The new company performance equation.
April 2023 Microsoft revealed the new equation
The significance of this equation for the Enterprise is huge,why?
- Their research of the S & P 500 showed the impact of a 1% shift in employee engagement.
- $46,511 per employee, on the companies market value.
The significance is underlined when you take another reference point.
The Gallup Report
This showed global engagement on an upward trend over the last decade.
Good news till you read the global average for engaged employees 23%.
Worse when you look at the UK which ranks 34 out of 38 in Europe at 10%.
Just grasping these two numbers and studies makes you sit up and think.
Wow that's some opportunity.
And that's one side of the equation, productivity has been stagnant for years.
We'll come onto productivity when ewe look at AI later.
Now look at PWC and Munster Universities research.
Summarise here, the key numbers coming out of their joint study that researched results using Immersive technologies V Zoom/Teams/Video.
A 58% increase in Team closeness, the number one driver of engagement according to that other research giant Deloitte.
- 32% increase in problem solving
- 25% improvement in the ability to visualise and change plans.
- 28% increase in intense participation (engagement driver)
- 25% increase in planning
Download the Key Research Pieces here.
Microsoft Work Trends
Deloitte's Human Capital report
The research points towards Meta & Microsoft's partnership rationale.
And why key product releases are accelerating
- Microsoft Mesh gets the Teams communication infrastructure in July
- meaning anyone with Teams can use Mesh without firewall issues
- Meta scaling immersive technology access with the Meta Quest 3S at either £289 with 1 year warranty or £379 with 3 years warranty.
- Then Microsoft adding Mesh to its Office 365 release cycle
- And guest access arriving in October, albeit with IT admin required.
We start to see CEO's looking at 2025 and embracing the performance equation opportunity.
See our guide here
The opportunity to accelerate company performance is within reach.
Heralding in a new era of enterprise agility.
The Human Technology upgrade opportunity will transform companies.
- Cutting commuting time & cost
- Replacing Commuting with Teleporting
- Giving employees commuting time back for family, wellbeing and health.
- Whilst enabling them to address the "is it worth going into the office" question easily with "of course it is teleport in"
- The planetary impact could not be better timed
- Whilst the impact can be widespread from Town hall meetings , to recruitment, induction, training, project meetings.
What kind of ROI options are there?
Some Microsoft Mesh bespoke rooms and Meta Quest headsets, with a three year license come in for as little as £4k
To view Typical Bundles of Microsoft Mesh customised Rooms and Meta Quest headsets download here
What do you get in a bundle?
Meta Quest 3 headsets
Meta for business to manage policies across the headsets
Bespoke Auditorium rooms
Bespoke Rooms scenes - pitch rooms, training rooms
Chat and Bot support at the lower end
Implementation support and maintenance - 3 years subscription
The new company performance equation.
April 2023 Microsoft revealed the new equation
The significance of this equation for the Enterprise is huge,why?
- Their research of the S & P 500 showed the impact of a 1% shift in employee engagement.
- $46,511 per employee, on the companies market value.
Earlier we talked about the significance of a 1% increase in employee engagement
And removing 1 x 10 person meeting room costing £64,000 per annum. (london based calc)
Who wouldn't want to boost output by giving their workforce a productivity and engagement upgrade.
Especially if the payback was so fast?
Uneard of payback periods of less than 2 months.
Close 1 head office meeting room and save the 5 headset 5 room plus Auditorium £10k
- Centralised meeting rooms will always have a purpose
- However do you need so many when people Teleport in?
- And meet in virtual , immersive rooms?