation of GHA with the
transfer of 85,000 homes
from Glasgow City Council
The Group encompasses
GHA, Cube HA, Lowther
Homes and YourPlace
Property Management
GHA and YourPlace have
achieved a prestigious UK
business improvement
award Investors in People
Gold Accreditation
West Lothian Housing
Partnership joined the
Group in 2013. They
own and manage 381
homes in West Lothian
New management
team is set up
within GHA
Wheatley Group is ideally placed through size, scale and capacity to contribute to city, regional & national outcomes in housing
and community regeneration
“Leading with Vision,
Inspiration and
Integrity” prize at the
2013 EFQM
(European
Foundation for
Quality Management)
Loretto Housing
Association with 1,089
homes across Central
Scotland and its care
subsidiary Loretto Care -
with almost 1,000 service
users joined the Group
Wheatley Group ranked
36th in the Sunday Times
“Best Companies”
Awards
Cube joins GHA in
receiving Charter Mark
for customer service
excellence
2015
Wheatley Group
raises bond on
capital markets,
securing the UK’s
lowest all-in price (at
the time) for a
housing association
public bond
April 2015 – Dunedin
Canmore joins
Wheatley Group
Delivering excellence through group structure
Current Wheatley Group subsidiaries:
• GHA, Scotland's largest social landlord, with almost 43,000 affordable homes in Glasgow
• Cube Housing Association, with over 3,300 social homes across the West of Scotland
• Loretto Housing, with over 1,000 affordable homes in the central belt
• West Lothian Housing Partnership with 381 affordable homes
• Loretto Care, supporting over 1,000 care clients and service users
• YourPlace Property Management, Scotland’s ‘Feel Good Factor’, with over 25,000 customers
• Lowther Homes, with over 500 homes for full and mid-market and shared equity
• Dunedin Canmore, with 5,500 homes in Edinburgh the Lothians and Fife
A young and dynamic HA which is now firmly on the map
• Named after John Wheatley, the Glasgow MP who became known as the father of social housing
• All parts of the Group are firmly rooted in their local communities, putting customers at the heart of
decisions affecting their homes and neighbourhoods
• Ideally placed through our size and scale to contribute to city, regional and national outcomes in
housing, care and community regeneration
Delivering excellence through group structure
Time to change the rules
• Redefining the authorising environment
– who should be in control?
• Release energy and passion at the right
levels
• Challenge people to challenge
themselves – no rules of engagement
• Trust yourself – not the “process”
Our platform to transforming customer services
Let’s not ‘enhance’ the rules which make us ineffective
• Challenge existing concepts and behaviours
• Deleting frustration – not building on it
• Experiment – “let’s just do this”
• Command and control is risk management, not creativity
• Process of design relegates behaviour
• No universal customer – no universal solution
The language of comfort
“my manager trusted me and that gave me confidence”
“the new structure empowers me to make decisions”
“I believe I can make a difference”
The language of transformation
“I am in charge”
“I am trusted and I am confident”
“I take decisions and act for my customer”
“I change lives”
“I believe in us”
“I challenge myself to challenge others”
Where we were
Where we thought we wanted to get to
What we created
Think Yes – transformational leaders
Traditional
// Leader wants to be at the
centre of things
// Leader is self serving
// Culture is to “tell, solve
and check”
// Value derives from power
// Culture of escalation
Think Yes
// The team challenge the leader
// The power is with the person
who touches the customer
// Leader serves the team
// No universal solution… no universal
behaviour
// Leader lives within a culture of risk
// Outcomes not processes – design as we
speak
Behavioural leadership – not process
The more leadership you devolve,
the more leadership you have to show
Transformational gain
0
500
1000
1500
2000
2500
2009 2010 2011 2012
Headcount
CustomerSatisfaction
3000
2013
76%
78%
80%
82%
84%
86%
88%
90%
Transformation Gain
Making homes
and lives better
/ Lunch 45 minutes
#IIPSConf2015
Therese Procter
Personnel Director
Tesco Bank
#IIPSConf2015
IMPROVINGTherese Procter, Tesco Bank
WHAT DOES GREAT
LEADERSHIP LOOK LIKE?
LEADERSHIP
TRUST
GENEROSITY COMMUNICATIONENGAGEMENT
PASSION
INSPIRATIONAL
INTEGRITY
PROACTIVE
CREATIVITY
CURIOSITY
SELF-DISCIPLINE
INNOVATION
CONFIDENCE
MOTIVATION
STRENGTH
COMMITMENT
HONESTY
RECEPTIVE
VISION
FOCUS
OPTIMISTIC
INTUITIVE
EMPATHIC
CHANGERESILIENCE
ENTHUSIASM
RESOURCEFUL
CHARISMA RESPECTFUL
HUMILITY
AGILITY
TRUTH EMPOWERING
VALUESDECISIVE
ENERGY
LISTENING
POSITIVE
LOYALTY
LEADERS ARE LIKE TEABAGS
IN HOT WATER
IN HOT WATER
THE DEFINING LEADERSHIP
QUALITY …
COURAGE
THE DEFINING LEADERSHIP
QUALITY …
COURAGEIn the face of the unknown, courage
means being certain that you are right
in terms of fact and values.
Sir Terry Leahy
THE FACTS:
LISTENING TO CUSTOMERS
OUR VALUES
Treat everyone how
we like to be treated
No one tries harder
for customers
We use our
scale for good
COURAGE IN BANKING
At the heart of our culture
– which will be underpinned
by our values – will be
the imperative that we are
led by the needs of
our customers.
Benny Higgins
Chief Executive, Tesco Bank
THE JOURNEY:
KEY MILESTONES
Tesco Personal Finance established in February 1997
under the terms of a joint venture with Royal Bank of Scotland Group…
Tesco purchased 100% control
in December 2008 at a cost of £950million
Focus for the following three years was
the transformation of systems, processes and people…
Customer migration completed May 2012
with over 6 million customers moved onto new Tesco Bank infrastructure
Staff numbers have increased
over that period from 180 to over 4,000….
Haymarket Yards, Edinburgh
Broadway 1, GlasgowQuorum 8, Newcastle
EHQ, Edinburgh
VALUES, VISION & STRATEGY
Tesco Bank Vision
To become a natural choice as a provider of
financial services for Tesco Customers
Tesco Values
Treat everyone how we like to be treated
No one tries harder for customers
We use our scale for good
Tesco Bank Strategy
Putting Tesco into Banking and Insurance
SUPPORTING OUR PEOPLE:
VALUES-LED REWARD
SUPPORTING OUR PEOPLE:
REWARD & RECOGNITION
Supporting
Future Growth
We have a
consistent approach
to building
capability across
Tesco Bank with the
right structures,
right investment.
We know how to
land change and
make it stick
Growing
With Us
Every person knows
their career plans,
what training is
available, and has a
realistic assessment
of their personal
performance and
contribution
Trusted Leaders,
Trusted Teams
All our leaders
understand what
contribution they
make to our culture
and the part they
play in leading
collectively across
the business
Changing Lives
We make the most
of our contribution
to society as we
help people into
work and careers
and play our part in
building basic skills
for employability.
Removing barriers
for women and
young people
Connecting Our People
We find simple ways to connect people across Tesco, engage them
as ambassadors and tell our story
SUPPORTING OUR PEOPLE:
PEOPLE PLAN
SOLID FOUNDATIONS
PERSONAL LEADERSHIP
BUILDING CAPABILITY
DELIVERING CONTINUOUS
IMPROVEMENT
18,000hrs
volunteered
by colleagues
since 2010
£1mraised for
charities
£175,000fundraised for local charities, Diabetes UK,
Race for Life and Movember in 2014
80%agree
80%agree
78%agree
“We use our scale for good”
up 11% on 2013
“I am encouraged to
participate in our social
responsibility initiatives”
up 2%
“Tesco Bank brings
benefits to my
local community”
up 6%
COMMUNITY IMPACT
THIRD-PARTY RECOGNITION
SUSTAINABLE SUCCESS
IMPROVINGTherese Procter, Tesco Bank
Introducing the new sixth generation
IIP Framework
Introduction to Investors in People
Investors In People |
• We help organisations to improve performance, be more productive, to change and
to grow
• We believe that engagement, skills, communication, motivation and ownership make
a big difference to performance
• Investors in People is a good practice Standard based on the features of high
performing organisations.
• It is the only international Standard to link your ambition and your people practices.
• The Investors in People accreditation is recognised across 25 countries and held by
over 15,000 businesses.
#IIPSConf2015
Investors In People |
Features
• Based on latest research on high performance
• Working with external, independent specialists
• Accreditation at Platinum, Gold, and Silver levels
• Opportunity to benchmark against other organisations
Advantages
• Identifies the key people issues which will drive business success
• In depth insight into your culture and practice
• Advice and guidance from industry experts
• Tailored to the specific needs of each organisation’s business priorities
• External recognition of your commitment to customers and stakeholders
Benefits*
• Improved performance and productivity
• Improved motivation and morale
• Improved capability to achieve business goals
• Better reputation
* based on University of Glasgow research #IIPSConf2015
Key changes in the Framework
15/06/2015 Investors In People |
What is Staying
• Driven by your
purpose and
organisation
ambition
• Focus on leadership,
engagement, people
development and
improvement
• Continuous
improvement
remains an integral
part of Investors in
People approach
What is Changing
• Replacing Plan Do
Review
• Simplifying by
reducing duplication
What is New
• Based on High
Performance Working
Research
• New focus on
Structuring Work and
Creating Sustainable
organisations
• Introduced Maturity
levels to support
change
#IIPSConf2015
The new framework: Key principles
15/06/2015 Investors In People |
 Everything starts with your organisation ambition
 The framework is based on the concept of
sustainable high performance through people
 Reflects the 9 key areas to enable high
performance through people
 Organisations use the Framework to develop
practice using the levels of maturity
 Each indicator has 3 themes
 Organisations are reviewed at the criteria level
within the framework
 Focus on leaders and people
#IIPSConf2015
The concept of maturity levels
15/06/2015 Investors In People |#IIPSConf2015
High Performance Heat Map
15/06/2015 Investors In People |
#IIPSConf2015
The IIP Survey Tools
15/06/2015 Investors In People |
• Survey tools will be available to support the review process
• Allows an effective measure of how far practices are embedded
• Allows tailoring of the review to specific themes or parts of the business
• Can be integrated within in house survey tools
• Will allow benchmarking against other organisations
6.81
1.12
5.00 5.00 5.30
4.56 4.89 4.67
3.48
5.00
0.00
1.00
2.00
3.00
4.00
5.00
6.00
7.00
Indicator 1. Leading & Inspiring peopleIndicator 2. Living the organisationÍs values and behavioursIndicator 3. Empowering and involving peopleIndicator 4. Managing performanceIndicator 5. Rewarding and recognising high performanceIndicator 6. Structuring workIndicator 7. Building capabilityIndicator 8. Delivering continuous improvementIndicator 9. Creating sustainable successMaturity level predictor
Alignment
Indicator
ALIGNMENT AGAINST THE STANDARD
#IIPSConf2015
15/06/2015 Investors In People |
Timetable
• New Framework will be available to use in August
• Period of transition to allow organisations to complete work with current Framework if
appropriate
• Our Specialists will advise you on the best course of action
#IIPSConf2015
/ Coffee Break 20 minutes
Wifi: Press-Internet
Password: Press_5508_2
#IIPSConf2015
Andrew Coetzee
Business Development
Investors in People Scotland
The new framework
#IIPSConf2015
#IIPSConf2015
Discussion
Where does your organisation currently fit?
Where would you like it to fit?
How will you get there?
#IIPSConf2015
Where does your organisation
currently sit against indicator 9?
Respond at PollEv.com/investorsinp905
Text INVESTORSINP905 to 07624806527 once to join, then text A, B, C, or D
Answers to this poll are anonymous
#IIPSConf2015
/ Summary
#IIPSConf2015
/ Drinks and Canapés
will be served in the exhibition and catering area
overlooking the Sir Chris Hoy Velodrome
#IIPSConf2015

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IIPS outperformance cenference master presentation

  • 1. Welcome to Scotland’s First Investors in People Conference We would like to thank you sponsors Media Partner #IIPSConf2015
  • 2. Peter Russian Chief Executive Investors in People Scotland #IIPSConf2015
  • 3.
  • 4. The Productivity Challenge Investors In People Scotland | It is estimated that about a quarter of the UK’s productivity gap with the United States could be down to poor management. (Productivity & Business, LSE 2015) The UK doesn’t have enough high-performance workplaces which are more likely to invest in the skills of employees or to utilise these skills effectively. (CIPD 2014) There is a 0.41 correlation between employee engagement and task performance amongst UK employees (CIPD) Gallup data from 23,910 business units demonstrated that those units with engagement scores in the top quartile averaged 18% higher productivity than those units in the bottom quartile. 71% of companies with above average employee engagement achieved company performance above their sector average while only 40% of companies with below average employee engagement. (Corporate Leadership Council) #IIPSConf2015
  • 5. Investors In People Scotland | “the evidence shows under-developed leadership and management skills and a widespread failure to adopt management best practices are constraining the performance and growth of a large number of SMEs.” Professor James Hayton Leadership and Management Skills in SMEs: Measuring Associations with Management Practices and Performance May 2015 #IIPSConf2015
  • 6. Investors In People Scotland | 88% report positive impact of Investors in People Highest impact on employee engagement, learning and development, and organisation performance • 80% report impact on reputation • 79% report impact on productivity • 83% report impact on motivation • 78% report positive impact on people’s ability to do their jobs 8.6 /10 satisfaction with quality of Specialists #IIPSConf2015
  • 7. Investors In People Scotland | #IIPSConf2015
  • 8. Investors In People Scotland | #IIPSConf2015
  • 9. Investors In People Scotland | My job is to look after other people and get them to be better. Sir Dave Brailsford #IIPSConf2015
  • 10.
  • 11. David Marquet Expert on Leadership and Innovation Bestselling Author of Turn The Ship Around #IIPSConf2015
  • 12. / Coffee Break 20 minutes #IIPSConf2015
  • 13. Alex McGuire Group Director of Property Wheatley Group #IIPSConf2015
  • 14. Supporting Change Alex McGuire Group Director of Property Date: 4 June 2015
  • 16. homes transferred – Europe’s largest transfer 85,000 employees at transfer operating from over 60 outlets 2200 Investment to homes in the first 10 years alone £1.2bn higher than the average rent in the city 21% of public debt write-off or grants £1.6bn of private finance levered in £725m £180m What could go wrong?Operating turnover – bigger than Celtic, Rangers and Irn-Bru; City Council spending £120m servicing debt The New Dawn
  • 17. 17 • ‘GHA in disarray’ / 5 CEOs in 6 years • Shattered stakeholder relationships • 63 separate organisations, brands, cultures, agendas • No clear purpose or direction as a temporary organisation set up to dismantle itself • SST programme stalled / no new homes built / regeneration halted / poor business performance • Overall customer satisfaction poor at 67% • Customer satisfaction with repairs service 44% • Staff satisfaction 55% False dawn: a six-year meltdown
  • 18. 18 False dawn: a six-year meltdown Scottish Housing Regulator’s comments in 2009 Review: “We see a real dichotomy between GHA’s improvement of services on one hand, and the review of its purpose on the other” “The weaknesses in the review of its purpose mean that GHA does not have a sound base from which to progress”
  • 19. • Clear and visible leadership, new board and executive team • Re-building organisation from the ‘ground up’ • Creating a new vision • Restoring trust and confidence of customers, staff, stakeholders • New structure / customer focus • Using our scale to go beyond ‘bricks and mortar’ Solid foundations for a bright future
  • 20. Tenant satisfaction – up from 67% 91% Rent arrears – down from £10.4m £3.6m Average days to let – down from 56 Staff sickness absence from a peak of almost 10% 2.5% Units on site or approved in this year alone 1400 staff satisfaction 94% GHA is the powerhouse of Wheatley Housing Group 13 GHA today… Legacy of stock transfer?
  • 21. The Wheatley Group Timeline of the history of Wheatley Group 2003 20112010200920082007200620052004 2012 2013 2014 Creation of Wheatley Housing Group, named after the “father of social housing”, Glasgow MP John Wheatley Creation of GHA with the transfer of 85,000 homes from Glasgow City Council The Group encompasses GHA, Cube HA, Lowther Homes and YourPlace Property Management GHA and YourPlace have achieved a prestigious UK business improvement award Investors in People Gold Accreditation West Lothian Housing Partnership joined the Group in 2013. They own and manage 381 homes in West Lothian New management team is set up within GHA Wheatley Group is ideally placed through size, scale and capacity to contribute to city, regional & national outcomes in housing and community regeneration “Leading with Vision, Inspiration and Integrity” prize at the 2013 EFQM (European Foundation for Quality Management) Loretto Housing Association with 1,089 homes across Central Scotland and its care subsidiary Loretto Care - with almost 1,000 service users joined the Group Wheatley Group ranked 36th in the Sunday Times “Best Companies” Awards Cube joins GHA in receiving Charter Mark for customer service excellence 2015 Wheatley Group raises bond on capital markets, securing the UK’s lowest all-in price (at the time) for a housing association public bond April 2015 – Dunedin Canmore joins Wheatley Group
  • 22. Delivering excellence through group structure Current Wheatley Group subsidiaries: • GHA, Scotland's largest social landlord, with almost 43,000 affordable homes in Glasgow • Cube Housing Association, with over 3,300 social homes across the West of Scotland • Loretto Housing, with over 1,000 affordable homes in the central belt • West Lothian Housing Partnership with 381 affordable homes • Loretto Care, supporting over 1,000 care clients and service users • YourPlace Property Management, Scotland’s ‘Feel Good Factor’, with over 25,000 customers • Lowther Homes, with over 500 homes for full and mid-market and shared equity • Dunedin Canmore, with 5,500 homes in Edinburgh the Lothians and Fife A young and dynamic HA which is now firmly on the map • Named after John Wheatley, the Glasgow MP who became known as the father of social housing • All parts of the Group are firmly rooted in their local communities, putting customers at the heart of decisions affecting their homes and neighbourhoods • Ideally placed through our size and scale to contribute to city, regional and national outcomes in housing, care and community regeneration
  • 23. Delivering excellence through group structure
  • 24. Time to change the rules • Redefining the authorising environment – who should be in control? • Release energy and passion at the right levels • Challenge people to challenge themselves – no rules of engagement • Trust yourself – not the “process”
  • 25. Our platform to transforming customer services
  • 26. Let’s not ‘enhance’ the rules which make us ineffective • Challenge existing concepts and behaviours • Deleting frustration – not building on it • Experiment – “let’s just do this” • Command and control is risk management, not creativity • Process of design relegates behaviour • No universal customer – no universal solution
  • 27. The language of comfort “my manager trusted me and that gave me confidence” “the new structure empowers me to make decisions” “I believe I can make a difference”
  • 28. The language of transformation “I am in charge” “I am trusted and I am confident” “I take decisions and act for my customer” “I change lives” “I believe in us” “I challenge myself to challenge others”
  • 30. Where we thought we wanted to get to
  • 32. Think Yes – transformational leaders Traditional // Leader wants to be at the centre of things // Leader is self serving // Culture is to “tell, solve and check” // Value derives from power // Culture of escalation Think Yes // The team challenge the leader // The power is with the person who touches the customer // Leader serves the team // No universal solution… no universal behaviour // Leader lives within a culture of risk // Outcomes not processes – design as we speak
  • 33. Behavioural leadership – not process The more leadership you devolve, the more leadership you have to show
  • 34.
  • 35. Transformational gain 0 500 1000 1500 2000 2500 2009 2010 2011 2012 Headcount CustomerSatisfaction 3000 2013 76% 78% 80% 82% 84% 86% 88% 90% Transformation Gain
  • 37. / Lunch 45 minutes #IIPSConf2015
  • 40. WHAT DOES GREAT LEADERSHIP LOOK LIKE? LEADERSHIP TRUST GENEROSITY COMMUNICATIONENGAGEMENT PASSION INSPIRATIONAL INTEGRITY PROACTIVE CREATIVITY CURIOSITY SELF-DISCIPLINE INNOVATION CONFIDENCE MOTIVATION STRENGTH COMMITMENT HONESTY RECEPTIVE VISION FOCUS OPTIMISTIC INTUITIVE EMPATHIC CHANGERESILIENCE ENTHUSIASM RESOURCEFUL CHARISMA RESPECTFUL HUMILITY AGILITY TRUTH EMPOWERING VALUESDECISIVE ENERGY LISTENING POSITIVE LOYALTY
  • 41. LEADERS ARE LIKE TEABAGS
  • 45. THE DEFINING LEADERSHIP QUALITY … COURAGEIn the face of the unknown, courage means being certain that you are right in terms of fact and values. Sir Terry Leahy
  • 47. OUR VALUES Treat everyone how we like to be treated No one tries harder for customers We use our scale for good
  • 48. COURAGE IN BANKING At the heart of our culture – which will be underpinned by our values – will be the imperative that we are led by the needs of our customers. Benny Higgins Chief Executive, Tesco Bank
  • 49. THE JOURNEY: KEY MILESTONES Tesco Personal Finance established in February 1997 under the terms of a joint venture with Royal Bank of Scotland Group… Tesco purchased 100% control in December 2008 at a cost of £950million Focus for the following three years was the transformation of systems, processes and people… Customer migration completed May 2012 with over 6 million customers moved onto new Tesco Bank infrastructure Staff numbers have increased over that period from 180 to over 4,000….
  • 50. Haymarket Yards, Edinburgh Broadway 1, GlasgowQuorum 8, Newcastle EHQ, Edinburgh
  • 51.
  • 52. VALUES, VISION & STRATEGY Tesco Bank Vision To become a natural choice as a provider of financial services for Tesco Customers Tesco Values Treat everyone how we like to be treated No one tries harder for customers We use our scale for good Tesco Bank Strategy Putting Tesco into Banking and Insurance
  • 55. Supporting Future Growth We have a consistent approach to building capability across Tesco Bank with the right structures, right investment. We know how to land change and make it stick Growing With Us Every person knows their career plans, what training is available, and has a realistic assessment of their personal performance and contribution Trusted Leaders, Trusted Teams All our leaders understand what contribution they make to our culture and the part they play in leading collectively across the business Changing Lives We make the most of our contribution to society as we help people into work and careers and play our part in building basic skills for employability. Removing barriers for women and young people Connecting Our People We find simple ways to connect people across Tesco, engage them as ambassadors and tell our story SUPPORTING OUR PEOPLE: PEOPLE PLAN
  • 60.
  • 61. 18,000hrs volunteered by colleagues since 2010 £1mraised for charities £175,000fundraised for local charities, Diabetes UK, Race for Life and Movember in 2014 80%agree 80%agree 78%agree “We use our scale for good” up 11% on 2013 “I am encouraged to participate in our social responsibility initiatives” up 2% “Tesco Bank brings benefits to my local community” up 6% COMMUNITY IMPACT
  • 65. Introducing the new sixth generation IIP Framework
  • 66. Introduction to Investors in People Investors In People | • We help organisations to improve performance, be more productive, to change and to grow • We believe that engagement, skills, communication, motivation and ownership make a big difference to performance • Investors in People is a good practice Standard based on the features of high performing organisations. • It is the only international Standard to link your ambition and your people practices. • The Investors in People accreditation is recognised across 25 countries and held by over 15,000 businesses. #IIPSConf2015
  • 67. Investors In People | Features • Based on latest research on high performance • Working with external, independent specialists • Accreditation at Platinum, Gold, and Silver levels • Opportunity to benchmark against other organisations Advantages • Identifies the key people issues which will drive business success • In depth insight into your culture and practice • Advice and guidance from industry experts • Tailored to the specific needs of each organisation’s business priorities • External recognition of your commitment to customers and stakeholders Benefits* • Improved performance and productivity • Improved motivation and morale • Improved capability to achieve business goals • Better reputation * based on University of Glasgow research #IIPSConf2015
  • 68. Key changes in the Framework 15/06/2015 Investors In People | What is Staying • Driven by your purpose and organisation ambition • Focus on leadership, engagement, people development and improvement • Continuous improvement remains an integral part of Investors in People approach What is Changing • Replacing Plan Do Review • Simplifying by reducing duplication What is New • Based on High Performance Working Research • New focus on Structuring Work and Creating Sustainable organisations • Introduced Maturity levels to support change #IIPSConf2015
  • 69. The new framework: Key principles 15/06/2015 Investors In People |  Everything starts with your organisation ambition  The framework is based on the concept of sustainable high performance through people  Reflects the 9 key areas to enable high performance through people  Organisations use the Framework to develop practice using the levels of maturity  Each indicator has 3 themes  Organisations are reviewed at the criteria level within the framework  Focus on leaders and people #IIPSConf2015
  • 70. The concept of maturity levels 15/06/2015 Investors In People |#IIPSConf2015
  • 71. High Performance Heat Map 15/06/2015 Investors In People | #IIPSConf2015
  • 72. The IIP Survey Tools 15/06/2015 Investors In People | • Survey tools will be available to support the review process • Allows an effective measure of how far practices are embedded • Allows tailoring of the review to specific themes or parts of the business • Can be integrated within in house survey tools • Will allow benchmarking against other organisations 6.81 1.12 5.00 5.00 5.30 4.56 4.89 4.67 3.48 5.00 0.00 1.00 2.00 3.00 4.00 5.00 6.00 7.00 Indicator 1. Leading & Inspiring peopleIndicator 2. Living the organisationÍs values and behavioursIndicator 3. Empowering and involving peopleIndicator 4. Managing performanceIndicator 5. Rewarding and recognising high performanceIndicator 6. Structuring workIndicator 7. Building capabilityIndicator 8. Delivering continuous improvementIndicator 9. Creating sustainable successMaturity level predictor Alignment Indicator ALIGNMENT AGAINST THE STANDARD #IIPSConf2015
  • 73. 15/06/2015 Investors In People | Timetable • New Framework will be available to use in August • Period of transition to allow organisations to complete work with current Framework if appropriate • Our Specialists will advise you on the best course of action #IIPSConf2015
  • 74. / Coffee Break 20 minutes Wifi: Press-Internet Password: Press_5508_2 #IIPSConf2015
  • 75. Andrew Coetzee Business Development Investors in People Scotland The new framework #IIPSConf2015
  • 76.
  • 78. Discussion Where does your organisation currently fit? Where would you like it to fit? How will you get there? #IIPSConf2015
  • 79. Where does your organisation currently sit against indicator 9? Respond at PollEv.com/investorsinp905 Text INVESTORSINP905 to 07624806527 once to join, then text A, B, C, or D Answers to this poll are anonymous #IIPSConf2015
  • 80.
  • 82. / Drinks and Canapés will be served in the exhibition and catering area overlooking the Sir Chris Hoy Velodrome #IIPSConf2015