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Announcing: 15Five’s Predictive Impact Model
- 15Five has launched an AI-powered data model that helps HR teams build strategic action plans to maximize employee engagement. The Predictive Impact Model was developed in-house and builds machine learning on top of 15Five’s proprietary engagement dataset. The company said it allows HR teams to pinpoint engagement problems with greater accuracy using specific, actionable insights. Such insights have been prioritized by their expected impact. The model is also supported by a new AI assistant for HR known as Co-Planner, as well as action planning capabilities.
- 15Five’s view is that the new approach will replace the current practice of guesswork that has typically seen engagement figures plateau and leave businesses no better off than they were decades ago. Predictive Impact Model incorporates 30 years of research into employee engagement and is expected to give HR departments a clearer indication of specific disengagement pockets that can be targeted.
- The company’s ‘Co-Planner’ AI assistant supports customers during the strategic planning phase, with real-time responses to queries. The system also reveals which strategic action may have the highest chance of yields positive impact. Initially launched in June 2024 for HR teams, action plans can now be created and led by people managers.
- The global economic cost of disengaged employees is estimated to exceed $8.8tn annually, and engagement is viewed as a strategic asset. Despite such awareness, 15Five stated it remained a tricky area for many organizations, which sees them struggle to diagnose problems or take any effective action.
- 15Five’s Predictive Impact Model layers machine learning atop the company’s proprietary employee engagement dataset spanning over 6 years, 30 million responses and 600,000 surveys across thousands of organizations.The predictions provide a clear and accurate representation of how changes in specific statements from employee engagement surveys can improve engagement.
- The model is supported by an in-house development team who have been keen to leverage the company’s rich dataset alongside advances in AI to tackle the challenge of predictivity in the sector. The staff data scientist behind the model, Elizabeth Pemberton, stated that the system gave HR teams such specificity that “every HR team can stop guessing and confidently take action.”
- 15Five believes that it is moving beyond the current measurement-guess-hope approach that has left HR teams no better off than they were decades ago. The Predictive Impact Model is expected to help drive a measurable impact on businesses.
- 15Five’s strategic action planning toolkit is designed to enable stronger collaboration between HR departments and line managers and to foster greater accountability. As such, the company wished to make clear that with its new toolkit, the predictive precision provided by Predictive Impact Model, and the assistance of Co-Planner, organizations could finally have the clarity they needed to make strategic, effective changes to their engagement practices.
- Jeff Smith, PhD, and 15Five’s Chief Product Officer, affirmed the company's commitment to transforming HR with the new Predictive Impact Model: "we’re capitalizing on our rich dataset and new advances in AI to help every organization surgically diagnose and address specific pockets of disengagement with more confidence and precision than ever before."
- For those wishing to learn more or see a demo of the new AI-powered tools, 15Five provides details via its demo portal at www.15Five.com/demo.
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