{"id":268072,"date":"2022-12-05T08:00:00","date_gmt":"2022-12-05T16:00:00","guid":{"rendered":"https:\/\/www.microsoft.com\/en-us\/microsoft-365\/blog\/?p=268072"},"modified":"2024-03-01T10:35:09","modified_gmt":"2024-03-01T18:35:09","slug":"5-ways-microsoft-viva-helps-businesses-save-time-and-money","status":"publish","type":"post","link":"https:\/\/www.microsoft.com\/en-us\/microsoft-365\/blog\/2022\/12\/05\/5-ways-microsoft-viva-helps-businesses-save-time-and-money\/","title":{"rendered":"5 ways Microsoft Viva helps businesses save time and money"},"content":{"rendered":"\n
Hybrid work has become the new norm. Organizations today must balance business outcomes with employee wellbeing, which is particularly difficult now that more people are regularly working inside and outside the office, and budgets are tightening. The consequences of this shift are many: organizations are struggling to set the right team goals, maintain culture, as well as recruit and retain the best people.<\/p>\n\n\n\n
Microsoft Viva<\/strong><\/a>, the first employee experience platform (EXP) built for the hybrid era, can help organizations address these challenges. Viva uniquely taps the power of AI and Microsoft Graph, engages people naturally within the flow of their work, and is built on the secure, extensible platform of Microsoft 365. A single, integrated EXP is even more essential now that there are economic uncertainties. Viva can help organizations do more with less by ensuring their people and projects are aligned to the most important business priorities and that they are empowered and supported to achieve them. In fact, 96 percent of employees who use objectives and key results (OKRs) understand how their work ties into broader goals, feel aligned, and have a sense of purpose within their organization.1<\/sup><\/p>\n\n\n Create a holistic employee experience.<\/p>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t\t\t\t\t\t\t When people are happy and inspired, they create their best work. They think and perform better, collaborate more, and deliver results that help the organization grow and flourish. Research shows that when companies invest in their people and focus on improving the employee experience<\/a> and engagement, they can directly improve retention<\/a> and profitability. In fact, highly engaged employees are 12 times less likely to leave their company than those who are not engaged,2<\/sup> and organizations with highly engaged employees have 23 percent greater profitability.3<\/sup><\/p>\n\n\n\n A new Total Economic Impact\u2122 Of Microsoft Viva<\/a> study by Forrester Consulting, commissioned by Microsoft, shows additional benefits. It found that a composite organization based on interviewed customers using Microsoft Viva realized a three-year 327 percent return on investment (ROI) with payback in less than six months. The study details five ways Viva can help organizations save time and money while improving business outcomes:<\/p>\n\n\n \n\t\t\tWork Trend Index\t\t<\/p>\n\t\t\n\t\t\tRead the report<\/span> <\/span>\n\t\t<\/a>\n\t<\/div>\n<\/div>\n\n\n\n In addition to the quantifiable benefits listed, Viva customers interviewed for this study experienced improved employee satisfaction and wellbeing<\/a>, easier security and compliance, enhanced analytics and insights, and interoperability with other Microsoft solutions. \u201cImplementing Viva was the fastest and easiest project ever. This is the highest-value implementation for our money we\u2019ve seen thus far,\u201d says the Chief Operating Officer of an electronics company. While the product owner of a consumer packaged goods (CPG) company shared, \u201cViva is a front door to everything. We\u2019ve realized improvements to employees\u2019 personal wellbeing, their ability to deliver, and company outcomes overall.”<\/p>\n\n\n \n\t\t\tMicrosoft viva insights\t\t<\/p>\n\t\t\n\t\t\tTry it now<\/span> <\/span>\n\t\t<\/a>\n\t<\/div>\n<\/div>\n\n\n\n Viva now has more than 20 million monthly active users and more than 1,000 paid customers\u2014including Cricket Australia<\/a>, RealFoundations<\/a>, Music Tribe<\/a>, Orkla<\/a>, and U.S. Bank<\/a> who are using Microsoft Viva to improve their employee experience. \u201cWith Viva Insights, we’ve found that more employees take focus time seriously. We started with 30 percent of employees practicing focus hours\u2014and we\u2019ve already seen that grow to 40 percent,\u201d says Saumil Gandhi, Senior IT Director, PayPal<\/a>. \u201cTen percent is a significant bump.\u201d Similarly, employees at Music Tribe are now spending an average of 10 hours per month on learning\u2014up from 0 hours\u2014thanks to Microsoft Viva Learning<\/a>. \u201cWe have an obligation to help upskill our employees,\u201d says Lorna Stubbs, Chief Human Resources Officer, Music Tribe. \u201cWe needed to invest in career planning, succession planning, and learning if we were going to help our employees grow along with us.\u201d <\/p>\n\n\n\n Visit our customer stories site<\/a> to read more examples of the impact Viva is having on employees across industries.<\/p>\n\n\n\n Download the Total Economic Impact\u2122 Of Microsoft Viva<\/a> study now to learn more about the measurable impact Microsoft Viva<\/a> can deliver for your employees and organization. Contact your Microsoft account team to inquire about Microsoft Viva.<\/p>\n\n\n\n 1<\/sup>The 2021 Goal Management Report<\/a>, Ally.io. June 2021.<\/p>\n\n\n\n 2<\/sup>What is Employee Engagement?<\/a>, Glint. 2022.<\/p>\n\n\n\n 3<\/sup>How to Improve Employee Engagement in the Workplace<\/a>, Gallup. 2022.<\/p>\n\n\n\n 4<\/sup>Great Expectations: Making Hybrid Work Work<\/em><\/a>, Microsoft. March 16, 2022.<\/p>\n\n\n\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t
Microsoft Viva<\/h2>\n\n\t\t\t\t\t
Enhance the employee experience to boost business outcomes<\/h2>\n\n\n\n
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Hear from Microsoft Viva customers<\/h2>\n\n\n\n
Learn more<\/h2>\n\n\n\n
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