Nearly 75 per cent of employees worldwide are not actively engaged in their work and their organisation, according to a new research.

Despite this statistic, private and public sector organisations across the global have recognised that fully engaged employees are crucial in an increasingly competitive global marketplace.

A new engagement model, which draws on key components of the Gulf Leadership Style, will be the solution to engagement issues both in GCC countries and globally, according to Oxford Strategic Consulting.

To address the real need for better engagement models, the UK/UAE-based consultancy is set to hold a VIP ‘Engaging Leadership: Styles, models and the future’ Summit on November 16 in Dubai, where it will reveal the first ever GCC-inspired engagement model as well as an engagement toolkit.

The action summit will explore how business leaders across the GCC can improve the day-to-day engagement of their employees using the latest technology and proven methods, said a statement.

OSC’s research indicated that increasing employee engagement is one of the cheapest and most effective ways of boosting staff productivity, loyalty and retention.

A more effective employee engagement model for GCC companies promises huge returns on investment, it said.

Moreover, those companies in the top quartile of engagement returned seven times more to shareholders over a five-year period than companies in the bottom quartile, it added.

Engagement is mainly impacted by three factors - the immediate leader or line-manager (40 per cent), an individual’s own propensity for enthusiasm and positivism (40 per cent), and finally the work environment (20 per cent), the research found.

An employee’s work environment, however, is the least important factor in determining high levels of engagement but is the major focus of most engagement processes, it added. - TradeArabia News Service