3 ways performance management will change (2016)

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3 WAYS PERFORMANCE MANAGEMENT WILL CHANGE IN 2016 June 14, 2016 Robin Schooling, HR Executive and Strategist Eric Bauer, Product Marketing Manager, Globoforce

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Page 1: 3 Ways Performance Management Will Change (2016)

3 WAYS PERFORMANCE MANAGEMENT WILL CHANGE IN 2016 June  14,  2016    

Robin Schooling, HR Executive and Strategist Eric Bauer, Product Marketing Manager, Globoforce

Page 2: 3 Ways Performance Management Will Change (2016)

Robin Schooling

HR  Execu1ve  and  Strategist  

Eric Bauer Product  

Marke1ng  Manager  

Page 3: 3 Ways Performance Management Will Change (2016)

AGENDA

•  Evolu1on  of  the  workplace  and  changing  needs  

•  Three  ways  performance  management  will  change  in  2016    

• Ac1on  items  to  maximize  performance  

Page 4: 3 Ways Performance Management Will Change (2016)

WHAT DOES PERFORMANCE MANAGEMENT MEAN IN YOUR

ORGANIZATION?

Page 5: 3 Ways Performance Management Will Change (2016)

PM IS NOT A SPECTATOR SPORT

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MATCHING THE PM PROCESS TO THE WAY WE WORK

•  Pace/project  cycles  •  Matrixed  organiza1ons    •  Increase  in  cross-­‐func1onal  teams  and  

collabora1on  

Can  your  employees  trust  the  Performance  Management  process  as  it  is  today?    

Page 7: 3 Ways Performance Management Will Change (2016)

Awkward

AWKWARD

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INFREQUENT

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SINGLE POINT OF FAILURE

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Same Process, New Technology

SAME PROCESS, NEW TECHNOLOGY

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COMPANIES DITCHING TRADITIONAL PERFORMANCE REVIEWS

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2016

Page 14: 3 Ways Performance Management Will Change (2016)

PERFORMANCE MANAGEMENT PROCESS IS DYNAMIC

•  Managers  are  clear  on  what  “good”  looks  -­‐  behaviors  and  performance  

•  Manager  acts  as  a  coach  •  Con1nuous  check-­‐in  conversa)ons  /  

Just-­‐in-­‐1me  feedback  •  Talk  strengths-­‐based  development,  

competencies  and  upskilling  in  addi1on  to  progress  on  tasks    

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POSITIVE FEEDBACK IS CROWDSOURCED

•  Employees  are  ac1ve  par1cipants  •  Anyone  can  act  as  a  coach  •  More  fair  and  robust  view  of  

performance  

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PERFORMANCE MANAGEMENT IS PERSONALIZED

Use  data  to  iden1fy  HIPOs  and  high-­‐performing  teams:  1.  What  are  the  capabili1es?  2.  What  are  they  doing?  3.  How  are  they  doing  it?  4.  Who  are  they  doing  it  with?  

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PERFORMANCE AND SOCIAL RECOGNITION

Social  recogni1on  allows  you  to:    •  Gather  crowdsourced  peer  feedback  •  Reinforce  the  right  behaviors  and  

show  everyone  what  good  looks  like  •  Start  reviews  with  data  and  improve  

fairness  •  Capture  a  history  of  achievements  to  

reference  during  con1nuous  check-­‐ins  •  Check  performance  ra1ngs  against  

peer  posi1ve  feedback  •  Iden1fy  Hi-­‐Po’s  through  eyes  of  peers  

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ACTION ITEMS

1.  Iden1fy  desired  outcomes  2.  Analyze  design  &  delivery  3.  Strengthen  the  drivers  of  success  

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THANK YOU