Performance management for growth companies

SuccessFactors

Bausch & Lomb (a customer) via Vice President of Human Resources and Chief Privacy Officer Clay Osborne is talking about what performance management means to them as a growth focused company. Talent Management performance management Another article over at WPS mag to which I was pointed.

Why smart employees should love, nay, DEMAND performance management

SuccessFactors

With all this talk of the downsides of performance management going on in the blogosphere, I thought I might take a look at this from the employee perspective. Thusly: Some reasons why I, Max Goldman, like performance management and wouldn’t want to work for a company that didn’t do […]. Talent Management Employee Performance Management Performance Evaluations performance management Performance Reviews Workforce Performance Management

Up, up and away

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The 2006 talent management survey, conducted by IHRIM and Knowledge Infusion, found that 77% of the HR professionals think that talent management will only increase in importance over the next three years. Talent Management Employee Performance Management performance management Workforce Performance Management

The global talent battlefield

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As per The McKinsey Quarterly – #5 on the list of top trends to watch in 2006: The battlefield for talent will shift. Strategic HR Talent Management Employee Performance Management Thinking About HR Workforce Performance Management Ongoing shifts in labor and talent will be far more profound than the widely observed migration of jobs to low-wage countries.

A sad, sad fable…

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But it make you take note of the fact that Performance management ain’t a cure for stupidity, – that’s for sure. Strategic HR Talent Management Employee Performance Management Goal Alignment performance management Thinking About HR Workforce Performance Management About an American company. As told by Jason Corsello. It’s an entertaining tale, you should read it even if just for a laugh.

Poll: Make salaries public? NO!

SuccessFactors

Strategic HR Talent Management Employee Performance Management Thinking About HR Workforce Performance Management The poll we’ve been running here for the last few weeks has been asking “Would you be in favor of an “open salary” policy at your company in which everyone’s salary was published for all to see?â€? As you can see from the responses (nearly 200 of them) 60% of respondents said fuhggedaboudit (AKA no). […].

Is a bonus better than a raise?

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Via digg.com, I came across an article from the WSJ entitled “Employers increasingly favor bonuses to raises” – which discusses the whole concept of performance-linked bonuses. Strategic HR Talent Management Employee Performance Management Thinking About HR Workforce Performance Management Depends on who you ask.

Performance Reviews most pressing HR issue

SuccessFactors

Strategic HR Talent Management Employee Performance Management Goal Alignment Performance Evaluations performance management Performance Reviews Small/Medium Sized Companies SuccessFactors News Thinking About HR Workforce Performance Management You may have noticed a poll in the left-hand column over the past couple of weeks.

Why people leave organizations

SuccessFactors

Remarkable how many would fall under the banner of performance and talent management. Talent Management Employee Performance Management Workforce Performance Management Gautam has a list of the top 10 reasons why people leave organizations.

You’re getting fired if…

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” Certainly most companies don’t fire you for a bad review - even if you’re on a performance improvement plan as the article implies. […]. Talent Management Employee Performance Management Workforce Performance Management From AOL/CareerBuilder comes this list of 12 signs you’re getting fired. Everyone loves lists, but perhaps this one is somewhat overzealous in its paranoia. #4 4 on the list is “You had a bad review.”

Reality TV for business: House of Boateng

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Strategic HR Talent Management Employee Performance Management Thinking About HR Workforce Performance Management Perhaps somewhat off topic, I thought I would point out an interesting show that’s been airing on the Sundance channel. Called “House of Boateng,” it follows the zany misadventures of Ozwald Boateng (seen left), a London-based fashion designer, in his attempts to penetrate the US market.

Destroying your career in one easy step

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Strategic HR Talent Management Employee Performance Management Performance Evaluations performance management Performance Reviews Thinking About HR Workforce Performance Management I was forwarded this soon-to-be infamous email exchange between a spurned hiring lawyer and an uppity law school graduate today. It’s remarkable how little emotional intelligence is displayed on both sides.

Jack Welch loves HR

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Talent Management Employee Performance Management Workforce Performance Management Really, truly an invigorating little article from a couple of days ago in the UK’s Telegraph. In it, Jack and wife Suzy embark on a spirited defense of the importance of HR. I wish I had something to add to the article beyond a straightforward “see, I told you so” but I don’t. So in place […].

“Groundbreaking” research

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Strategic HR SuccessFactors Research Talent Management Employee Performance Management Thinking About HR Workforce Performance Management Jason Corsello picks up on our recent research announcement – calling the approach “groundbreaking.” ” You can see some early thoughts from SuccessFactors Research as previously posted here. Keep checking back for more of the “From our research” series.

Why new employees fail

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“A big reason is that a huge percentage of new employees, including new managers, are not clearly told what they were hired to do or what their goals should be for the first six months and the first year.” Strategic HR Talent Management Employee Performance Management Thinking About HR Workforce Performance Management According to this Fortune article, it’s because they don’t know what’s expected of them.

Microsoft ditches forced ranking

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Talent Management Employee Performance Management Performance Evaluations Performance Reviews Workforce Performance Management Regina points us to a post by Robert Scoble – Microsoft’s unofficial but omnipresent blogger – on MS’s ditching if it’s forced ranking process. “One big thing that’s gone? Stack ranking. No longer am I judged against Charles and Adam and Tina and Jeff.

Poll results: the I in engagement

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Talent Management Employee Performance Management Workforce Performance Management (Note: click on the graph to see a larger version)I’m closing the vizu.com powered poll that’s been running on the blog for the past few weeks and the results are pretty interesting. The question asked was “What are the most important factors in employee engagement?” ” and I based the answers on a Towers Perrin Survey […].

Nuts and Bolts of Succession

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Strategic HR Talent Management performance management Succession Planning Workforce Performance Management I was directed to this very good article from WPS magazine called Succession Planning: The Nuts and Bolts of the Process which is sort of a primer on succession planning. A couple of its most enlightening observations are that 1. people often make the mistake of biting off more than they can chew with Succession – meaning […].

Managing motivation

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Strategic HR Talent Management Employee Performance Management Thinking About HR Workforce Performance Management We’ve all experienced it. The loss of motivation at work. Sometimes it comes in waves. Sometimes in perpetuity. But why? What are the factors that influence motivation? This is the question posed (and answered) by this article by David Sirota, recently reprinted in HBS’s Working Knowledge.

ATS 40

From our research: Talent management is more than efficiency

SuccessFactors

Erik is leading a team focused on understanding - through detailed, data-driven analysis - how specific talent management behaviors drive business results – and then working to build those learnings into our product for the benefit of our customers. Strategic HR SuccessFactors Research Talent Management Balanced Scorecard Employee Performance Management Thinking About HR Workforce Performance Management

People tools for people people

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Here’s an article at Baseline that talks about some of the ins and outs of talent management applications by showcasing some of the companies that have chosen to implement them. Talent Management Employee Performance Management Workforce Performance Management We’re mentioned in there, as are competitors Authoria and Vurv. My most favorite bit includes a quote from (our customer) Gary Short of Kimberly-Clark: Human-resources […].

Tools 40

Catch the wave

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Jason Corsello of The Yankee Group (who writes a blog in his spare time and has a nice looking dog called Larry) in his growth forecast for the talent management market says: “”As the workforce becomes increasingly mobile and global, companies that invest in talent management solutions and examine it from a worldwide perspective will reap tremendous […]. Talent Management performance management Workforce Performance Management

What drives employee engagement?

SuccessFactors

Strategic HR Talent Management Employee Performance Management Performance Reviews Thinking About HR Workforce Performance Management Our new poll for the next couple of weeks is on the topic of employee engagement. Specifically, what, in your opinion, are the most important drivers of engagement? The responses are based on a 2003 report from Towers Perrin called “Understanding what drives employee engagement.”

The fatal flaw of self-assessments

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What they found was that the worst performers in a variety of tested categories often rated themselves on par with the best performers and in most cases far above average. Strategic HR Talent Management Employee Performance Management Performance Evaluations Performance Reviews Thinking About HR Workforce Performance Management Everyone thinks they’re above average.

Engagement is core to retention

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A management issues article points out that employee engagement is THE KEY concept in retention: Rather than working on employee engagement in parallel with staff retention and talent management, a high quality strategic emphasis on employee engagement will as a matter of course positively influence both staff retention and talent management. Strategic HR Talent Management Employee Performance Management Thinking About HR Workforce Performance Management

Stop checking your BlackBerry when I’m talking to you!

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Strategic HR Talent Management Employee Performance Management Thinking About HR Workforce Performance Management

Leveling the playing field and other tales of meritocracy

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The Human Capitalist (known more properly as Jason Corsello of the Yankee Group) shares his views on Performance and Talent Management. To wit: The solutions are not the “end-all-be-all” and will not solve all of the issues in the performance review process. Strategic HR Talent Management Employee Performance Management Performance Evaluations Performance Reviews Thinking About HR Workforce Performance Management

Leadership development is not (only) HR’s job

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Instead, they argue it’s the job of every operating manager and senior management up to and including the board should play a part: In this worldview, it is part of the line manager’s job to recognize his subordinates’ developmental needs, to help them cultivate new skills, […]. Strategic HR Talent Management Employee Performance Management performance management Succession Planning Thinking About HR

The sins of our bosses

SuccessFactors

DDI and Badbossology.com (that’s actually a real site) did a survey of 900+ employees to determine the worst (and best) qualities of a manager. And, the survey says: A bad manager: Tries too hard to be everyone’s friend Micromanages Ignores conflict Arrogant Wishy-washy Impulsive Unable to delegate Impatient Stubborn Unprofessional You’ll have to read the article […].

Solid ROI from talent management

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Talent Management Employee Performance Management Workforce Performance Management I came across this report from fidelity (PDF) while searching around. It provides the results of a survey on change in HR groups at large companies. Some interesting stats: 66% of large HR departments reported “providing only basic or low-level operations, administration and transaction support, but nothing more.”

HR as hospital strategic partner?

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Strategic HR Talent Management Employee Performance Management Goal Alignment Workforce Performance Management Via a google search I came across an interesting interview at a site called the Business of Healthcare. Specifically, I found a podcast with a gentleman named Steven Barney on the topic of Human Resources in healtchare. Mr. Barney is the SVP of HR for the SSM Healthcare system in the Midwest. Though the interview starts […].

Doling out raises no longer a single number proposition

SuccessFactors

An article from the WSJ (at AZcentral.com) on paying for performance. The article cites a few examples of companies struggling with the challenges of implementing pay for performance. Talent Management Employee Performance Management Workforce Performance Management It’s hard to be surprised by the fact that employees aren’t all thrilled with the idea of not getting the same increase as others in the company. […].

Tactics in the war on talent

SuccessFactors

Talent Management Employee Performance Management Workforce Performance Management SuccessFactors happens to be located directly across the street from Siebel headquarters in San Mateo, CA. As most of you know, Siebel was bought last year by Oracle and, as with any acqusition of that size, the future is unknown for many of Siebel’s employees. So today, circling the Siebel buildings are these shark-like trucks […].

Loyalty is fragile

SuccessFactors

Strategic HR Talent Management Employee Engagement Talent in Healthcare Thinking About HR Workforce Performance Management A colleague sent me this article from the Studer Group called “The Long Goodbye” It caught my eye because it formalized something I’d been considering for a long time: When someone decides to leave his or her company, it’s rarely an immediate reaction to a shockingly negative experience.

Pay for Performance a global phenomenon

SuccessFactors

A Towers Perrin report via Management Issues reports on the global spread of pay for performance. Talent Management Employee Performance Management Workforce Performance Management The success of the approach in North America and Europe has led to adoption in Asian and Latin American countries alongside regionally-based reward packages. James Matthews a Towers Perrin principal noted: “We are seeing annual bonuses, which used to […].

The opposite of strategic HR

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Strategic HR Talent Management Employee Performance Management Thinking About HR Workforce Performance Management I’ve been following an interesting line of thinking going on at Talentism about the idea of "Strategic HR," but I haven’t yet pointed it out. Though I do agree that the topic is timely and in some ways worthwhile, I haven’t waded in because I have some reservations about holding forth on HR strategy when, […].

Creatively retaining talent

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Strategic HR Talent Management Talent in High Tech Thinking About HR Workforce Performance Management GigaOm highlights Yahoo’s new attempt at retaining top talent. Called Brickhouse, the project is essentially an in-house incubator meant to give it’s entrepreneurial employees another reason to stick with the company.