Alec’s work as a labor economist and organization behavior expert started a quarter century ago with research and consulting on people related topics such as human capital, employee engagement and talent analytics, strategic focuses that continue through today.
He is a thought and practice leader, combining the external view of labor market trends with deep knowledge of individual motivation and behavior, talent development and labor cost optimization. Alec helps companies identify how to maximize the ROI of investing in people: target financial investments to mutually benefit the organization and its talent, the most valuable asset that walks out the door every night and needs to be maximally engaged while on the job.
Areas of expertise include:
Accomplishments: Most comprehensive scientific evaluation of the drivers of retention and engagement for the new versus older generations of workers. Data collected from over 40,000 people in 19 countries worldwide.
Key insight: Separating myth versus reality for how organizations need to change to adapt to the new generation, how the new generation needs to adapt to the world of work, and which management practices are going to have the biggest impact.
Accomplishments: Assessed hiring profile for key frontline talent roles, and the career development and talent management systems needed to improve retention, motivation and productivity. The company used the results to restructure recruiting, training and development.
Key insight: How to tradeoff building capability for profitability today versus market share and strategic success in the long run in a rapidly expanding emerging market.
Accomplishments: Identified labor market return to skills developed on the job. Identified job design elements driving motivation, productivity and turnover for critical talent pools. Company used the results to change the work system and lower turnover.
Longitudinal component: Repeated the study design seven years later to measure changes in the factors driving motivation and engagement for the Millennial Generation versus Generation X
Key insights: The monetary and career development value which professional employees and their managers derive from a job. The role of job factors versus compensation as drivers of retention. Management techniques and processes for managing the new generation of workers.
Accomplishments: Designed measurement framework to evaluate new sales compensation program, identifying the drivers of and barriers to increased sales. Company used the results to optimize the compensation program and evaluate whether to institutionalize it.
Key insights: Deep understanding of the role of compensation in driving behavior that is aligned with the company’s strategic objectives.
Sponsored by Russell Sage Foundation and Rockefeller Foundation
Accomplishments: Company used the results to improve career paths for temps. Results also used to evaluate public policy implications of national growth in temp employment.
Key insights: The roles that temporary workers play vis-à-vis non-temporary workers in firms’ human capital strategies.
Accomplishments: Developed model for measuring and improving the business impact of executive coaching.
Key insights: Executives’ contribution to business performance often depends on the unique application of their own skills in combination with the actions of people on their team and throughout the organization.
Accomplishments: Analyzed company-funded basic skills remedial training programs to determine the ROI of companies filling in gaps left by the primary and secondary education systems. Results used to challenge conventional buy vs. build approach to managing basic skills in companies’ human capital strategies.
Key insights: Companies can capture the ROI from investing in workers’ basic skills by paying close attention to how the services are designed and delivered, and to their employees’ career development needs.
ALEC LEVENSON can be reached at:
Center for Effective Organizations
Marshall School of Business
University of Southern California
1149 S. Hill Street, #500
Los Angeles, CA 90015
Email: alevenson@marshall.usc.edu
Cell/Direct: +1-310-991-7215