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New HR Tool Bundles Engagement, Performance and Learning to Nurture and Retain TalentHR TECH Management NEWS People Development Resource RETAIN May 20, 2016
Intuo’s new talent management suite will bundle three important dimensions of talent nurturing and retention: engagement, performance and learning. This new talent management tool is developed with the intent to create high-performing, people-centric companies.
Tim Clauwaert, founder of Intuo said: “Employees used to exchange time for money, now they exchange skills for personal growth. Companies that can harvest this need for personal growth by linking it to their own business needs, are the ones that will thrive.”
Further the Belgian SaaS Intuo announces 850k Euro fundraising to develop the first 360° integrated suite for talent management to bridge the gap between well-being and business performance.
Happy employees – Today’s Competitive Edge
Happy employees are the ones who thrive the most at work. Employee happiness however is not that easy to reach; it requires a transparent career path, clear goals, a targeted coaching to achieve personal growth, and the feeling of being part of a team. Only that personal approach makes employees more engaged towards their employers and turns companies into more performance-oriented, innovative and agile businesses.
With employees switching careers every 4 years* (millennials on an average every 2.2 years), tech companies have to act faster and become more innovative in managing their talent. Intuo’s suite supports this strategy by helping companies manage their talent and get better personal and business results.
It now bridges the gap between well-being and business performance via their unique online tool and leadership training that bundle together all the important aspects of talent nurturing. Successful employers are the ones who manage to optimize the time spent at the company, while keeping the personal goals of employees and company opportunities aligned.
What Makes Employees Stay?
Intrinsically motivated, engaged employees will not only enjoy work more, they will also be more effective, more creative, better at conflict resolving and even have a better immune system. Also, these employees are less likely to experience negative effects of stress such as burn-outs. Engaged workers are also up to 87% less likely to leave the company.
A recent Gallup survey estimates at 9 billion euro the annual cost of lost productivity due to emotionally distressed and burnt out employees, in Germany alone.
Intuo’s suite can help companies make the complete switch from a practical work-model of time in exchange for money, to a new, human, work-model where skills and talent are also rewarded by the opportunity to grow.
Organizations that already have the right mindset can use Intuo’s tool and knowledge to facilitate conversations, personality-lookups, build transparent objectives, consolidate personal strengths and give/receive feedback and recognition. Others can use it to facilitate the transition and get to a people-centric business model step by step.
Tim Clauwaert continues: “Businesses must align personal growth with organizational goals: it allows talent to evolve with the company. And that’s where we differ with other tools in the market. We’re the only SaaS company, able to offer a full solution suite in the market.”
A 360° approach towards talent growth
Intuo was founded in 2013 by Belgian entrepreneurs Tim Clauwaert, Gilles Mattelin and Philip De Smet. The company’s story first began as a learning management system, but the SaaS is evolving to a 360° suite, including all important dimensions of talent management: engagement, performance and learning. All integrated, these dimensions allow talent to grow and evolve in sync with the company.
Intuo is about giving employees the opportunity to learn, changing from management to coaching, using continuous feedback to perform better every day, as well as encouraging and nurturing engagement. This results in a mindset of continuous growth.
Intuo’s three services:
Engagement: Well-being of employees is a number one strategic concern for companies, as it is one of the most relevant indicators of future business performance. The tool uses proven models in order to measure stress levels and engagement issues. It does so continuously, which allows employers to respond more quickly, avoiding employee churn.
Performance: The software facilitates flexibility in the organization by providing context for a culture of continuous real-time feedback helping employees to always perform better, linking performance to personal or team goals, providing a transparent profile of every employee with their aspirations and strengths and helping them develop in their right competences.
Learning: Intuo offers a central online hub to train employees, but also partners and customers. Intuo also empowers employees to participate in the business’ development by offering them the opportunity to anonymously suggest improvements to the working environment.
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