15Five Launches AI-Powered Predictive Impact Model, Helping HR Leaders Maximize Investments in Employee Engagement with Pinpoint Accuracy

Artificial IntelligenceHR TechnologyNews

By Business Wire On Nov 12, 2024

New model harnesses machine learning and 15Five’s vast dataset spanning 6 years, 30 million responses and thousands of organizations
Latest platform evolution also includes Co-Planner, an AI-powered assistant for strategic HR planning, and manager-led action plans

15Five, the strategic performance management platform that drives action and impact, today announced its Predictive Impact Model, an AI-powered data model that helps HR teams confidently build strategic action plans to maximize employee engagement with the confidence of precise, predictive insights and recommendations.

The total global economic cost of disengaged employees exceeds $8.8 trillion annually, according to Gallup. While organizations collectively spend billions to address the problem, they often struggle to identify the most actionable causes of disengagement and strategically deploy limited resources to improve it.

“We now have over thirty years of science proving that engaged employees are an incredible strategic advantage, leading to higher profitability, productivity and employee retention. But fixing engagement still feels like a guessing game for too many organizations, and they struggle to take action,” said Jeff Smith, PhD, and 15Five’s Chief Product Officer. “With the launch of the Predictive Impact Model, we’re capitalizing on our rich dataset and new advances in AI to help every organization surgically diagnose and address specific pockets of disengagement with more confidence and precision than ever before.”

“We now have over thirty years of science proving that engaged employees are an incredible strategic advantage, leading to higher profitability, productivity and employee retention. But fixing engagement still feels like a guessing game for too many organizations, and they struggle to take action”

15Five’s AI-Powered Predictive Impact Model

15Five’s Predictive Impact Model layers machine learning atop the company’s proprietary employee engagement dataset spanning over 6 years, 30 million responses and 600,000 surveys across thousands of organizations.

The resulting predictions provide a clear and accurate representation of how changes in specific statements from employee engagement surveys can improve engagement, giving HR teams extremely specific, actionable areas to improve. For example, 15Five’s Predictive Impact Model might indicate that employee engagement for high performers in an organization’s engineering department could be improved by 5.2 points if the HR team were to focus on limiting distractions in the workplace. These predictive insights are prioritized by their potential for impact, allowing HR leaders to focus only on the most critical areas for improvement.

15Five’s Predictive Impact Model builds on the executive level insights the company made available in its HR Outcomes Dashboard in June, giving HR teams an even more powerful way to understand the intersection of employee performance, engagement, and retention data across multiple dimensions. Variations in the causes of disengagement across an organization are common, making it critical for HR teams to customize their strategy to specific employee segments. 15Five allows HR teams to filter by various employee cohorts spanning age, gender, and department, as well as by performance designations and engagement levels, leading to more targeted and effective strategic plans.

“When we looked at the size, scope and completeness of our dataset on engagement alongside new advances in explanatory AI, we saw an incredible opportunity to help HR teams understand and act on pockets of disengagement in their organization like never before,” said Elizabeth Pemberton, PhD and 15Five’s Staff Data Scientist who led the development of the Predictive Impact Model. “We’re so excited to get this into the hands of every HR team. With a dynamic view of engagement across key demographics and employee groups, and more specificity than ever on what’s working and what’s not, every HR team can stop guessing and confidently take action.”

AI-Powered Assistance for Strategic Planning, and New Manager-Driven Plans

15Five is also helping HR teams transition from diagnosis to strategic planning with the announcement of a new AI-powered assistant for HR, and new action planning capabilities.

Co-Planner is an AI assistant inside the 15Five platform that gives in-context guidance and recommendations during the strategic planning phase, making it easier to take action. HR teams can interact conversationally with Co-Planner, getting real-time answers to questions about how to interpret specific findings, and which strategic actions have the highest probability of yielding positive impact.

From there, organizations can use 15Five’s strategic action planning tools to organize their employee engagement programs into coordinated campaigns focused on the needs of specific segments. Initially launched in June for HR teams, action plans can now be created and led by people managers to enable stronger collaboration with HR teams and a greater sense of accountability.

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