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Performance management 2013 webinar

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April 18, 2023

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

April 18, 2023

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

How Much is Employee

Disengagement Costing Your

Organization?

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

Global Alliance Partners

Thanks for Your Timewww.bepms.com/whyBullseye

April 18, 2023