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Human Capital Growth Webinar: Better performance, less management the gap inc. story

Human Capital Growth
19 de Jul de 2018
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Human Capital Growth Webinar: Better performance, less management the gap inc. story

  1. Better performance, less management The Gap Inc. Story September 27th, 2017 1 Webinar
  2. CopyrightHumanCapitalGrowth.AllRightsReserved. 2 Host Dr. Shreya Sarkar-Barney CEO & Founder Human Capital Growth
  3. Talent Planning and Performance Anika Briner Rob Ollander-Krane Presenters
  4. CopyrightHumanCapitalGrowth.AllRightsReserved. 4 Leadership Excellence Talent Management Excellence US India We help organizations achieve better outcomes through talent using science, analytics, and empathy. Drive business impact through timely talent actions Evidence-based solutions for measurable and sustained improvements in leadership
  5. Which of the Following Best Describes your Company’s Performance Management Process? 5 7 59 13 21 0 10 20 30 40 50 60 70 A thorough calibration process is used to ensure equity in performance ratings All employees receive annual performance ratings from their managers Employee performance is evaluated multiple times each year Employees receive performance coaching but no rating
  6. Which of The Following is True About Your Company’s Performance Management Process? 6 29 32 38 0 5 10 15 20 25 30 35 40 45 Our performance management process has not changed for more than three years We are planning on changing our performance management process in the next 12 months We changed our performance management process within the last three years
  7. Common Concerns 7 26 40 19 15 0 5 10 15 20 25 30 35 40 45 Burdensome process Disconnect between performance ratings and performance Disconnect between performance ratings and raises Lack of fairness in ratings
  8. Topics of Greatest Interest 8 29 35 22 13 0 5 10 15 20 25 30 35 40 Building an ecosystem to support a new performance management system Linking performance to decisions about pay, promotion, and bonuses Pros and cons of abandoning performance ratings Role of HR in changing the performance management process
  9. The big headlines RatingsReview
  10. • Business performance was erratic • Process was complex, time consuming and expensive • Employees disliked the process • Company going global • Thought leaders were saying… change Why we did it
  11. How we did it? Design • Assembled a team • Developed a process and brand • Created a flexible change plan Analysis • Conducted research • Benchmarked • Asked leaders Continuous Improvement • Measured • Refined Implement • Communicated • Launched • Built Capability
  12. What the research told us Daniel Pink — Drive • Traditional performance management drives productivity but squelches creativity and innovation Samuel Culbert — Get Rid of the Performance Review • Reviews, ratings and forced distribution curves are demotivating • Frequent informal performance conversations are key to driving performance Dr. David Rock — Coaching with the Brain in Mind • Neuroscience points to the need to rethink how we give feedback to minimize threat and unlock creativity Dr. Carol Dweck — Mindset • A Growth Mindset drives performance – intelligence can be developed • Embrace challenges, persist in the face of setbacks, see effort as the path to mastery, learn from feedback, find inspiration in others’ success There is a gap between what science knows and what business does
  13. Gap Inc.’s approach to performance management… More of the performance, less of the management
  14. Growth Mindset (Intelligence can be developed)
  15. Ratings
  16. We set tough objectives and work hard to exceed our goals. We do what it takes to win in the marketplace with integrity. We live the values of our company. If we fall short of hitting our goals, we quickly learn from our experience and strive to win. Managers inspire and drive performance of their teams through regular coaching and feedback.
  17. • No more than 8 goals • Use SMART • Create outcomes… not lists of tasks • Have a stretch component • Determine appropriate timeframe • Documented • Dynamic
  18. Review
  19. • Regular cadence of discussion • Includes goals, performance against the standard, key relationship effectiveness, development plans • Doesn’t wait until the end of the journey
  20. • Separate process from performance • Based on goal achievement and performance against the standard • Not tied to ratings • New concept: pre-calibration
  21. • Grounded in Growth Mindset • Built Goal Setting and Feedback Skills • Increased Rewards Understanding
  22. Frequency: • 90% of surveyed employees are having monthly TBs Quality • Want more feedback 4.1 • See better performance 4.2 • Are learning 4.2
  23. More of the performance, less of the management
  24. CopyrightHumanCapitalGrowth.AllRightsReserved. Additional Resources HCG Webinars Take Your Performance Management from Hate to Love Boost your HR Practices with Design Thinking New approach to People Analytics Click on the icons to access the webinars. 25
  25. 26 Talent Management Excellence Leadership Excellence STRATEGY AUDIT DESIGNANALYTICS EDUCATION DEVELOP ALIGN ASSESS What We Do
  26. CopyrightHumanCapitalGrowth.AllRightsReserved. 27 Thank You! For more information contact Shreya Sarkar-Barney, Ph.D. www.linkedin.com/company/human-capital-growth @hcgtm info@humancapitalgrowth.com www.Humancapitalgrowth.com Follow us shreya@humanpitalgrowth.com @sarkarbarney https://www.linkedin.com/in/sarkarbarney/
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