Page 7 - Lockton Total Rewards Practice
P. 7
Strategic processes
Lockton’s method of operation PLANNING LISTEN
01 02 03
Our core process, or method of
operation, is an annual process TOTAL REWARDS IDEAL PROFILE CONJOINT ANALYSIS
PHILOSOPHY
which is built to facilitate strategic
Leadership
Collection and analysis of
direction, review data, and simplify Using all the tools available collaboration qualitative and quantitative data
to attract, motivate, and
market opportunities. By providing retain employees to understand what employees
tools and expertise, we’re able want, need, and value
to drive a structured analytic and
planning process with clients on an
annual, and multiyear basis. OPTIMIZE
04 05 06 07
The following illustration highlights
the steps and tools utilized as part INDUSTRY INFOLOCK GROUP PLAN MULTIYEAR
of our method of operation. BENCHMARKS STRATEGY (GPS) STRATEGY
How do current What does your data What strategies How are we going to
programs compare tell us should we consider get there
to both market and
industry competitors
COMMUNICATE MEASURE
08 09
COMMUNICATIONS MEASURE
How do we best Review strategic plan,
communicate to your program performance,
members and people analytics
Overview — Lockton Total Rewards Practice 7 Lockton Companies
Lockton’s method of operation PLANNING LISTEN
01 02 03
Our core process, or method of
operation, is an annual process TOTAL REWARDS IDEAL PROFILE CONJOINT ANALYSIS
PHILOSOPHY
which is built to facilitate strategic
Leadership
Collection and analysis of
direction, review data, and simplify Using all the tools available collaboration qualitative and quantitative data
to attract, motivate, and
market opportunities. By providing retain employees to understand what employees
tools and expertise, we’re able want, need, and value
to drive a structured analytic and
planning process with clients on an
annual, and multiyear basis. OPTIMIZE
04 05 06 07
The following illustration highlights
the steps and tools utilized as part INDUSTRY INFOLOCK GROUP PLAN MULTIYEAR
of our method of operation. BENCHMARKS STRATEGY (GPS) STRATEGY
How do current What does your data What strategies How are we going to
programs compare tell us should we consider get there
to both market and
industry competitors
COMMUNICATE MEASURE
08 09
COMMUNICATIONS MEASURE
How do we best Review strategic plan,
communicate to your program performance,
members and people analytics
Overview — Lockton Total Rewards Practice 7 Lockton Companies
