“Engaging leadership is critical for improving productivity in Wales”, says Barbara Chidgey, Executive Chair of The Leading Wales Awards Consortium, as nominations open for this year’s only pan-Wales leadership awards.
Research conducted by the Office for National Statistics in 2016 showed that Wales’ labour productivity was almost 20% below the UK average in a year where the national gap was the widest in five years.
Gallup’s Global Workplace found that only 17% of UK employees are engaged, or emotionally invested in and focused on creating value for their organizations. Gallup found a positive statistical correlation between employee engagement and productivity (and therefore profitability). They concluded that increasing employee engagement is one of the best ways to improve productivity.
“The truth is, while there are some great organisations doing great work in Wales, everywhere you look, whether that’s within NHS Wales, our education systems or in business there is a call for outstanding leadership to help drive change,” says Ian Price, director of CBI Wales and Leading Wales Awards Consortium member.
“Research shows a positive statistical correlation between employee engagement and productivity (and therefore profitability). Increasing employee engagement is one of the best ways to improve productivity. That is part of what we are hoping to showcase in our drive to identify brilliant examples of leadership though the 2017 Leading Wales Awards.”
A series of Leadership Conversations, facilitated by Barbara Chidgey, Ashridge Coach and chair of the Leading Wales Awards, will be hosted during April and May at different venues across Wales with the aim of exploring how organisations’ leaders can best influence employee engagement positively.
Last year’s winner of Leadership in the Private Sector, Scott Liddle, operations directorfrom Acorn added: “Research consistently shows that effective and inspirational leadership is a critical part of organisational health. Engagement and creating engaged employees is something that leaders of all organisations can influence (whether a micro-business or multi-national).”
“We are hopeful that these Leadership Conversation events will help even more people across Wales to understand just how important their leadership role is, what a real difference it makes and give them the opportunity to shout about it. Together, we can all create change,” concludes Price
The Leading Wales Awards, now in their 13th year, seek to identify, recognise and celebrate individuals whose leadership is making a real difference in Wales. The nomination period runs from Monday 3rd April to Friday 26th May 2017. There are 8 categories. Click here to download a nomination form.
The Consortium partners are ACCA Cymru Wales, CBI Wales, FSB Wales, Hilton Cardiff, Learning Pathways Cymru and Wales Cuncil for Voluntary Action (WCVA).