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April 18, 2023
Webinar Agenda
How To Approach Performance Management (5 Minutes)
The BullseyePerformance Value Proposition (5 Minutes)
The ROI of Social Performance Management (5 Minutes)
Live System Highlights (15 Minutes)→ Performance Management Made Simple!→ Social Feedback for Employee Engagement→ Intuitive Business Intelligence KPI Dashboards
Questions & Discussion (open time)
How To Approach Performance Management
Key Success Factor: Employee driven feedback guided by manager objectives supported by a standardized performance process.
Encourage frequent social feedback and recognition regarding goals management driven by employees.
“Point & Click” communications for managers supported by a standardized performance management process.
04/18/2023
Aligning Human Capital Strategy with Organizational Context
ObjectivesCore competencies
Strategy for competitive advantage Critical success factors
Performance criteria / standards
Structural designFunction / unit relationshipsCoordinating nonemployees
Workplace designEmployee role definition
Organizational Strategy
PerformanceManagement
Vision
Mission
Organizational Structure
Human Capital Requirements
Human Resources Strategy
HistoryCore ideologyCurrent norms
Culture
Size / complexity / maturity
Industry / business
Product competitiveness
Geography / market coverage
Critical human capital requirements
Stakeholder expectations
Learning capacity
Resources available:
– capital
– technology
– intellectual property
– infrastructure
– human resources
Organizational Realities
Competition
Economics
Social / political climate
Natural resources
Labour / skills supply
Infrastructure
Product market characteristics
Interorganisational relationships
Environmental Realities
Linking Performance Measurement Systems to Organizational Strategy
PerformanceMeasures
PerformanceExpectations
PerformanceMeasurement
RewardAllocation
Performance Management System
Value Creation (or loss)
Organizationwide
Team/Unit/Group
Individual
OrganizationalStrategy
CriticalSuccess Targets
Measures ofPerformance
Performance vs.CST Expectations
RewardAllocation
April 18, 2023
Talent Management
Learning & Growth
Performance Management
To produce:Strategy Driven Performance
ALIGNED
CAPABLE
ENGAGED
ALL P
EOPLE
ARE F
ULLY:
7
®BullseyePerformanceManagementMade Simple! ©
Employees seek
feedback to
maximize their
contribution
Teams have a vested interest in coworker’s
performance
Builds loyalty in a supportive climate
Unleashes a drive
to be creative/exceed
expectations
Corporate Strength
April 18, 2023
The Business Case for Employee Engagement
The Business Case for Employee Engagement:XOnly 1 in 3 employees is engaged.XGreater than 80 percent of U.S. workers are dissatisfied with their performance reviews.X4 out of 5 employees are not satisfied with the level of recognition they receive at work.
Impact of a Perform Culture is nearly 4X revenue growth and 10X net income growth. Engaged employees are 2X more productive at work. Feedback and recognition further motivates employees. Goal setting improves performance by 15 to 25% depending upon job type.
Disengaged Employee
Engaged Employee
- Going through the motions
- Often invisible- Dutiful, but
negative- Show up only for
check-ins- Negatively impact
the team - Don’t leave the
organization
Emotionally Connected.
Overachieve. Discretionary
Efforts. Love their jobs. Believe in their
employers’ goals. Positive influence
on coworkers and department performance.
The Bottom Line: Organizations that use Human Capital Management processes outperform the competition.
44% higher revenue growth 26% higher revenue per employee 109% higher retention
What is the price of employee engagement?
Engagement Level Definition % of Employees
Passionate about their work Proud of their job and company Will do what it takes to deliver results on time Acts like a true owner Delivers consistently Problem solver approach Serves as a role model Focused Works well with others and will help out when asked
FullyEngaged
employees are 122% more productive.
10-25 % of the employee population.
Selective about where they put their energy Spends a lot of time doing tasks (not results oriented) Does what it takes to get by
Somewhat Engaged (75% productive)
30-55%
Only works when they have to, Poor results Has a “We”—“They” perspective Negative about the organization Negative around coworkers and customers Going through the motions and often invisible Dutiful, but negative Show up only for check-ins Negatively impact the team Don’t leave the organization
Disengaged Employees(50%)
20-35%
Today, only 1 out of 3 employees is engaged. What is not measured cannot be improved.
The ROI of Improved Engagement
Performance Management ROI Calculation: 500 employees at an average compensation of $50,000 plus 28% benefits = $64,000 per employee = $32,000,000 payroll.
35% somewhat engaged or disengaged = 175 disengaged employees.
What is the cost of partially engaged employees?
At 65% performance level =$3,216,000 overpayment and lost ROI.
Would you pay $5 per employee to have Engaged Employees?
Social Feedback for Employees + Performance Management for Managers + KPI Dashboards for Executives
Drive a Culture of Performance thru Frequent Feedback
Our approach to performance management helps managers effectively manage within minutes. -Facilitates social feedback & coaching/mentoring. -Connects employees activities to corporate goals via a comprehensive virtual business dashboard solution that encompasses employee specific goals tied to operational and corporate performance metrics.
Organizations use Bullseye to: Drive Employee Engagement. Document standards, performance, and compliance.
Organizations choose Bullseye when they require a direct link between work, operating measures and corporate objectives.
April 18, 2023
Speaker Video
http://youtu.be/tsL5PHePX9o
How Bullseye Bridges the Gap.
Rolf Kleiner, SVP and Chief Innovation Officer Kelly Services
Bullseye Performance Management connects employee management & operations management in a simple, streamlined solution for managers.
http://youtu.be/Jqq4yGkRRDg
Strategic Performance Management.
Brian Dickens, SPHR, Texas Southern University Executive Director of Human Resources and Payroll Services
Bullseye Performance Management enables strategic HR, employee engagement, and facilitates business outcomes.
How Bullseye Solves Performance Management.
Robert D. Remy, Attorney at Law
Bullseye Performance Management is a profit center.
The Future of Social Work.
Paul Daoust, Non-Executive Chairman, High Roads, Inc
Performance management for the worker. Intuitive.
Watch more videos online here: http://www.youtube.com/user/BULLSEYEPERFORMANCE
MissionAdd value to our clients by enabling a culture of coaching and mentoring that stimulates employee engagement. We accomplish this through our innovative Performance, Communication and Virtual Business Management Solutions (KPI Dashboards).
VisionTo be the leading provider of Performance and Operations Management in one simple integrated solution.
®BullseyePerformancePerformance Management Made Simple! ©
BullseyePerformanceManagement©
Social Feedback for Employee Engagement System
BullseyeOPS™
Operations Management System©
BullseyeSurvey™
Client/Student/Customer Satisfaction Survey©
Solutions for Total Organization Performance
®BullseyePerformance Management Made Simple! ©
BullseyePerformance Appraisals
Feedback & Communications
Goals Management
Learning & Development
Competencies & Succession Planning
Training & Consulting Support
Product Differentiators Non-Form based solution
Performance and Operations Management in one simple integrated solution
Years ahead of competition – cutting edge technology
Shortest deployment & implementation time among enterprise systems
Simplest user interface
Compatible with all browsers
Affordable
Benefits:
1. Eliminate Time-consuming Paperwork
2. Improve Documentation History
3. Reduce Overall Legal & Financial Risks
4. Enable Alignment of Goals & Review Criteria
5. Provide Actionable Management Insights
6. Complete Reviews in Under 10 Minutes
7. No IT/Requirements
8. Affordable & Short Start Up Timeline
9. Real Time Information for Decision Making
Live System Introduction 2 Clicks
Historical Data
Enable Alignment
Actionable Feedback
Suite of Features
Highlights: Intuitive - Visual – Point & Click Evaluation Screen
Simplicity
Bullseye is the only non-forms based solution.
Highlights: Intuitive - Visual - One Page Evaluation Screen
Simplicity
It’s as simple as A,B, CA. Define Your Performance Elements.
B. Define your Goals, KPI Metrics, and Workflow. C. Bullseye is completely configurable.
Performance Management Solutions
Goals Management
Succession Planning
Training Management
Employee Evaluations
Competency Management
Key Performance Indicators
The Bullseye Value Proposition: Ensuring the organization meets / exceeds strategic goals via systems and programs that enhance:
Performance, Engagement, Alignment, & Capabilities.
Raving Fan Clients
Alimek Hek
Artistic Auto
Bizjet
Bellagio’s
BC Technical
Central Valley Regional
Concept Schools
COA
Coaching for Change
Dayton Physicians
North Texas Conference
Physicians United
Port Royal
Rand Group
Sam’s Steamed Burgers
Solara Medical
Transport for London
Texas Southern University
Turbosquid
University of St Thomas
Detroit Manufacturing
Elastec
HIT
IQ Solutions
3PD
Kelly Services
Kenexa
Mustang Cat
Global Footprint
DubaiFrankfurtJohannesburgKuala LumpurLondonMadridMelbourneMexico CityMoscowSao PauloSingaporeTorontoZurich
AtlantaBostonChicagoDallasDetroitHoustonLos AngelesNew YorkTroy