Connect with us
Subscribe

Articles

The Area under the Curve ~ Employee Based Management

Published

on

Written by: Hazem Hassan

Publisher: Amira Haytham

The Area Under The Curve

Employee Based management sees the performance as one of the great idols of the management. Without performance, you are doing nothing. And as the traditional wisdom says “what you can’t measure, you can’t manage” so the question here is “if you can’t really measure your employee’s performance in terms of numbers, how will you be able to manage his/her performance?!!

Digital management is to translate each and every employee into numbers and curves not only that but to carefully analyze these numeric data to take the right scientific decision, and it uses the digging technique- and it is to well know and well define all the possible and impossible reasons behind the actions, which here is the performance- to get the main reasons behind the employee’s performance.

If there is a relation between the performance and the years of experience:-

  • What is the name of the area under the curve?
  • What is the value –in numbers- of the area under the curve?
  • What is the benefit of the area under the curve?

The next lines show an example with some numbers to answer these questions.The area A is the Experience Validity (EV)

Definition: It answers this question” does the years of experience have a real effect/impact on the performance?” 

Calculation:

Calculate the area under the curve by 1- the manual ways; drawing squares/triangles/rectangles to fill the area in or by 2- integrating the curve equation based the X axis values.

Here we will calculate two areas under the curve:-

  1. The first area; don’t consider the curve direction/the curve turning points/the curve slope magnitude and it we will call it (+A) contains losses.
  2. The second area; consider the curve direction and the curve turning points and the curve slope magnitude and it we will call it (+/-A) doesn’t contain any losses.

Then find this ratio:-

= (+A) / (+/-A)

Kindly note that the numbers in the following example isn’t a live numbers

For example:-

The next chart represents the relation between the years of experience and the performance and the blue curve shows this relation with this equation: –     Y = 0.2848X + 5.7785

The blue line contains three parts; the first part goes up, the second part goes down and the last part goes up.

The first line

The area under this line is

= Rectangle area + Triangle area

= (5*5) PUY + (0.5*5*5) PUY

=37.5PUY

PU Performance Unit

Y Years of Experience

The line slope is +1

And by the integration we can calculate it too

The line equation is y = 5+x

 =5X +0.5X2 +C

At X equals zero

=C    it is the integration constant.

At X equal five

= (5*5) + (0.5*52) +C

=37.5 + C

The area under the line will be = 37.5 + C – C= 37.5 PUY

The second line

The area under the line is

= (3*6) + (0.5*3*4) = 24 PUY

The line slope is 1.33333

And by the integration it will be

Y = -1.333X+16.667

= -1.333X2/2 + 16.667X + C

At X equal five

= -1.333(52/2) + (16.667*5) + C

=66.71 + C

At X equal eight

= -1.333(82/2) + (16.667*8) + C

=90.776 + C

The area under the curve = 90.776 + C – 66.71 – C=24.066 PUY

The third line

The area under the line is

= (17*6) + (0.5*17*7) = 161.5 PUY

The slope is +0.4118

By the integration it will be

Y = 0.4118 X + 2.7059

 

=0.4118X2/2 + 2.7059X + C

At X equal eight

= 0.4118(82/2) + (2.7059 *8) + C

=34.8248 + C

At X equal twenty five

=0.4118(252/2) + (2.7059 *25) + C

=196.335 + C

The area under the curve = 196.335 + C -34.8248 – C = 161.5102PUY

 

+A = (area 1 +A 2 + area 3) = (37.5 + 24 + 161.5) = 233 PUY

+/-A = (area 1 -area 2 + area 3) = (37.5 – 24 + 161.5) = 175 PUY

Why the second area in +/-A is negative?  -Because the performance is demolishing, so this area isn’t a gain but a loss.

Experience Validity = (+/-A) / (+A) = 175/233= 75.107%

So regarding to this example numbers; the years of experience affects the performance by 75.107%

That really means “experience isn’t just sum of working years you spent, but a real performance you performed”

The curve starts from the point E to D to C to B.

The area ABCD is the losses ideal performance area, all the area under the line EA is the ideal performance area, the area under the curve EDCB is the actual performance area.

The ideal Performance Area= the Actual Performance Area +the Losses ideal Performance Area

The ideal area- in case the employee performance curve starts from the point 5PU and keeps on going up in the same direction and there is turning points- = (5*25) + (0.5*25*25) = 437.5PUY

Losses area = 437.5-233 = 204.5 PUY

Experience idealism = (+/-A) / (ideal Area) = 175/437.5 = 40%

The Positive Performance Area = green

The Negative Performance Area = red

The Losses Ideal Performance Area = brown

What do you need to go through all these hassle?

  • The answer is; your employee’s performance equation.

How?

  • The answer is; know your employee.

Why?

Because

  • Your employee is your strategic partner.

And

  • Your employee is your internal customer.

Articles

Wellbeing @ Work Summit Middle East 2021 – where balance, resilience and authenticity break the Mental Health Stigma

Published

on

Written by: Cinzia Nitti

Globally, 2020 has been a year like no other. Coronavirus pandemic caused a massive business disruption; transformation has been key in supporting employees and catalyzing workplace changes. There was a rush to adapt and reinvent Business Models. Organizations had to rethink and reconsider how they deliver services and strengthen their Organizations through a forward-thinking Digital strategy. To be more agile and responsive in such uncertain times, we need to respond to challenges and adapt quickly to new scenarios by moving from rigid hierarchies to leaner and more flexible structures.

But what about Mental Health at Work, and why is it essential?

What’s the Office of the Future?

Within the Wellbeing @ Work Summit Middle East 2021, HR Leaders tried to normalize the conversation about Mental Health by putting the topic first, enabling self-care and professional support, raising awareness, and building knowledge around its related issues. Nowadays, personal and work life are more intertwined than ever, so it becomes vital to create balance: the more employees feel free to talk about Mental Health, the more they can prevent struggle and breakout at the Workplace. HR leaders play a crucial role in making an IMPACT by pushing new solutions, promoting work-life balance, redesign workloads, and supporting their Teams.

In this general frame, Irada Aghamaliyeva (MENA Diversity, Inclusiveness & Wellbeing Leader at EY) affirmed: “Workplaces that are inclusive foster enhanced employee wellbeing; employees with high levels of wellbeing are more inclusive”. How can Organizations increase employees’ resilience and embed sustainable Leadership behaviors in the post-covid reality?

Dr. Irada Aghamaliyeva introduced the Mindfulness practice in the Workplace and highlighted its benefits on a large scale: improved wellbeing and resilience on a physical level; positive emotions, self-regulation, empathy and awareness of social dynamics; learning and innovation thanks to the implementation of flexible thinking, intuition and problem-solving processes. So breaking the stigma is possible, starting from personal wellbeing to sustain positive energy and fuel resilience.

About the Power of Empathetic and Authentic Leadership, Dr. Rima Ghose Chowdhury (EVP & Chief Human Resources Officers at Datamatics Global Services) stresses the importance of Leadership roles today. The virtual environment employees are working in, makes them more vulnerable due to a lack of balance between emotional and authenticity traits. Authenticity is the primary factor in effective leadership, regardless of the leadership style. Putting employees first as a strategic priority and hearing their voices to guide strategy; embracing agility to work more effectively in tumultuous time; including a multigenerational work-force: these are the key concepts within Dr. Rima’s motto “Empowering is to enable”. Through motivation and filling emotional support needs, the Empowering Teams Process leads to employees’ safety, esteem, and self-actualization. 

The Wellbeing @ Work Summit delivers strategic direction, advice and inspiration from employers and experts from across the world to help you create a more compassionate corporate culture that delivers results. To know more about the FOW Future of Work Insights platform around the world, click here: https://fowinsights.com/

Continue Reading

Articles

The Wellbeing @ Work virtual Summit Middle East returns for its 5th annual event on 22-24 February 2021

Published

on

The summit provides an innovative and experiential virtual learning opportunity for our audience of CEOs, benefit and reward business leaders and senior HR professionals. The information and knowledge gained from attending this event allow the opportunity to make strategic wellbeing and mental health decisions within an organization, supporting our mission to create more flourishing and thriving workplaces. Never before has the mental health and wellbeing of your employees been so important. The Wellbeing @ Work Summit includes keynote speeches, panel discussions, workshops, and fireside chats alongside unrivaled networking with leaders across the Middle East using our AI-enabled matchmaking platform. This is far more than a webinar! An engaging 3-day event providing you invaluable insight and tools to create thriving workplaces.

Key Reasons to Attend:

  • An engaging AI-enabled matchmaking platform to make invaluable connections & host virtual meetings up to 2 weeks before the three-day festival
  • Learn how multinational organizations are creating workplaces where employees thrive in the new world
  • Campfire panel discussions informing workplace change & mental health solutions
  • Middle East-based employer case studies providing the secrets to employee wellbeing success
  • International experts bringing best-practice from across the globe
  • Invaluable networking with business leaders from across the Middle East

The Wellbeing @ Work Summit delivers strategic direction, advice and inspiration from employers and experts from across the world to help you create a more compassionate corporate culture that delivers results. The design and implementation of a holistic wellbeing and mental health programme that delivers healthy outcomes and a more productive organization is paramount right now. 

In addition, the results of the extensive Middle East region-wide survey on wellbeing and mental fitness in organizations across the region made in partnership with Cognomie will be presented during the event.

Continue Reading

Magazine

DECODING FUTURE HR: Global 24 hour virtual event | 19 and 20 January 2021

Published

on

DECODING FUTURE HR: Today’s challenges are tomorrow’s trends and opportunities

Global 24 hour virtual event | 19 and 20 January 2021

www.decodinghrevent.com

The world in 2020 has changed to a ‘new normality’ but what’s that ‘new normality’ everybody talks about? Is it here to stay? How is it affecting us in our daily lives in the different versions of ourselves? As a customer, an entrepreneur, a parent, a friend…a worker…

Our job is a key part of our lives and we are indeed living through a fundamental transformation in the way we work. Automation and ‘thinking machines’ are replacing human tasks and jobs, and changing the skills that organisations are looking for in their people. These momentous changes raise huge organisational, talent and other HR challenges. It has become clear that few organisations are likely to revert to pre-pandemic practices even after a vaccine is found.

Decoding Future HR 2021 is bringing you the ideology of how today’s challenges are becoming tomorrow’s trends and opportunities resulting in HR excellence.

Why you should attend:

  • Learn about the trends and best practices shaping future HR
  • Get valuable insights from expert speakers
  • Share ideas and research to help your organisation reach its goals
  • Understand what do employees want in ‘New Normal’
  • Develop new vision for HRBP and Centre of Expertise
  • Identify, integrate and understand stakeholders to create an intentional employee experience
  • Approaches and elements to leadership development.

Some of our confirmed speakers:

  • Tshepo Yvonne Mosadi , Human Resources Director, The HEINEKEN Company
  • Sarah Tabet, Global HR Director/ D&I Leader | Author for “Inclusion Starts with U”, Schneider Electric
  • Wadah Al Turki, Country Talent Manager KSA and Bahrain, IKEA
  • Lesha Chakraborti, Head of HR – EMEA, Travelex
  • Shaban Butt, Director HR & Administration, The Coca-Cola Company
  • Sajjad Parmar, Head of Rewards – APAC, eBay
  • Katey Howard, VP, Talent Management AMESA, Pepsico
  • Chen Fong Tuan, HR & General Affairs Director, Samsung Electronics
  • Prerna Ajmera, Senior Director, HR Experiences and Solutions, Microsoft
  • Václav Koranda, Vice President Human Resources / Member of the Board of Directors, T-System
  • Amy MacGregor, VP Employee Experience, Global HR, Manulife
  • Adwait Kashalkar, People Analytics and Programme Management Leader, APAC, Mastercard

Click here to view all speakers: www.decodinghrevent.com/speakers

At Wisdom we remain positive that ‘normality’ will soon return and that we will be able to physically meet together once again as speakers, delegates and sponsors at our beautiful venues around the world. But meanwhile, life continues and we need to keep in touch and learn from each other. This 24-hour virtual event will be of great benefit and value to your businesses and its continued development during these challenging times. While this virtual event comes at a lesser cost, it provides for now a wider reach into an international audience, with flexibility of access to content as well as allowing you to have the same opportunity as at a face-to-face session for one-to-one business meetings. We look forward to welcoming you in January.

Date and time: 19-20 January 2021Where: Virtual engaging platform
  Further information and bookings: www.decodinghrevent.com        Contact:
marketing@wisdom.events   #WSDM_BI
Continue Reading

HRCI

HRCI

Recent Posts

Articles1 week ago

Wellbeing @ Work Summit Middle East 2021 – where balance, resilience and authenticity break the Mental Health Stigma

Written by: Cinzia Nitti Globally, 2020 has been a year like no other. Coronavirus pandemic caused a massive business disruption;...

Articles4 weeks ago

The Wellbeing @ Work virtual Summit Middle East returns for its 5th annual event on 22-24 February 2021

The summit provides an innovative and experiential virtual learning opportunity for our audience of CEOs, benefit and reward business leaders...

Interviews1 month ago

Interview with Keith F Watson -Online Tutor ICS Learn

“We feature our student success stories in our monthly Student Newsletter, as we know this inspires learners to keep going...

Press Releases1 month ago

Gulf Sustainability Awards are open for entries

HR Revolution Middle East has been announced as an official media partner of the 2021 Gulf Sustainability Awards. Taking place...

Interviews1 month ago

Interview with Mohamed Faisal Al-Nizami, Country Manager at Mercer Egypt

“Nowadays, Reward in specific is one of the hottest topics that keeps execs busy, in a world that is shifting...

Interviews2 months ago

Interview with Dr. Sanjay Batheja, the Co-Founder and Director of Capital University College

“Capital University College believes in fostering young talent by giving students an international perspective and ideology to the industry. With...

Interviews2 months ago

Interview with Mr. Ishaq Ameen Alkooheji, Founder & Senior Consultant at IMA Consultancy

“The ROI methodology can be used for not only measuring the impact and ROI, but also for planning for better...

Magazine2 months ago

WELLBEING @ WORK SUMMIT 22-24 FEBRUARY 2021 MIDDLE EAST

Now is the time to make wellbeing & mental health at work a strategic priority The fifth annual Wellbeing @...

Corporate2 months ago

Interview with Mr. Vijay Gandhi, Regional Director of Korn Ferry Digital

“2021 is here and there has been never a tipping point like this before for governments and organizations to transform...

Magazine3 months ago

DECODING FUTURE HR: Global 24 hour virtual event | 19 and 20 January 2021

DECODING FUTURE HR: Today’s challenges are tomorrow’s trends and opportunities Global 24 hour virtual event | 19 and 20 January...

ICS Learn

ICS Learn

Categories

Trending

Hrrevolution News

Subscribe to our weekly newsletter below and never miss the latest News.