Transform Hiring with HaaS & Ikigai: Aligning Passion and Purpose ??

Welcome back to "Hiring Insights: Data, AI & Us." This week, we're exploring a critical aspect of talent strategy: Hiring as a Service (HaaS) and how it can help you find your Ikigai.

"The quality of your life is determined by how you spend your time." - Brian Tracy

The average person spends between 70,000 and 90,000 hours at work. That is significant.?Yet, according to the Gallup 2023 Engagement Report, over 62% of adults do not feel engaged with their work, and many of those feel burned out.

The business loss of Low Engagement is estimated at $8.9 Trillion. But, this is about more than just productivity or retention. It's also about how we spend those 90,000 hours, a large portion of our precious few days on Earth.

Ikigai as a Career Framework

The Japanese concept of Ikigai, which means "living with meaning," provides a framework for aligning your passion, mission, profession, and vocation.

In his book "Blue Zones," Dan Buettner explores regions where people live exceptionally long and healthy lives, including Okinawa, Japan, where Ikigai is the daily motivator.?

Okinawans' strong social framework gives them a sense of belonging and purpose.?

Adopting an Ikigai-inspired approach in organizations translates to creating an employee-centric workplace ecosystem rather than placing people in ill-fitting roles. Is it worth it? On an individual level it is easier to why. Yet the business case is solid as well. Businesses with engagement employees avoid a portion of the $8.9 Trillion lost to disengagement and all of its negative consequences.?

When I coach candidates I advise them to find their Ikigai with the following steps before they consider their next role:

1?? What You Love: Identify your passions

2?? What You Are Good At: Recognize your skills

3?? What the World Needs: Align with a greater purpose

4?? What You Can Be Paid For: Ensure it's financially sustainable

When we find the intersection of these four elements, we unlock our Ikigai—a way of being where our work resonates deeply with our life's purpose.?

Integrating Ikigai with HR through HaaS

Where does this fit in the business world? I see a clear use case in Hiring as a Service. Hiring as a Service (HaaS) bridges the gap between Ikigai and Human Resources, creating a synergy that benefits employees and employers. HaaS focuses on placing the right people in the right roles and ensuring they align with their Ikigai. This approach has significant benefits for both employees and employers:

• Enhanced Engagement and Satisfaction: Employees who find their Ikigai are more engaged and satisfied with their work, leading to higher productivity and better outcomes.
• Reduced Burnout and Turnover: When people are passionate about their work and feel a sense of purpose, they are less likely to experience burnout and are more likely to stay with the company.
• Increased Innovation and Growth: A workforce aligned with their Ikigai is more creative and innovative, driving the company forward.

For companies, this means creating an environment where employees can thrive and contribute to a positive and dynamic workplace culture.?

How HaaS Can Help You Achieve Ikigai in HR

?? Assess Current Roles and Needs: Evaluate your current positions and identify areas where there may be misalignment between employees' skills and roles.

?? Leverage Data and AI: Use advanced analytics to match candidates to roles that fit their Ikigai, ensuring a better fit and higher engagement.

?? Foster a Supportive Culture: Encourage continuous learning and development, allowing employees to grow and align their work with their passions and skills.

?? Regular Feedback and Adjustments: Implement regular check-ins and feedback loops to ensure employees remain aligned with their Ikigai and make adjustments as needed.

HaaS Success Stories

Companies that have implemented HaaS and focused on aligning their workforce with their Ikigai have seen remarkable results:

• A tech company using HaaS reported a 30% increase in employee satisfaction and a 20% boost in productivity within the first year (Care Quality Commission) (Oracle).

• A healthcare firm saw a significant reduction in turnover rates, saving millions in recruitment and training costs (Medriva) (Becker's Hospital Review).

These companies demonstrate that by integrating the principles of Ikigai into their HR strategies, they can foster a more engaged, productive, and loyal workforce. This alignment benefits employees and drives innovation and business success.

These companies found that adopting Ikigai leads to success:

• Zappos: Known for its unique corporate culture, Zappos aligns employees' passions and skills with their roles, leading to high engagement and retention. They assess cultural fit meticulously during hiring and offer new employees a payout to leave if they feel misaligned, ensuring those who stay are truly committed.
• Google: Google supports finding Ikigai by offering opportunities for personal growth and continuous learning. Their 20% time policy allows employees to spend 20% on passion projects, fostering innovation and engagement.
• Patagonia: Patagonia aligns employees' personal values with the company's mission of environmental sustainability, encouraging engagement in meaningful work. This approach leads to high job satisfaction and loyalty, making employees feel their work is purposeful and impactful.

?? Want to learn more about Hiring as a Service or integrating the principles of Ikigai into your HR strategy? Send me a DM or contact me here ??

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Sources:

1. Gallup - Employee Engagement Stagnates
2. Gallup Global Engagement Index
3. Deloitte - Catalyst 2030: Growth Opportunities in Germany
4. Pennsylvania Hospitals: Successful Strategies for Reducing Staff Turnover
5. Hospitals average 100% staff turnover every 5 years — Here's what that costs