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Release Date: 2023-02-09
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Workday Commercial Allegro Funds rescues companies by listening Spot


Allegro Funds rescues companies by listening to employeesMelita Swartz, human capital operating partner, shares how Allegro Funds uses Workday Peakon Employee Voice to determine employee sentiment in each of its investments, helping to identify workforce strengths, opportunities, and challenges. The ongoing information stream informs and iterates robust people and culture strategies based on data. Learn more: https://www.workday.com/en-us/custome...0:02 foreign0:03 [Music]0:08 Capital operating partner with Allegro0:11 funds Allegro is a private Equity Firm0:14 that invests in Australian and New0:17 Zealand businesses and we currently0:19 manage and operate 12 portfolio0:21 companies the Allegro team are really0:24 smart they're very data driven and0:27 they're very analytical investment0:29 professionals so when I'm talking to0:31 them about people and the risks and the0:34 challenges within the business I have to0:37 make sure I give them data and evidence0:39 for them to be able to understand what's0:42 really going on which is really why we0:44 invested in picon in the same way that0:47 we use financial data customer and0:50 operational data to look at how our0:52 businesses are performing we can now use0:55 pecan to look at employee sentiment we0:58 use pecan just as an ongoing listening1:01 and learning tool so you know doing much1:04 more regular surveys is making it part1:06 of the usual business Cadence pcon also1:08 enables you to Deep dive into segments1:11 and particular topics that might be of1:13 interest we're really interested in1:16 diversity and inclusion so for us to be1:19 able to dig in the data and really1:22 review segments such as the female1:24 segment or a particular age segment is1:27 really useful to help us drive our1:29 priorities and strategies allegro's1:32 partnership with pcon is really really1:34 important it really does allow us to1:38 become a much more data-led business1:41 where we can actually understand what's1:43 happening in our portfolio companies you1:46 can't ignore the data and it really does1:49 hold our leaders much more accountable1:51 for making sure that the people's1:53 strategy is right that engagement and1:56 culture levels are where they should be1:58 our next step with pecan is to really2:00 align the pecan data and employee2:03 sentiment with other HR metrics2:06 Financial customer and operational data2:09 so if we can really show the correlation2:12 between employee sentiment and business2:14 performance and value creation it2:17 becomes very very powerful for us


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