bizlibrary performance management solution
DESCRIPTION
bizlibrary.com/performanceTRANSCRIPT
S O L U T I O N B E N E F I T S
BizLibrary Performance Management automates, simplifies, streamlines,
and improves the entire employee performance management process.
The cloud-based performance solution helps your employees align their
individual goals to the overall organization, identifies skill gaps that hinder
performance, and receive the regular feedback and recognition they need to
stay engaged.
• Creates a more evidence-based review process.
• Eliminates the need to track performance records by hand
or on spreadsheets.
• Increase the frequency of feedback and documentation.
• Compare individual employee performance across the
team and organization.
• Integrated messaging and notifications.
• Align individual, team and organizational goals.
• Measure progress towards goals in real time.
• Adjust performance based upon real time data, making the
achievement of annual goals easier and more realistic for
individuals, teams and the organization.
• Create job standards and identify individual and group
skill gaps.
• Close skill gaps and address areas of opportunities with
training and development resources.
• Track and measure performance to goals on a weekly,
monthly and quarterly basis.
• Incorporate peer-to-peer recognition into the performance
review process.
• Increase the engagement level of your entire workforce.
• Increase employee and manager satisfaction with the
performance review process.
• Utilize the best features of web 2.0 and social media by
allowing managers to create journal entries and share
user-generated content.
According to Bersin & Associates,
organizations that manage goals are 26% more
profitable than their peers who do not manage
goals. Companies which revisit their goals
quarterly generate nearly 3X the return of
companies that implement top-down goal
management annually.
You can improve the overall performance
management process by taking three steps:
Automate the process
Focus on goals and performance results
And apply crowd wisdom
BizLibrary’s Performance Solution does more than just put your
Performance Reviews online. Performance links evaluation of
employee performance to data, information and key competencies.
BizLibrary’s Performance Solution provides clear indicators in real time
about progress towards goals. Automation makes it possible for
organizations to take a longer, broader and more realistic view of
employee performance and improvement.
Effective goal management requires organizations to incorporate
goals into the day-to-day work flow and culture of the entire
organization. BizLibrary’s Performance Solution provides a systematic
way of evaluating performance based upon goals supported by data
and aligned across the organization.
As managers and employees are working together on goals,
employees can get the development they need when gaps arise or
managers can add resources to ensure teams hit targets. This sort of
real-time access to data and information creates agility and forms the
basis of goal management and achievement in this fast-paced market..
Multi-rater reviews and assessments can include self-evaluation, peers,
direct reports, direct managers and indirect managers. 360˚ reviews
allows each employee to understand how their performance and
behaviors are viewed by others and helps the employee gain a better
understanding of their skills, strengths and gaps. By including data and
feedback from a broad network you’re able to see a more complete
picture of performance. The results from the 360˚ assessment can be
used to make specific learning plans and identify development
opportunities.
Sally Sales
Chris Osborn
Successful organizations in this marketplace are agile, collaborative,
and innovative, and share information quickly and broadly. BizLibrary’s
Performance Solution allows manager and employee generated
content to be incorporated into the review process. The two-way
exchange of information in real time offers a valuable opportunity for
manager and employee to align both their expectations and actual
assessments of performance during the course of the year rather than
waiting for the annual review.
Peer-to-peer recognition and continuous feedback allow you to more accurately measure the performance of your
employees and the contribution each employee makes to the overall organization's success. Numerous studies show
that recognition is a very important factor impacting employee performance, motivation and engagement. By including
peer recognition in the performance review process, organizations can gather a more complete perspective, increase
engagement and improve performance.
The two-way exchange of information in
real time offers a valuable opportunity for
manager and employee to align both their
expectations and actual assessments of
performance during the course of the year
rather than waiting for the
annual review.
A key aspect to generating performance reviews that are goal driven
and objective is the ability to link them directly to the key competencies
associated with each employee’s job role. By including competencies
and job standards, employees are accountable for performance of
competencies that will promote the goals against which success is
measured. Skill gaps and development activities can be identified both
individually and as a group.
Sally Sales
Feature
Performance Management System
Import / export user data
Access to the branded site wizard
User and user group administration
(Assignment, Reports, and Custom Grouping)
Create and manage goals, alignment and weight scales
Import existing training materials and documentation as resources
(PDF, PPT, DOC…more)
Individual and group gap analysis
Customized performance reviews
180, 360 degree and multi-rater reviews
Peer-to-peer recognition
Track learning history and development activities
Email messages and notifications
Service
Cloud hosting
Dedicated account manager & quarterly program reviews
Technical support for users
Administrative training and support
Dedicated administrative support line