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Executive Briefing




       The Executive’s Guide to Employee Assessments
Employee assessments – 10,000 foot overview
                                                         In many organizations, personnel costs are among the largest budget line items, and given the
                                                         top challenges facing CEO’s, organizations need their leaders, managers, and people aligned
                                                         and working together at the highest levels of performance.

                                                         Employee assessments can give organizations and managers consistent, in-depth, and
                                                         objective information about their people. This includes the employee’s:

                                                                • Fit with organizational culture, job, manager, and team
                                                                • Knowledge, skills, job performance, and developmental needs
                                                                • Preferred learning and communication style
                                                                • Integrity, reliability and work ethic, and attitude towards substance abuse
                                                                • Response to conflict, stress, and frustration, and likelihood of aggression

                                                         Information uncovered from assessments helps leaders and managers rely less on gut instinct
                                                         and make smarter people decisions. The specific benefits include:

      The top ten challenges facing CEOs:                       • Selecting people most likely to succeed in a job
                                                                • Accelerating time for people to become fully productive in a new role
1.    Excellence in execution                                   • Improving alignment and communication between managers and employees
2.    Consistent execution of strategy                          • Reducing workforce conflict and improving employee satisfaction
                                                                • Maximizing each employee’s contribution to the organization
3.    Speed, flexibility, adaptability to change
                                                                • Reducing employee absenteeism and turnover
4.    Global economic performance                               • Reducing frequency and cost of theft
5.    Risk management                                           • Increasing sales performance and customer loyalty
6.    Sustained and steady top-line growth                      • Enabling strategic workforce management and succession planning
7.    Customer loyalty/retention                                • Increasing overall workforce capability, productivity, and agility
8.    Improving productivity
                                                         Although an HR department may manage the day-to-day administration of an assessment
9.    Business confidence
                                                         program, these initiatives thrive in the organization when sponsored by senior leaders who
10.   Profit growth                                      are committed to building and retaining a high performing workforce.
                              Source: Conference Board




                                                                                                       The Executive’s Guide to Employee Assessments | 2
The Executive’s Guide to Employee Assessments

Why do organizations really need assessments?

                                              Assessments immediately reveal much more consistent, in-depth, and objective
                                              information about employees than most managers could uncover on their own.

                                              Many factors inhibit organizations and managers from acquiring enough information and the right
                                              information about their employees to make the best possible decisions for both the organization and the
                                              individual. There are three reasons for this:

                                              1. Employees have a tendency to embellish their qualifications. According to the Society of Human
                                              Resource Management (SHRM), 53% of resumes they reviewed contained false information. And others
                                              who don’t embellish their resumes may lie during a job interview. The workplace is full of people vying
                                              either to get hired or to get promoted to the next level. In a game of relatively high-stakes, many people
                                              will ignore the risks of lying in order to compete for a position.

                                              2. Managers have a tendency to “filter and scrub” employee performance reviews. In our litigious
                                              culture, few former employers will provide a negative reference about a job candidate. Even performance
                                              reviews are filtered through an employee’s immediate supervisor, who, though well intentioned, may be
                                              less than fully objective. We’ve known supervisors who felt threatened by rising stars, and who
                                              downplayed their subordinates’ talents, accomplishments and potential. And we’ve seen those who,
                                              fearing they’d lose a good employee to a promotion, quietly sabotaged their own people’s upward
                                              mobility.

                                              3. People are just plain difficult to read. Employee behavior is often compared to an iceberg—about 90%
“My main job was developing talent. I was
                                              of our behaviors are explained by factors that, on the surface, cannot be easily observed or understood in
a gardener providing water and other
                                              a meaningful context. Without advanced training in psychology, many of these behaviors are difficult--if
nourishment to our top 750 people. Of         not impossible--to detect, and the manager is at a disadvantage.
course, I had to pull out some weeds, too.”
                 Jack Welch                   Valid assessments can uncover truthful information about the employee in a very cost and time
                                              effective manner.


                                                                                                  The Executive’s Guide to Employee Assessments | 3
The Executive’s Guide to Employee Assessments

Good information enables better management of your workforce

                                      What if your employees came with an instruction manual?
                                      Think about the cost of your organization’s last few hires. Aside from salary and
                                      benefits, there’s the cost of advertising for the job, the investment in training, and
                                      the price of getting a new worker up to speed. An organization wouldn’t spend
                                      $40,000, $50,000, or more on a piece of equipment without a careful understanding
                                      of what the equipment can do, a rigorous selection process, proper training,
                                      documentation, guarantees, and warrantees. Before you purchase equipment, you
                                      want to know how it works and whether it’s right for you. Before you operate that
                                      equipment, you’ll probably want to look at a user’s manual.

                                      Yet, every day we see businesses hire and deploy employees with little or no thought




            “
                                      to helping managers understand how these employees work and whether they are a
                                      good fit. Organizations don’t seem to appreciate that employee assessments can
                                      serve as a valuable “user’s manual” for managers to get the most from their people.
                                      For this reason, we believe anyone who manages people or runs a business should
    In a time of turbulence and       know about the value of employee assessments.
  change, it is more true than ever
                                      If your organizations is like most, your most valuable assets are your people. You
     that knowledge is power.         invest a lot in them, and they give a lot back. They’re the company’s public face, the
        John Fitzgerald Kennedy       lifeblood. Of course, you need to know them… but that is easier said than done.




            ”
                                      We encourage you to contact us today so that we can show you firsthand the
                                      valuable information that our assessments reveal and how your managers can
                                      apply our talent management solutions to help maximize workforce productivity.


                                                                                The Executive’s Guide to Employee Assessments | 4
Source : Profiles Inernational Vietnam
Visit http://profilesvietnam.com/en/whitepapers-
case-studies/whitepapers to download full

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The executive’s guide to employee assessments.ppt

  • 1. Executive Briefing The Executive’s Guide to Employee Assessments
  • 2. Employee assessments – 10,000 foot overview In many organizations, personnel costs are among the largest budget line items, and given the top challenges facing CEO’s, organizations need their leaders, managers, and people aligned and working together at the highest levels of performance. Employee assessments can give organizations and managers consistent, in-depth, and objective information about their people. This includes the employee’s: • Fit with organizational culture, job, manager, and team • Knowledge, skills, job performance, and developmental needs • Preferred learning and communication style • Integrity, reliability and work ethic, and attitude towards substance abuse • Response to conflict, stress, and frustration, and likelihood of aggression Information uncovered from assessments helps leaders and managers rely less on gut instinct and make smarter people decisions. The specific benefits include: The top ten challenges facing CEOs: • Selecting people most likely to succeed in a job • Accelerating time for people to become fully productive in a new role 1. Excellence in execution • Improving alignment and communication between managers and employees 2. Consistent execution of strategy • Reducing workforce conflict and improving employee satisfaction • Maximizing each employee’s contribution to the organization 3. Speed, flexibility, adaptability to change • Reducing employee absenteeism and turnover 4. Global economic performance • Reducing frequency and cost of theft 5. Risk management • Increasing sales performance and customer loyalty 6. Sustained and steady top-line growth • Enabling strategic workforce management and succession planning 7. Customer loyalty/retention • Increasing overall workforce capability, productivity, and agility 8. Improving productivity Although an HR department may manage the day-to-day administration of an assessment 9. Business confidence program, these initiatives thrive in the organization when sponsored by senior leaders who 10. Profit growth are committed to building and retaining a high performing workforce. Source: Conference Board The Executive’s Guide to Employee Assessments | 2
  • 3. The Executive’s Guide to Employee Assessments Why do organizations really need assessments? Assessments immediately reveal much more consistent, in-depth, and objective information about employees than most managers could uncover on their own. Many factors inhibit organizations and managers from acquiring enough information and the right information about their employees to make the best possible decisions for both the organization and the individual. There are three reasons for this: 1. Employees have a tendency to embellish their qualifications. According to the Society of Human Resource Management (SHRM), 53% of resumes they reviewed contained false information. And others who don’t embellish their resumes may lie during a job interview. The workplace is full of people vying either to get hired or to get promoted to the next level. In a game of relatively high-stakes, many people will ignore the risks of lying in order to compete for a position. 2. Managers have a tendency to “filter and scrub” employee performance reviews. In our litigious culture, few former employers will provide a negative reference about a job candidate. Even performance reviews are filtered through an employee’s immediate supervisor, who, though well intentioned, may be less than fully objective. We’ve known supervisors who felt threatened by rising stars, and who downplayed their subordinates’ talents, accomplishments and potential. And we’ve seen those who, fearing they’d lose a good employee to a promotion, quietly sabotaged their own people’s upward mobility. 3. People are just plain difficult to read. Employee behavior is often compared to an iceberg—about 90% “My main job was developing talent. I was of our behaviors are explained by factors that, on the surface, cannot be easily observed or understood in a gardener providing water and other a meaningful context. Without advanced training in psychology, many of these behaviors are difficult--if nourishment to our top 750 people. Of not impossible--to detect, and the manager is at a disadvantage. course, I had to pull out some weeds, too.” Jack Welch Valid assessments can uncover truthful information about the employee in a very cost and time effective manner. The Executive’s Guide to Employee Assessments | 3
  • 4. The Executive’s Guide to Employee Assessments Good information enables better management of your workforce What if your employees came with an instruction manual? Think about the cost of your organization’s last few hires. Aside from salary and benefits, there’s the cost of advertising for the job, the investment in training, and the price of getting a new worker up to speed. An organization wouldn’t spend $40,000, $50,000, or more on a piece of equipment without a careful understanding of what the equipment can do, a rigorous selection process, proper training, documentation, guarantees, and warrantees. Before you purchase equipment, you want to know how it works and whether it’s right for you. Before you operate that equipment, you’ll probably want to look at a user’s manual. Yet, every day we see businesses hire and deploy employees with little or no thought “ to helping managers understand how these employees work and whether they are a good fit. Organizations don’t seem to appreciate that employee assessments can serve as a valuable “user’s manual” for managers to get the most from their people. For this reason, we believe anyone who manages people or runs a business should In a time of turbulence and know about the value of employee assessments. change, it is more true than ever If your organizations is like most, your most valuable assets are your people. You that knowledge is power. invest a lot in them, and they give a lot back. They’re the company’s public face, the John Fitzgerald Kennedy lifeblood. Of course, you need to know them… but that is easier said than done. ” We encourage you to contact us today so that we can show you firsthand the valuable information that our assessments reveal and how your managers can apply our talent management solutions to help maximize workforce productivity. The Executive’s Guide to Employee Assessments | 4
  • 5. Source : Profiles Inernational Vietnam Visit http://profilesvietnam.com/en/whitepapers- case-studies/whitepapers to download full