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This care package was built by the Open Org Community for our Q4 2024 hackathon.

Special thanks to the following community members for contributing:

Steven Allinson, Amy Zhou, Andrew Shortland, Blaine McKeever, Brendan Yorke, Brittany Simpson, Deb Haas, Emilia Gontarz, Geeta Sood, Raluca Ghete, JaNaye Norman, Jennifer Codman, Jessica Larsen, Katie Wagner, Luana Pinto, Maria Patiño, Mila, Mandy Kutschied, Natalie Kovacic, Nicole Stephens, Nina Rieux, Rocío Garza Tisdell, Rosie Graham, Sara Halpern, Sarah Heard, Laure, Steve Allinson, Erin Cihal, Jill Felska

🙏🙏🙏

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Table of contents

⚡ The Problem

It’s hard to quantify and communicate the value of people initiatives to exec teams and stakeholders, which in turn makes it difficult to ensure adequate resources are allocated to them

🤷 Who Is This For?

People teams who need to:

1. Decide which initiatives to prioritise.
2. Communicate the value of those initiatives to leadership.
3. Secure resources to execute and sustain their goals.

➗ Quantifying the value of people initiatives

Value Definition

Quantifying people initiatives means translating qualitative improvements into measurable impacts on business outcomes. To do this:

1. Link Outcomes to Business Metrics:

   • Improved retention → Reduced hiring costs.
   • Faster decision-making → Increased revenue from shorter time-to-market.
   • Enhanced engagement → Higher productivity.

2. Choose Measurable Metrics:

   • Time savings (e.g., fewer hours in meetings).
   • Cost reductions (e.g., lower attrition costs).
   • Revenue impact (e.g., increased output from engaged employees).

3. Calculate Costs and Gains:

   Use a simple ROI formula:

   ROI = (Gains - Costs) / Costs

🚦ROI Calculator

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ROI Calculator

• Built-in examples for common people initiatives (e.g., onboarding, feedback culture).
• Customisable fields to adapt to specific initiatives.
• Based on the Open Org Culture OS </aside>