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Re-Imagining Performance Management Atlanta, GA, May 27-29, 2014 Presentation exclusively for: TLNT.com High Performance Management Summit [email protected] @KenHRInnovator

Re-Imagining Performance Management: Yesterday’s Administrative Burden Now Drives Hard Business Outcomes

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Page 1: Re-Imagining Performance Management: Yesterday’s Administrative Burden Now Drives Hard Business Outcomes

Re-Imagining Performance Management

Atlanta, GA, May 27-29, 2014

Presentation exclusively for:

TLNT.com High Performance Management Summit

[email protected] @KenHRInnovator

Page 2: Re-Imagining Performance Management: Yesterday’s Administrative Burden Now Drives Hard Business Outcomes

Company Info• Founded in 1871

• Family owned & operated

• $3.5 bln global organization

• 19,300 dedicated associates in 443 offices in 157 countries

• F.A.M.I.L.Y. Corporate DNA

• Full Service Logistics Provider

[email protected] @KenHRInnovator

Page 3: Re-Imagining Performance Management: Yesterday’s Administrative Burden Now Drives Hard Business Outcomes

Customer References

[email protected] @KenHRInnovator

Page 4: Re-Imagining Performance Management: Yesterday’s Administrative Burden Now Drives Hard Business Outcomes

Turbulence & Change

• VUCA World

• Expectations & Change

• Need for EE Performance

• EE Challenges

• Talent Age

[email protected] @KenHRInnovator

Page 5: Re-Imagining Performance Management: Yesterday’s Administrative Burden Now Drives Hard Business Outcomes

Poll – Given the Realities of the “New Normal”, How Would You Rate the Effectiveness of Your Current Performance Management Process?

1. Highly Effective

2. Somewhat Effective

3. Somewhat Ineffective

4. Highly Ineffective

[email protected] @KenHRInnovator

Page 6: Re-Imagining Performance Management: Yesterday’s Administrative Burden Now Drives Hard Business Outcomes

[email protected] @KenHRInnovator

Page 7: Re-Imagining Performance Management: Yesterday’s Administrative Burden Now Drives Hard Business Outcomes

Performance Management Misconception Competency Based, Compensation-Tied, Bi-Annual or Annual Performance

Appraisals + Discussion Most Effective Strategy for Driving Employee

Performance & Engagement

Performance Management Reality

• 75%+ Feel Standard Performance Appraisal Process

Ineffective (Bersin by Deloitte, CEB, i4cp)

• Conflicting Messages, Burdensome Process

[email protected] @KenHRInnovator

Page 9: Re-Imagining Performance Management: Yesterday’s Administrative Burden Now Drives Hard Business Outcomes

Reimagining Performance Management

Study by Deloitte, 2014

[email protected] @KenHRInnovator

Page 10: Re-Imagining Performance Management: Yesterday’s Administrative Burden Now Drives Hard Business Outcomes

Building the Business Case

[email protected] @KenHRInnovator

Page 11: Re-Imagining Performance Management: Yesterday’s Administrative Burden Now Drives Hard Business Outcomes

SUBLIME Leadership™

sub·lime Adj.

1. elevated or lofty.

2. supreme or outstanding; made higher, nobler, purer.

3. complete; absolute; utter.

“Whereas the beautiful is limited, the sublime is limitless …” – Immanuel Kant

[email protected] @KenHRInnovator

Page 12: Re-Imagining Performance Management: Yesterday’s Administrative Burden Now Drives Hard Business Outcomes

SUBLIME Leadership ™

S – Strategic & Simple

U – Easy to Use & Understand

B – Business Relevant

L – Leader-Led

I – Integrated

ME – Meaningful (Execution)

[email protected] @KenHRInnovator

Page 13: Re-Imagining Performance Management: Yesterday’s Administrative Burden Now Drives Hard Business Outcomes

SUBLIME Performance Management“Necessary Burden” “Strategic, Value-Add, Developmental”

PM as Compliance Exercise PM as Developmental & Strategic58 Competencies 10 Competencies

Complex Training & Conducting Easy, Intuitive ProcessHR-Driven Process HR-Supported Business Process

0 Professional/Job-Specific Skills 3-5 Professional/Job-Specific SkillsCountry Visibility Global Visibility

HR Led / “Ideally Every 2-3 Years” Leader Led / “Ideally Every 6 Months”Basis for Comp Adjustment Basis for Talent Assessment/Programs

PA not Integrated, System Supported PA Fully Integrated, System SupportedNo Inclusion of Goal Agreements in PA Goal Agreements Included in PA

Manual Link (at best) to PDP Integrated PDP w/ Follow-Up Completion Avg. 5 months Completion Avg. 1 month

“Competing Priorities” / Confusion Clear Expectations / Alignment

[email protected] @KenHRInnovator

Page 14: Re-Imagining Performance Management: Yesterday’s Administrative Burden Now Drives Hard Business Outcomes

Summary, Actions, Q&A

• VUCA World = New Talent, Performance, & Leadership Challenges

• Assess if Current PM System Effective

• Discuss, Analyse, Build Business Case

• Apply SUBLIME Framework

• Reimagine PM Reimagine Possibilities

[email protected] @KenHRInnovator