SlideShare uma empresa Scribd logo
1 de 20
Baixar para ler offline
UNIFIED TALENT MANAGEMENT
THE ULTIMATE GUIDE
HOW TO CREATE ALL-STAR MANAGERS THAT
EMPLOYEES LOVE
Employees Quit Managers, Not Jobs ...............................................................................................................................................pg 3
Giving Managers Techniques and Tools to Provide Meaningful Employee Feedback ....................................................pg 5
How Can Organizations Help Managers Deliver Feedback that Engages and Drives Productivity? ..........................pg 7
Allowing Visibility into Employees' Skills, Strengths, and Opportunities for Better Succession Planning..............................pg 9
How Can Organizations Help Managers Play a Bigger Role in Effective Succession Planning?...................................pg 11
Making Recruiting Collaborative .......................................................................................................................................................pg 13
How Can Organizations Enable Managers to Use Truly Collaborative Recruiting? .........................................................pg 15
The Most Effective Way to Create Great Managers ...................................................................................................................pg 16
1
2
3
4
5
6
7
8
UNIFIED TALENT MANAGEMENT
EMPLOYEES QUIT MANAGERS,
NOT JOBS
An estimated 75% of voluntary employee turnover is
influenced by managers’ behavior.1
Translation? Employees aren‘t quitting their jobs—they’re quitting their bosses.2
That’s bad news for organizations planning for innovation, succession, and
market longevity. Human capital is an organization’s most valuable resource—and
turnover is expensive not just in terms of sourcing, rehiring, and training costs,
but also lost productivity.
Yet being a good, let alone a great, boss is tough.
Managers may have skills, training, education, and experience to create an
engaged, motivated workforce. According to Gallup, today’s great
managers—those who drive higher levels of engagement and productivity in
employees—are “strengths-based, engagement-focused, and
performance-oriented.”3
However, amid the frenzied discussions of the importance of employee
engagement, managers aren’t always given the specifics on how to drive that
engagement. Organizations concerned about engagement (and every
organization should be) must start providing managers with better techniques
and tools, the type that allows them to more effectively—and effortlessly—nurture
commitment, motivation, and productivity from every employee.
PRODUCT LIFECYCLE
UNIFIED TALENT MANAGEMENT
Great
managers
are
“strengths-based,
engagement-
focused,
and
performance-
oriented.”3
“
”
1
WHAT ARE THE TOP THREE KEYS TO CREATING GREAT MANAGERS
AND IMPROVING EMPLOYEE ENGAGEMENT?
Allowing visibility into employees’ skills,
strengths, and areas for opportunity for
better succession planning.
Creating collaborative recruiting practices
to enable the strategic growth of teams
and the organization.
Providing ways to deliver ongoing,
meaningful employee feedback.
UNIFIED TALENT MANAGEMENT
GIVING MANAGERS TECHNIQUES AND TOOLS TO
PROVIDE MEANINGFUL EMPLOYEE FEEDBACK
Employee feedback
It’s a trendy topic: if 123 million hits in Google weren’t proof enough, every source from Forbes to the Harvard Business
Review touts the benefits of providing regular feedback to improve productivity, engagement, and profits. Regular
feedback matters: organizations in the top quartile of shareholder returns were more likely than bottom-quartile
organizations to have managers who delivered regular performance feedback to employees (50% versus 29%).4
2
UNIFIED TALENT MANAGEMENT
UNIFIED TALENT MANAGEMENT
In a Hay Employee Attitudes Survey, about half of
employees surveyed were ‘satisfied with the
feedback’ they received from managers. For hourly
workers, it was less than half.5
“
”
But organizations - and managers - already deliver regular
feedback, don’t they?
After all, providing employee reviews are a critical non-negotiable aspect of any
managerial role. A candidate is hired, their progress is evaluated at six months or
a year, the manager and the employee set mutual goals, and everybody goes
about their business. Until next year.
Yet research shows that traditional, annual feedback may not be working - and
perhaps even backfiring. In a Hay Employee Attitudes Survey, only about half of
employees surveyed were “satisfied with the feedback” they received from
managers. For hourly workers, it was less than half.5
Per Globoforce, only 49% of
employees find reviews to be accurate; a dismal 47% find them to be motivating.6
UNIFIED TALENT MANAGEMENT
Those employees
who received
strengths-based
feedback were
more
productive.9
“
”
12.5%
HOW CAN ORGANIZATIONS
HELP MANAGERS DELIVER
FEEDBACK THAT ENGAGES
AND DRIVES PRODUCTIVITY?
1. Make it actionable
Research shows 65% of employees surveyed thought feedback from
managers wasn’t specific enough.7
Feedback is more meaningful when
employees know exactly what worked—and what didn’t—in their performance
and how to address it. Meaningful feedback includes a prescription for
learning to improve performance, develop skills, and address both employee
and organizational goals.
2. Make it about strengths, not weaknesses
Employees who receive strengths-based feedback—what an employee is
doing right and how they can continue to develop and use those
strengths—have a 14.9% lower turnover rate, compared to those who received
no feedback.8
In addition, employees who received strengths-based feedback
were 12.5% more productive.9
3
3. Make it frequent
Forty-three percent of highly engaged employees receive feedback at least once
a week, compared to only 18% of employees with low engagement.10
Yet in one
study, only 41% of senior managers “communicate personally about plans and
aims with employees on a regular basis.”11
Seventy-one percent of employees
prefer to get feedback as soon as possible; only 17% preferred quarterly or annual
feedback.12
Frequent feedback provides the opportunity for managers to more
easily stay on target for their own goals and make smaller corrections over time,
rather than pulling out all the stops once a year to get back on track.
4. Make it easy
With the right tools, delivering frequent feedback doesn’t have to be time
consuming. Eliminating the barriers to performing more frequent evaluations—e.g.,
offering managers a simple cloud-based performance management tool—can
make it easier for employees and managers alike to check in more frequently.
UNIFIED TALENT MANAGEMENT
71% of employees prefer to get feedback as
soon as possible; only 17% preferred quarterly
or annual feedback.12
“
”
UNIFIED TALENT MANAGEMENT
“
”
ALLOWING VISIBILITY INTO
EMPLOYEES' SKILLS,
STRENGTHS, AND
OPPORTUNITIES FOR BETTER
SUCCESSION PLANNING
Succession planning is about more than promoting employees into executive
positions. It‘s also key to helping managers ensure bench strength in their own
departments. Without a comprehensive, working succession plan, managers not
only run the risk of losing high potential, high performing employees, but they
may also be forced into reactive hiring—a practice that in the long-term can be
harmful to the organization’s overall success and longevity.
Managers may assume that, in lieu of succession planning, they can simply hire
external candidates at time of need. Yet in a study conducted by Matthew
Bidwell, assistant professor at the University of Pennsylvania’s Wharton School,
external hires are 21% more likely than internal hires to leave a job “on their
accord.” His research also found that external hires are 61% more likely to be
laid off or fired.13
4
This process
of identifying
and developing
candidates,
however, is
contingent upon
managers having
access to the
big picture, unified
view of their
entire team.
UNIFIED TALENT MANAGEMENT
...training employees for future positions also
improves engagement, crucial to keeping high
performers and motivating mediocre ones.
“
”
Bidwell’s research intimates that succession planing—identifying, developing, and
promoting internal candidates—can be more cost effective and beneficial to the
organization than a sole reliance on outside candidates. However, this process is
contingent upon managers having access to the big picture, unified view of their
entire team. This ensures all talent management functions - recruiting, onboarding,
learning, and performance—guide a manager’s recommendations for succession.
When a manager can view, for example, performance scores and competencies in
a singular location, or use the same system to assign and track completion of
learning related to performance, they can more easily see which employees may
be suited for future roles. They can then make data-driven decisions about how to
best nurture succession candidates. As a welcome adjunct, training employees for
future positions also improves enagement, which is crucial to keeping high
performers and motivating mediocre ones.
Ensuring managers can
do effective succession
planning depends on
their ability to view
ongoing performance to
identify potential
candidates and
simultaneously assign
learning to build
internal candidates for
future roles.
“
”UNIFIED TALENT MANAGEMENT
HOW CAN ORGANIZATIONS
HELP MANAGERS PLAY A
BIGGER ROLE IN EFFECTIVE
SUCCESSION PLANNING?
1. Give managers true visibility into employee skills, talents,
and potential, individually and as a team.
It’s impossible to get the big picture view of talent when talent management
processes are siloed, trapped in multiple systems, spreadsheets, and file
cabinets. Even “integrated” systems—ERPs and HRISs, which were never
designed to be all-in-one employee engagement systems—can’t truly unify
all employee data.
Succession planning is an integral component in the entire employee
lifecycle, highly dependent on and interrelated with learning, performance,
and compensation. Ensuring managers can do effective succession
planning depends on their ability to view ongoing performance to identify
potential candidates and simultaneously assign learning to build internal
candidates for future roles.
5
UNIFIED TALENT MANAGEMENT
2. Begin succession planning with recruiting.
Smart managers begin succession planning not with performance but at the true
genesis of the employee lifecycle: recruiting. This allows succession goals to inform
recruiting and onboarding activities, a practical application of “begin with the end in
mind.” Being able to attract a larger, more skilled talent pool through social tools and
employee referrals, targeting candidates with specific sites, and streamlining the
application process help managers find and hire candidates that are appropriate for
succession later.
It’s a numbers
game: organizations
that want to reach
more candidates -
thus ensuring a
better chance at
finding top talent -
must start using
collaborative, social
hiring tools.
“
”UNIFIED TALENT MANAGEMENT
MAKING RECRUITING
COLLABORATIVE
Managers play a key role in recruiting, which in turn shapes an
organization’s workforce—for better or worse. Yet, poor recruiting skills
aren’t necessarily a sign of a poor manager. Recruiting is a very specific
skill—those who recruit well may not have good management skills and
vice versa.
Organizations can help managers make better hiring decisions by
maturing the recruiting process from one of individual feedback to one
of collaboration. Organizations may ask, “Aren’t we already doing that?”
Not necessarily: truly collaborative recruiting entails more than
simply sending the candidate through the pipeline of job site, HR,
executive manager.
Collaborative recruiting focuses on teamwork to identify the candidate
who is not only a skill match, but a cultural and environmental fit. It relies
heavily on social networking tools to gain 360 feedback on a candidate,
create referral engines, convey employer brands, and empower
managers to hire better candidates through more comprehensive
feedback and an increased talent pool.
6
UNIFIED TALENT MANAGEMENT
Collaborative hiring, through its reliance on social networking tools, has the added
benefit of increasing an organization’s talent pool. Millennials are well known for
their predilection for social technologies - and other generations are not far behind.
According to the Aberdeen Group, almost three-fourths of Millennials found their
latest job through a social network.14
It’s a numbers game: organizations that want to
reach more candidates—thus ensuring a better chance at finding top talent—must
start using collaborative, social hiring tools.
The ability to review
all feedback in one
location—without
sorting through
emails, or worse, paper
review forms—
can simplify getting the
360 picture of
a candidate’s
capabilities, attitude,
cultural fit,
and potential.
“
”UNIFIED TALENT MANAGEMENT
HOW CAN ORGANIZATIONS
ENABLE MANAGERS TO USE
TRULY COLLABORATIVE
RECRUITING?
1. Use an employee referral system.
An organization’s own employees are often the best source of candidates
who fit the existing workplace culture. Organizations increase their talent
pool exponentially and engage employees by allowing them to share their
social network. Some thought leaders suggest encouraging retirees,
employee spouses, and customers to participate in referrals, as well.
2. Solicit candidate feedback from multiple sources.
Getting multiple sources of feedback specific to each candidate is crucial to
identifying the right candidate. However, aggregating this feedback is just as
important. The ability to review all feedback in one location—without sorting
through emails, or worse, paper review forms—can simplify getting the 360
picture of a candidate’s capabilities, attitude, cultural fit, and potential.
7
Engagement is critical
for all employees, and
managers are better
equipped to focus on
their own and the
organization's goals
when they have tools in
place to help them
engage, develop, grow,
and promote
their teams.
“
”UNIFIED TALENT MANAGEMENT
THE MOST EFFECTIVE WAY TO
CREATE GREAT MANAGERS
Enabling great management takes more than training, experience, and trust.
The capability to provide ongoing and meaningful feedback, plan for
succession based on true talent visibility, and make better hiring decisions can
help organizations turn a good or even mediocre manager into a great one.
Yet, for many managers, these tasks are made extraordinarily difficult—and
ineffective—by a continued reliance on old-school methods of talent
management. Managers are crippled by time-consuming spreadsheets or
paper-based review processes, which negate the ability to provide and
aggregate ongoing feedback or unify performance data with learning,
compensation, and succession. Worse, poor talent management tools can
decrease manager engagement levels. Engagement is critical for all
employees, and managers are better equipped to focus on their own and the
organization's goals when they have tools in place to help them engage,
develop, grow, and promote their teams.
Even “integrated” talent management systems may not provide the complete
picture of a manager’s team. These “Franken-systems” store data in different
locations, making it impossible to truly unify the employee lifecycle. Managers
can’t see if poor performers have made an effort to take improvement training
steps or easily develop a pay-for-performance system, one that allows
managers to adequately—and transparently—compensate the right employees.
8
Enabling managers to perform the talent management
activities that directly influence employee engagement
and productivity requires the true unification of the
talent management process.
“
”
UNIFIED TALENT MANAGEMENT
Enabling managers to perform the talent management activities that directly
influence employee engagement and productivity requires the true unification of the
talent management process. Unified talent management (UTM) delivers a seamless
talent management experience, connecting every phase of the employee lifecycle
on a single platform, with one login, and access to one customer support team.
UTM empowers managers to truly manage their employees, from ensuring new hires
network with teammates to providing training in tandem with performance results.
Managers can transform their review processes from the dreaded annual checklist to
frequent, meaningful interactions; better identify key candidates for succession; and
make smarter hiring decisions from the outset with social and collaborative tools.
UNIFIED TALENT MANAGEMENT
Powerful talent management requires
powerful talent management tools.“ ”
Used by more than 1800 companies worldwide, Cornerstone OnDemand is the only
truly unified system designed to enable comprehensive talent management, from
one platform, with one login.
As a result, organizations can place more focus on engaging every employee while
spending less time managing multiple systems. Cornerstone helps organizations
improve productivity and profitability by delivering key insight into the entire
employee lifecycle:
CORNERSTONE
RECRUITING
CORNERSTONE
ONBOARDING
CORNERSTONE
CONNECT
CORNERSTONE
LEARNING
CORNERSTONE
PERFORMANCE
CORNERSTONE
COMPENSATION
CORNERSTONE
SUCCESSION
UNIFIED TALENT MANAGEMENT
See how Employees, Managers, and Executives benefit
from using a Unified Talent Management approach.
“I FOUND OUT ABOUT THE JOB THROUGH
A FRIEND AT THE COMPANY. I APPLIED
USING MY LINKEDIN PROFILE. NO
COMPLICATED APPLICATION PROCESS AND
IT ONLY TOOK MINUTES!”
The Employee
“I NEEDED A DESIGNER. WITH CORNERSTONE
RECRUITING’S SOCIAL SOURCING AND EMPLOYEE
REFERRALS, I FOUND GREAT CANDIDATES AND
MANAGED INTERVIEWS, FEEDBACK, AND OFFER
LETTERS IN ONE LOCATION.”
The Manager
“WE’RE DOING REAL SUCCESSION PLANNING.
WITH CORNERSTONE SUCCESSION, WE’RE
PREPARING FOR GAPS NOT JUST IN EXECUTIVE
POSITIONS BUT AT EVERY LEVEL THROUGHOUT
THE ORGANIZATION. ”
The Executive
Follow their story at unified.cornerstoneondemand.com
1
Jennifer Robison. “Turning Around Employee Turnover.” Gallup Business Journal. Gallup. May 8, 2008. Accessed on October 23, 2014, at
http://www.gallup.com/businessjournal/106912/turning-around-your-turnover-problem.aspx.
2
“Social Knows: Employee Engagement Statistics (August 2011 Edition).” The Social Workplace. August 8, 2011. Accessed on October 23, 2014, at
http://www.thesocialworkplace.com/2011/08/social-knows-employee-engagement-statistics-august-2011-edition/.
3
Annamarie Mann, Ryan Darby. “Should Managers Focus on Performance or Engagment?” Gallup Business Journal. Gallup. August 5, 2014.
Accessed on October 23, 2014, at http://www.gallup.com/businessjournal/174197/managers-focus-performance-engagement.aspx.
4
Jim Kochanski, Angelita Becom. “Four Key Steps to Performance Management.” Workspan. WorldatWork. Page 34. Accessed on October 23,
2014, at http://www.sibson.com/publications/articles/workspan-2-08.pdf.
5
“Engage Employees and Boost Performance.” HayGroup. Page 15. Accessed on October 23, 2014, at
http://www.haygroup.com/downloads/us/engaged_performance_120401.pdf
6
Darcy Jacobsen. “Infographic: The Startling Truth about Performance Reviews.” Globoforce. Accessed on October 23, 2014, at
http://www.globoforce.com/gfblog/2013/infographic-the-startling-truth-about-performance-reviews/.
7
Andre Lavoid. “5 Ways You Can Improve Your Employee Feedback” TLNT. February 24, 2014. Accessed on October 23, 2014, at
http://www.tlnt.com/2014/02/24/5-ways-to-improve-your-employee-feedback/.
8
Jim Asplund, Nikki Blacksmith. “The Secret of Higher Performance: How integrating employee engagement and strengths boosts both.” Gallup
Business Journal. Gallup. May 3, 2011. Accessed on October 23, 2014, at
http://www.gallup.com/businessjournal/147383/secret-higher-performance.aspx.
9
Andre Lavoid. “5 Ways You Can Improve Your Employee Feedback.”
10
http://www.officevibe.com/blog/stats-employee-engagement-infographic. Original source is Towers Watson, source listed on this infographics.
11
“Informed Employee Voice Equals Higher Engagement.” Accessed on October 23, 2014 at
http://www.exploringinternalcommunication.com/wp-content/uploads/2014/01/PR-Academy-Infographic-v3c.pdf. Original source: CIPR Inside
Webinar on 15 November 2013.
12
Jacobsen. “Infographic: The Startling Truth about Performance Reviews.”
13
“Is It Better to Promote from Within?” The Wall Street Journal. April 3, 2012. Accessed on October 23, 2014, at
http://online.wsj.com/articles/SB10001424052702304750404577320000041035504.
14
Camelia Rodriguez. “How to Establish Your Social Media Recruiting Strategies.” SparkHire. September 4, 2014. Accessed on October 23, 2014 at
http://hr.sparkhire.com/best-hiring-practices/how-to-establish-your-social-media-recruiting-strategies/.
UNIFIED TALENT MANAGEMENT

Mais conteúdo relacionado

Mais procurados

Human Resource Metrics PowerPoint Presentation Slides
Human Resource Metrics PowerPoint Presentation Slides Human Resource Metrics PowerPoint Presentation Slides
Human Resource Metrics PowerPoint Presentation Slides
SlideTeam
 
EFHK Spring 2016_manager effectiveness_Final
EFHK Spring 2016_manager effectiveness_FinalEFHK Spring 2016_manager effectiveness_Final
EFHK Spring 2016_manager effectiveness_Final
Cheong Im
 
360 degree performance_appraisal
360 degree performance_appraisal360 degree performance_appraisal
360 degree performance_appraisal
asnv_tejesh
 

Mais procurados (19)

The Performance Management Revisited Accenture
The Performance Management Revisited AccentureThe Performance Management Revisited Accenture
The Performance Management Revisited Accenture
 
Employee Engagement_Best Practice Principles and Strategies
Employee Engagement_Best Practice Principles and StrategiesEmployee Engagement_Best Practice Principles and Strategies
Employee Engagement_Best Practice Principles and Strategies
 
5 Employee Relations Metrics you Should be Tracking & Why
5 Employee Relations Metrics you Should be Tracking & Why5 Employee Relations Metrics you Should be Tracking & Why
5 Employee Relations Metrics you Should be Tracking & Why
 
Hr survey monitor 2015 eng
Hr survey monitor 2015 engHr survey monitor 2015 eng
Hr survey monitor 2015 eng
 
Special Report: The Secret to Increasing Workforce Performance through Great ...
Special Report: The Secret to Increasing Workforce Performance through Great ...Special Report: The Secret to Increasing Workforce Performance through Great ...
Special Report: The Secret to Increasing Workforce Performance through Great ...
 
Hard Talk HR - How Performance Management is Killing Performance
Hard Talk HR - How Performance Management is Killing PerformanceHard Talk HR - How Performance Management is Killing Performance
Hard Talk HR - How Performance Management is Killing Performance
 
Performance appraisal
Performance appraisalPerformance appraisal
Performance appraisal
 
The Future of HR: Delivering Competitive Advantage in Your Organization
The Future of HR: Delivering Competitive Advantage in Your OrganizationThe Future of HR: Delivering Competitive Advantage in Your Organization
The Future of HR: Delivering Competitive Advantage in Your Organization
 
Human Resource Metrics PowerPoint Presentation Slides
Human Resource Metrics PowerPoint Presentation Slides Human Resource Metrics PowerPoint Presentation Slides
Human Resource Metrics PowerPoint Presentation Slides
 
EFHK Spring 2016_manager effectiveness_Final
EFHK Spring 2016_manager effectiveness_FinalEFHK Spring 2016_manager effectiveness_Final
EFHK Spring 2016_manager effectiveness_Final
 
Latest Trends in Performance Management
Latest Trends in Performance Management Latest Trends in Performance Management
Latest Trends in Performance Management
 
360 degree performance appraisal Er. S Sood
360 degree performance appraisal Er. S Sood360 degree performance appraisal Er. S Sood
360 degree performance appraisal Er. S Sood
 
Analytics in Training & Development and ROI in T & D
Analytics in Training & Development and ROI in T & DAnalytics in Training & Development and ROI in T & D
Analytics in Training & Development and ROI in T & D
 
Performance appraisal programs
Performance appraisal programsPerformance appraisal programs
Performance appraisal programs
 
How to write performance appraisal comments
How to write performance appraisal commentsHow to write performance appraisal comments
How to write performance appraisal comments
 
360 degree performance_appraisal
360 degree performance_appraisal360 degree performance_appraisal
360 degree performance_appraisal
 
Performance Management at Google
Performance Management at GooglePerformance Management at Google
Performance Management at Google
 
How to create a "Culture" of Execution and Sustainable Employee Performance!
How to create a "Culture" of Execution and Sustainable Employee Performance!How to create a "Culture" of Execution and Sustainable Employee Performance!
How to create a "Culture" of Execution and Sustainable Employee Performance!
 
Part 2 Creating a "Culture" of Execution and Sustainability of Employee Per...
Part 2   Creating a "Culture" of Execution and Sustainability of Employee Per...Part 2   Creating a "Culture" of Execution and Sustainability of Employee Per...
Part 2 Creating a "Culture" of Execution and Sustainability of Employee Per...
 

Semelhante a Unified talent management e book-manager

Performance appraisal-project-report
Performance appraisal-project-reportPerformance appraisal-project-report
Performance appraisal-project-report
Babu Shiva
 
Managing For High Performance
Managing For High PerformanceManaging For High Performance
Managing For High Performance
euweben01
 
Managing For High Performance
Managing For High PerformanceManaging For High Performance
Managing For High Performance
euwebtc01
 
Managing For High Performance
Managing For High PerformanceManaging For High Performance
Managing For High Performance
euwebsc01
 
httpgo.galegroup.com.libraryresources.columbiasouthern.edupsr.docx
httpgo.galegroup.com.libraryresources.columbiasouthern.edupsr.docxhttpgo.galegroup.com.libraryresources.columbiasouthern.edupsr.docx
httpgo.galegroup.com.libraryresources.columbiasouthern.edupsr.docx
wellesleyterresa
 
competency-based-performance-management-system-14-mei-2016.pptx
competency-based-performance-management-system-14-mei-2016.pptxcompetency-based-performance-management-system-14-mei-2016.pptx
competency-based-performance-management-system-14-mei-2016.pptx
ssuser6fed17
 
Performance management
Performance managementPerformance management
Performance management
ruquia shah
 
Your workforce is the enginethat drives your company for-war.docx
Your workforce is the enginethat drives your company for-war.docxYour workforce is the enginethat drives your company for-war.docx
Your workforce is the enginethat drives your company for-war.docx
danielfoster65629
 
Academic Internship Project on Performance management System
Academic Internship Project on Performance management SystemAcademic Internship Project on Performance management System
Academic Internship Project on Performance management System
HR at VASHI ELECTRICALS PVT. LTD.
 

Semelhante a Unified talent management e book-manager (20)

Modern Performance Management Whitepaper - Paylocity
Modern Performance Management Whitepaper - PaylocityModern Performance Management Whitepaper - Paylocity
Modern Performance Management Whitepaper - Paylocity
 
Performance appraisal-project-report
Performance appraisal-project-reportPerformance appraisal-project-report
Performance appraisal-project-report
 
Appraisal of performance
Appraisal of performanceAppraisal of performance
Appraisal of performance
 
Assignment
AssignmentAssignment
Assignment
 
Managing For High Performance
Managing For High PerformanceManaging For High Performance
Managing For High Performance
 
Managing For High Performance
Managing For High PerformanceManaging For High Performance
Managing For High Performance
 
Managing For High Performance
Managing For High PerformanceManaging For High Performance
Managing For High Performance
 
Performance Appraisal at HAL
Performance Appraisal at HALPerformance Appraisal at HAL
Performance Appraisal at HAL
 
performance appraisal
performance appraisalperformance appraisal
performance appraisal
 
PERFORMANCE MANAGEMENT SYSTEM (2).pdf
PERFORMANCE MANAGEMENT SYSTEM (2).pdfPERFORMANCE MANAGEMENT SYSTEM (2).pdf
PERFORMANCE MANAGEMENT SYSTEM (2).pdf
 
httpgo.galegroup.com.libraryresources.columbiasouthern.edupsr.docx
httpgo.galegroup.com.libraryresources.columbiasouthern.edupsr.docxhttpgo.galegroup.com.libraryresources.columbiasouthern.edupsr.docx
httpgo.galegroup.com.libraryresources.columbiasouthern.edupsr.docx
 
competency-based-performance-management-system-14-mei-2016.pptx
competency-based-performance-management-system-14-mei-2016.pptxcompetency-based-performance-management-system-14-mei-2016.pptx
competency-based-performance-management-system-14-mei-2016.pptx
 
Powerful ways-to-manage-family-business vol2
Powerful ways-to-manage-family-business vol2Powerful ways-to-manage-family-business vol2
Powerful ways-to-manage-family-business vol2
 
Benefits of Mapping Learners Journey in an Organization - By PrepAI
Benefits of Mapping Learners Journey in an Organization - By PrepAIBenefits of Mapping Learners Journey in an Organization - By PrepAI
Benefits of Mapping Learners Journey in an Organization - By PrepAI
 
Getting People to Talk : Creating a Culture of Continuous Performance Manage...
Getting People to Talk : Creating a Culture of  Continuous Performance Manage...Getting People to Talk : Creating a Culture of  Continuous Performance Manage...
Getting People to Talk : Creating a Culture of Continuous Performance Manage...
 
Performance Appraisal
Performance AppraisalPerformance Appraisal
Performance Appraisal
 
Performance management
Performance managementPerformance management
Performance management
 
The Absolute Must-Do's to Build an Agile Organization
The Absolute Must-Do's to Build an Agile OrganizationThe Absolute Must-Do's to Build an Agile Organization
The Absolute Must-Do's to Build an Agile Organization
 
Your workforce is the enginethat drives your company for-war.docx
Your workforce is the enginethat drives your company for-war.docxYour workforce is the enginethat drives your company for-war.docx
Your workforce is the enginethat drives your company for-war.docx
 
Academic Internship Project on Performance management System
Academic Internship Project on Performance management SystemAcademic Internship Project on Performance management System
Academic Internship Project on Performance management System
 

Último

Último (7)

Will Robots Steal Your Jobs? Will Robots Steal Your Jobs? 10 Eye-Opening Work...
Will Robots Steal Your Jobs? Will Robots Steal Your Jobs? 10 Eye-Opening Work...Will Robots Steal Your Jobs? Will Robots Steal Your Jobs? 10 Eye-Opening Work...
Will Robots Steal Your Jobs? Will Robots Steal Your Jobs? 10 Eye-Opening Work...
 
Effective Project Team Structure Template Excel
Effective Project Team Structure Template ExcelEffective Project Team Structure Template Excel
Effective Project Team Structure Template Excel
 
Abortion pills in Jeddah +966572737505 <> buy cytotec <> unwanted kit Saudi A...
Abortion pills in Jeddah +966572737505 <> buy cytotec <> unwanted kit Saudi A...Abortion pills in Jeddah +966572737505 <> buy cytotec <> unwanted kit Saudi A...
Abortion pills in Jeddah +966572737505 <> buy cytotec <> unwanted kit Saudi A...
 
Ulhasnagar Escorts Service Girl ^ 9332606886, WhatsApp Anytime Ulhasnagar
Ulhasnagar Escorts Service Girl ^ 9332606886, WhatsApp Anytime UlhasnagarUlhasnagar Escorts Service Girl ^ 9332606886, WhatsApp Anytime Ulhasnagar
Ulhasnagar Escorts Service Girl ^ 9332606886, WhatsApp Anytime Ulhasnagar
 
Satna Escorts Service Girl ^ 9332606886, WhatsApp Anytime Satna
Satna Escorts Service Girl ^ 9332606886, WhatsApp Anytime SatnaSatna Escorts Service Girl ^ 9332606886, WhatsApp Anytime Satna
Satna Escorts Service Girl ^ 9332606886, WhatsApp Anytime Satna
 
Durg Escorts Service Girl ^ 9332606886, WhatsApp Anytime Durg
Durg Escorts Service Girl ^ 9332606886, WhatsApp Anytime DurgDurg Escorts Service Girl ^ 9332606886, WhatsApp Anytime Durg
Durg Escorts Service Girl ^ 9332606886, WhatsApp Anytime Durg
 
Webinar - Maximize the efficiency of your merit increase cycle
Webinar - Maximize the efficiency of your merit increase cycleWebinar - Maximize the efficiency of your merit increase cycle
Webinar - Maximize the efficiency of your merit increase cycle
 

Unified talent management e book-manager

  • 2. HOW TO CREATE ALL-STAR MANAGERS THAT EMPLOYEES LOVE Employees Quit Managers, Not Jobs ...............................................................................................................................................pg 3 Giving Managers Techniques and Tools to Provide Meaningful Employee Feedback ....................................................pg 5 How Can Organizations Help Managers Deliver Feedback that Engages and Drives Productivity? ..........................pg 7 Allowing Visibility into Employees' Skills, Strengths, and Opportunities for Better Succession Planning..............................pg 9 How Can Organizations Help Managers Play a Bigger Role in Effective Succession Planning?...................................pg 11 Making Recruiting Collaborative .......................................................................................................................................................pg 13 How Can Organizations Enable Managers to Use Truly Collaborative Recruiting? .........................................................pg 15 The Most Effective Way to Create Great Managers ...................................................................................................................pg 16 1 2 3 4 5 6 7 8 UNIFIED TALENT MANAGEMENT
  • 3. EMPLOYEES QUIT MANAGERS, NOT JOBS An estimated 75% of voluntary employee turnover is influenced by managers’ behavior.1 Translation? Employees aren‘t quitting their jobs—they’re quitting their bosses.2 That’s bad news for organizations planning for innovation, succession, and market longevity. Human capital is an organization’s most valuable resource—and turnover is expensive not just in terms of sourcing, rehiring, and training costs, but also lost productivity. Yet being a good, let alone a great, boss is tough. Managers may have skills, training, education, and experience to create an engaged, motivated workforce. According to Gallup, today’s great managers—those who drive higher levels of engagement and productivity in employees—are “strengths-based, engagement-focused, and performance-oriented.”3 However, amid the frenzied discussions of the importance of employee engagement, managers aren’t always given the specifics on how to drive that engagement. Organizations concerned about engagement (and every organization should be) must start providing managers with better techniques and tools, the type that allows them to more effectively—and effortlessly—nurture commitment, motivation, and productivity from every employee. PRODUCT LIFECYCLE UNIFIED TALENT MANAGEMENT Great managers are “strengths-based, engagement- focused, and performance- oriented.”3 “ ” 1
  • 4. WHAT ARE THE TOP THREE KEYS TO CREATING GREAT MANAGERS AND IMPROVING EMPLOYEE ENGAGEMENT? Allowing visibility into employees’ skills, strengths, and areas for opportunity for better succession planning. Creating collaborative recruiting practices to enable the strategic growth of teams and the organization. Providing ways to deliver ongoing, meaningful employee feedback. UNIFIED TALENT MANAGEMENT
  • 5. GIVING MANAGERS TECHNIQUES AND TOOLS TO PROVIDE MEANINGFUL EMPLOYEE FEEDBACK Employee feedback It’s a trendy topic: if 123 million hits in Google weren’t proof enough, every source from Forbes to the Harvard Business Review touts the benefits of providing regular feedback to improve productivity, engagement, and profits. Regular feedback matters: organizations in the top quartile of shareholder returns were more likely than bottom-quartile organizations to have managers who delivered regular performance feedback to employees (50% versus 29%).4 2 UNIFIED TALENT MANAGEMENT
  • 6. UNIFIED TALENT MANAGEMENT In a Hay Employee Attitudes Survey, about half of employees surveyed were ‘satisfied with the feedback’ they received from managers. For hourly workers, it was less than half.5 “ ” But organizations - and managers - already deliver regular feedback, don’t they? After all, providing employee reviews are a critical non-negotiable aspect of any managerial role. A candidate is hired, their progress is evaluated at six months or a year, the manager and the employee set mutual goals, and everybody goes about their business. Until next year. Yet research shows that traditional, annual feedback may not be working - and perhaps even backfiring. In a Hay Employee Attitudes Survey, only about half of employees surveyed were “satisfied with the feedback” they received from managers. For hourly workers, it was less than half.5 Per Globoforce, only 49% of employees find reviews to be accurate; a dismal 47% find them to be motivating.6
  • 7. UNIFIED TALENT MANAGEMENT Those employees who received strengths-based feedback were more productive.9 “ ” 12.5% HOW CAN ORGANIZATIONS HELP MANAGERS DELIVER FEEDBACK THAT ENGAGES AND DRIVES PRODUCTIVITY? 1. Make it actionable Research shows 65% of employees surveyed thought feedback from managers wasn’t specific enough.7 Feedback is more meaningful when employees know exactly what worked—and what didn’t—in their performance and how to address it. Meaningful feedback includes a prescription for learning to improve performance, develop skills, and address both employee and organizational goals. 2. Make it about strengths, not weaknesses Employees who receive strengths-based feedback—what an employee is doing right and how they can continue to develop and use those strengths—have a 14.9% lower turnover rate, compared to those who received no feedback.8 In addition, employees who received strengths-based feedback were 12.5% more productive.9 3
  • 8. 3. Make it frequent Forty-three percent of highly engaged employees receive feedback at least once a week, compared to only 18% of employees with low engagement.10 Yet in one study, only 41% of senior managers “communicate personally about plans and aims with employees on a regular basis.”11 Seventy-one percent of employees prefer to get feedback as soon as possible; only 17% preferred quarterly or annual feedback.12 Frequent feedback provides the opportunity for managers to more easily stay on target for their own goals and make smaller corrections over time, rather than pulling out all the stops once a year to get back on track. 4. Make it easy With the right tools, delivering frequent feedback doesn’t have to be time consuming. Eliminating the barriers to performing more frequent evaluations—e.g., offering managers a simple cloud-based performance management tool—can make it easier for employees and managers alike to check in more frequently. UNIFIED TALENT MANAGEMENT 71% of employees prefer to get feedback as soon as possible; only 17% preferred quarterly or annual feedback.12 “ ”
  • 9. UNIFIED TALENT MANAGEMENT “ ” ALLOWING VISIBILITY INTO EMPLOYEES' SKILLS, STRENGTHS, AND OPPORTUNITIES FOR BETTER SUCCESSION PLANNING Succession planning is about more than promoting employees into executive positions. It‘s also key to helping managers ensure bench strength in their own departments. Without a comprehensive, working succession plan, managers not only run the risk of losing high potential, high performing employees, but they may also be forced into reactive hiring—a practice that in the long-term can be harmful to the organization’s overall success and longevity. Managers may assume that, in lieu of succession planning, they can simply hire external candidates at time of need. Yet in a study conducted by Matthew Bidwell, assistant professor at the University of Pennsylvania’s Wharton School, external hires are 21% more likely than internal hires to leave a job “on their accord.” His research also found that external hires are 61% more likely to be laid off or fired.13 4 This process of identifying and developing candidates, however, is contingent upon managers having access to the big picture, unified view of their entire team.
  • 10. UNIFIED TALENT MANAGEMENT ...training employees for future positions also improves engagement, crucial to keeping high performers and motivating mediocre ones. “ ” Bidwell’s research intimates that succession planing—identifying, developing, and promoting internal candidates—can be more cost effective and beneficial to the organization than a sole reliance on outside candidates. However, this process is contingent upon managers having access to the big picture, unified view of their entire team. This ensures all talent management functions - recruiting, onboarding, learning, and performance—guide a manager’s recommendations for succession. When a manager can view, for example, performance scores and competencies in a singular location, or use the same system to assign and track completion of learning related to performance, they can more easily see which employees may be suited for future roles. They can then make data-driven decisions about how to best nurture succession candidates. As a welcome adjunct, training employees for future positions also improves enagement, which is crucial to keeping high performers and motivating mediocre ones.
  • 11. Ensuring managers can do effective succession planning depends on their ability to view ongoing performance to identify potential candidates and simultaneously assign learning to build internal candidates for future roles. “ ”UNIFIED TALENT MANAGEMENT HOW CAN ORGANIZATIONS HELP MANAGERS PLAY A BIGGER ROLE IN EFFECTIVE SUCCESSION PLANNING? 1. Give managers true visibility into employee skills, talents, and potential, individually and as a team. It’s impossible to get the big picture view of talent when talent management processes are siloed, trapped in multiple systems, spreadsheets, and file cabinets. Even “integrated” systems—ERPs and HRISs, which were never designed to be all-in-one employee engagement systems—can’t truly unify all employee data. Succession planning is an integral component in the entire employee lifecycle, highly dependent on and interrelated with learning, performance, and compensation. Ensuring managers can do effective succession planning depends on their ability to view ongoing performance to identify potential candidates and simultaneously assign learning to build internal candidates for future roles. 5
  • 12. UNIFIED TALENT MANAGEMENT 2. Begin succession planning with recruiting. Smart managers begin succession planning not with performance but at the true genesis of the employee lifecycle: recruiting. This allows succession goals to inform recruiting and onboarding activities, a practical application of “begin with the end in mind.” Being able to attract a larger, more skilled talent pool through social tools and employee referrals, targeting candidates with specific sites, and streamlining the application process help managers find and hire candidates that are appropriate for succession later.
  • 13. It’s a numbers game: organizations that want to reach more candidates - thus ensuring a better chance at finding top talent - must start using collaborative, social hiring tools. “ ”UNIFIED TALENT MANAGEMENT MAKING RECRUITING COLLABORATIVE Managers play a key role in recruiting, which in turn shapes an organization’s workforce—for better or worse. Yet, poor recruiting skills aren’t necessarily a sign of a poor manager. Recruiting is a very specific skill—those who recruit well may not have good management skills and vice versa. Organizations can help managers make better hiring decisions by maturing the recruiting process from one of individual feedback to one of collaboration. Organizations may ask, “Aren’t we already doing that?” Not necessarily: truly collaborative recruiting entails more than simply sending the candidate through the pipeline of job site, HR, executive manager. Collaborative recruiting focuses on teamwork to identify the candidate who is not only a skill match, but a cultural and environmental fit. It relies heavily on social networking tools to gain 360 feedback on a candidate, create referral engines, convey employer brands, and empower managers to hire better candidates through more comprehensive feedback and an increased talent pool. 6
  • 14. UNIFIED TALENT MANAGEMENT Collaborative hiring, through its reliance on social networking tools, has the added benefit of increasing an organization’s talent pool. Millennials are well known for their predilection for social technologies - and other generations are not far behind. According to the Aberdeen Group, almost three-fourths of Millennials found their latest job through a social network.14 It’s a numbers game: organizations that want to reach more candidates—thus ensuring a better chance at finding top talent—must start using collaborative, social hiring tools.
  • 15. The ability to review all feedback in one location—without sorting through emails, or worse, paper review forms— can simplify getting the 360 picture of a candidate’s capabilities, attitude, cultural fit, and potential. “ ”UNIFIED TALENT MANAGEMENT HOW CAN ORGANIZATIONS ENABLE MANAGERS TO USE TRULY COLLABORATIVE RECRUITING? 1. Use an employee referral system. An organization’s own employees are often the best source of candidates who fit the existing workplace culture. Organizations increase their talent pool exponentially and engage employees by allowing them to share their social network. Some thought leaders suggest encouraging retirees, employee spouses, and customers to participate in referrals, as well. 2. Solicit candidate feedback from multiple sources. Getting multiple sources of feedback specific to each candidate is crucial to identifying the right candidate. However, aggregating this feedback is just as important. The ability to review all feedback in one location—without sorting through emails, or worse, paper review forms—can simplify getting the 360 picture of a candidate’s capabilities, attitude, cultural fit, and potential. 7
  • 16. Engagement is critical for all employees, and managers are better equipped to focus on their own and the organization's goals when they have tools in place to help them engage, develop, grow, and promote their teams. “ ”UNIFIED TALENT MANAGEMENT THE MOST EFFECTIVE WAY TO CREATE GREAT MANAGERS Enabling great management takes more than training, experience, and trust. The capability to provide ongoing and meaningful feedback, plan for succession based on true talent visibility, and make better hiring decisions can help organizations turn a good or even mediocre manager into a great one. Yet, for many managers, these tasks are made extraordinarily difficult—and ineffective—by a continued reliance on old-school methods of talent management. Managers are crippled by time-consuming spreadsheets or paper-based review processes, which negate the ability to provide and aggregate ongoing feedback or unify performance data with learning, compensation, and succession. Worse, poor talent management tools can decrease manager engagement levels. Engagement is critical for all employees, and managers are better equipped to focus on their own and the organization's goals when they have tools in place to help them engage, develop, grow, and promote their teams. Even “integrated” talent management systems may not provide the complete picture of a manager’s team. These “Franken-systems” store data in different locations, making it impossible to truly unify the employee lifecycle. Managers can’t see if poor performers have made an effort to take improvement training steps or easily develop a pay-for-performance system, one that allows managers to adequately—and transparently—compensate the right employees. 8
  • 17. Enabling managers to perform the talent management activities that directly influence employee engagement and productivity requires the true unification of the talent management process. “ ” UNIFIED TALENT MANAGEMENT Enabling managers to perform the talent management activities that directly influence employee engagement and productivity requires the true unification of the talent management process. Unified talent management (UTM) delivers a seamless talent management experience, connecting every phase of the employee lifecycle on a single platform, with one login, and access to one customer support team. UTM empowers managers to truly manage their employees, from ensuring new hires network with teammates to providing training in tandem with performance results. Managers can transform their review processes from the dreaded annual checklist to frequent, meaningful interactions; better identify key candidates for succession; and make smarter hiring decisions from the outset with social and collaborative tools.
  • 18. UNIFIED TALENT MANAGEMENT Powerful talent management requires powerful talent management tools.“ ” Used by more than 1800 companies worldwide, Cornerstone OnDemand is the only truly unified system designed to enable comprehensive talent management, from one platform, with one login. As a result, organizations can place more focus on engaging every employee while spending less time managing multiple systems. Cornerstone helps organizations improve productivity and profitability by delivering key insight into the entire employee lifecycle: CORNERSTONE RECRUITING CORNERSTONE ONBOARDING CORNERSTONE CONNECT CORNERSTONE LEARNING CORNERSTONE PERFORMANCE CORNERSTONE COMPENSATION CORNERSTONE SUCCESSION
  • 19. UNIFIED TALENT MANAGEMENT See how Employees, Managers, and Executives benefit from using a Unified Talent Management approach. “I FOUND OUT ABOUT THE JOB THROUGH A FRIEND AT THE COMPANY. I APPLIED USING MY LINKEDIN PROFILE. NO COMPLICATED APPLICATION PROCESS AND IT ONLY TOOK MINUTES!” The Employee “I NEEDED A DESIGNER. WITH CORNERSTONE RECRUITING’S SOCIAL SOURCING AND EMPLOYEE REFERRALS, I FOUND GREAT CANDIDATES AND MANAGED INTERVIEWS, FEEDBACK, AND OFFER LETTERS IN ONE LOCATION.” The Manager “WE’RE DOING REAL SUCCESSION PLANNING. WITH CORNERSTONE SUCCESSION, WE’RE PREPARING FOR GAPS NOT JUST IN EXECUTIVE POSITIONS BUT AT EVERY LEVEL THROUGHOUT THE ORGANIZATION. ” The Executive Follow their story at unified.cornerstoneondemand.com
  • 20. 1 Jennifer Robison. “Turning Around Employee Turnover.” Gallup Business Journal. Gallup. May 8, 2008. Accessed on October 23, 2014, at http://www.gallup.com/businessjournal/106912/turning-around-your-turnover-problem.aspx. 2 “Social Knows: Employee Engagement Statistics (August 2011 Edition).” The Social Workplace. August 8, 2011. Accessed on October 23, 2014, at http://www.thesocialworkplace.com/2011/08/social-knows-employee-engagement-statistics-august-2011-edition/. 3 Annamarie Mann, Ryan Darby. “Should Managers Focus on Performance or Engagment?” Gallup Business Journal. Gallup. August 5, 2014. Accessed on October 23, 2014, at http://www.gallup.com/businessjournal/174197/managers-focus-performance-engagement.aspx. 4 Jim Kochanski, Angelita Becom. “Four Key Steps to Performance Management.” Workspan. WorldatWork. Page 34. Accessed on October 23, 2014, at http://www.sibson.com/publications/articles/workspan-2-08.pdf. 5 “Engage Employees and Boost Performance.” HayGroup. Page 15. Accessed on October 23, 2014, at http://www.haygroup.com/downloads/us/engaged_performance_120401.pdf 6 Darcy Jacobsen. “Infographic: The Startling Truth about Performance Reviews.” Globoforce. Accessed on October 23, 2014, at http://www.globoforce.com/gfblog/2013/infographic-the-startling-truth-about-performance-reviews/. 7 Andre Lavoid. “5 Ways You Can Improve Your Employee Feedback” TLNT. February 24, 2014. Accessed on October 23, 2014, at http://www.tlnt.com/2014/02/24/5-ways-to-improve-your-employee-feedback/. 8 Jim Asplund, Nikki Blacksmith. “The Secret of Higher Performance: How integrating employee engagement and strengths boosts both.” Gallup Business Journal. Gallup. May 3, 2011. Accessed on October 23, 2014, at http://www.gallup.com/businessjournal/147383/secret-higher-performance.aspx. 9 Andre Lavoid. “5 Ways You Can Improve Your Employee Feedback.” 10 http://www.officevibe.com/blog/stats-employee-engagement-infographic. Original source is Towers Watson, source listed on this infographics. 11 “Informed Employee Voice Equals Higher Engagement.” Accessed on October 23, 2014 at http://www.exploringinternalcommunication.com/wp-content/uploads/2014/01/PR-Academy-Infographic-v3c.pdf. Original source: CIPR Inside Webinar on 15 November 2013. 12 Jacobsen. “Infographic: The Startling Truth about Performance Reviews.” 13 “Is It Better to Promote from Within?” The Wall Street Journal. April 3, 2012. Accessed on October 23, 2014, at http://online.wsj.com/articles/SB10001424052702304750404577320000041035504. 14 Camelia Rodriguez. “How to Establish Your Social Media Recruiting Strategies.” SparkHire. September 4, 2014. Accessed on October 23, 2014 at http://hr.sparkhire.com/best-hiring-practices/how-to-establish-your-social-media-recruiting-strategies/. UNIFIED TALENT MANAGEMENT