HCM-07€¦ · Senior Product Manager, Deltek Talent Management ... » HR » Matrix Managers »...
Transcript of HCM-07€¦ · Senior Product Manager, Deltek Talent Management ... » HR » Matrix Managers »...
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HCM-07:Drive Continuous Improvement with Modern Performance Management Practices
Dave Lee, Deltek
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Agenda
Introduction/Overview
Modern Challenges
Time To Modernize
Actual Solutions & Processes
Transition Plan
Conclusion
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Dave Lee ACPMPO, MBA, SPHR, SHRM-SCP
Senior Product Manager, Deltek Talent Management
Former HR executive with over 20 years of HR/Talent experience
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Modern Challenges
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Lack of Qualified
Candidates
Rising Employee Turnover
Employee
DisengagementSuccession
Planning
Disparate
Systems
AE Firms are Facing Real HCM Challenges
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Deltek Clarity 2019- A&E
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Deltek Clarity 2019- GovCon
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15% 2 to 1 71% 13.8% 92%
The Pace of Change is Accelerating
Only 15% of
employees are
engaged, globally (Gallup)
Actively disengaged employees outnumber engaged employees (Gallup)
Millennials who expect to leave their jobs within the next two years (Allegis Group)
13.8%
Employee
Turnover (A&E
Clarity)
Would consider an
offer from an
employer with an
excellent reputation (CR Magazine)
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Did You Know?89% of HR leaders surveyed agree ongoing peer feedback and check-ins have a positive impact on their organizations (SHRM)
Only 19% of millennials say they receive routine feedback. An even smaller percentage of millennials (17%) say the feedback they do receive is meaningful (Gallup)
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Deloitte
Only 8% of companies believe their performance
management process is highly effective in driving business value, while 58% say it’s not effective use of
time
Businessolver
92% of employees believe showing empathy is an
important way to advance employee retention
CoreAxis
45% of HR leaders do not think annual performance
reviews are an accurate appraisal for employee's
work
Covestro
68% of executives believe their employees would be
more engaged in their work and perform at higher levels if they had opportunities to be challenged by working on
purpose projects inside and/or outside the company
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Expectations of the Modern Workforce» Development and variety
» Autonomy
» Involvement
» Opportunities to showcase talents
» Excellent mentors
» Rapid advancement
» Chances to be “competitive”
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Changing the Way We Manage Performance» Over 80% of HR professionals
say they want to overhaul their
performance management
practices
» Most are concerned that they
do not have the right technology
in place to support a wide-scale
change
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Employee Growth & Development Company Growth & Success
Continuous Performance Management allows employees to feel heard and be involved, steer their careers, be managed objectively, engage in frequent communication, and fuel their development.
Continuous Performance Management, when handled effectively, also provides a mutual benefit that drives engagement and retention, increases institutional knowledge, and results in profitability and organizational success.
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Time To Modernize
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» Employee driven market, centered around “experience”
» More than a “check-in”
» Employees desire frequent feedback and communication
» Managers/Project Leads need to keep in lock-step with employees and team members, and add in multiple parties
» Organizations need to foster this, set a cadence, and train on effective practices
» SaaS product to track and align with goals, development, etc.
Why Continuous Feedback? The Power of Conversation
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Continuous Employee Development & Improvement» Is CF the sidecar to all the post-hire processes, or
is it the central system that ties it all together?
» We need to influence that it is the latter
» The ROI involves
» Valuing perspective and input
» Moving projects forward
» Keeping development, goals and learning on track by “looking forward”
» Real-time discussions that outshine the year-end appraisal “looking backward” discussion
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» Track sessions
» Participant acceptance
» Progress and status
updates
» Signatures
Continuous Feedback
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» Add any employee(s)
» HR
» Matrix Managers
» Project Managers
» Peers
Additional Participants
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» Out of the box meeting
reasons and discussion
points
» Configurable and ability to
add new
» Manager and Employee
perspectives
Configurability
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CF to Discuss Development
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CF and Learning» Learning assists in meeting development needs
» Mitigates gaps, fuels growth
» LMS/External
» CF discussions can be used for Q&A and
Learning debriefs
» Meet Learning objectives
» Practical application of Learning
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» Project milestone discussions
» Progress, roadblocks, involvement
» 16.1- Project Team CF!!!
CF For Projects
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Common Issue
» We set goals or items to
measure/assess in an appraisal,
and we forget about them until the
11th hour.
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CF To Keep Appraisal On Track
Use CF discussions on a regular
cadence to discuss progress towards
competencies, skills, goals, metrics,
etc.
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» Meaningful goals
» Best Practices
» 3-5 goals per employee
» Most fit the mutual
benefit concept
» Consider one being
“personal”
Why Continuous Goal Management?
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» Project milestones
» Internal & External Learning
» Stretch assignments
» Skill and Competency gains
» Shadowing
» OTJ Learning
What Are Meaningful Goals?
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» Writing tips
» Scoring options
» Progress updates
» Status updates
Goal Writing
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» Still using appraisals?
» Set at workflow level
» Active goals at time of
appraisal launch
Dynamic Goals
Dynamic Goals in Appraisal Workflows
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» Development plans wrap
objectives together
» Creates a defined total path
towards a growth initiative
» HCM-06 later today
Why Development Plans?
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» Powerful suggestions that
assist managers
» Used in tandem with other
areas of DTM product (LMS for
example)
Plan Items
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Transition Takes Patience, Process, Influence and Communication
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Gain and Influence Buy-In
Define Continuous
Performance
Management
Process
Rollout
Be the agent of change and influence the organization
appropriately
Define Continuous Performance Management
process with assistance from stakeholders
Communication of plan and rollout strategy, training
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Communication
and Training
Time to shine!
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Gain Buy-In
Solution Part 1
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Influence By Persona, Pain Point» Your solutions and ideas should generally solve
problems…for all levels
» Align your influence and pitch strategically with
each pain point tied to an employee
persona/level
» Paint the picture vividly with your solutions
» Let’s look at an example with implementing
Continuous Performance Management
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» Our top concerns are project profitability, customer loyalty/success and employee productivity/engagement/retention
» Without engaged, growing, knowledgeable, talented staff, we cannot achieve revenue/billing goals and return a profit to our shareholders/ownership
» Customer loyalty is achieved by providing an all-around experience with our organization. Continuous Performance Management allows us to stay in lock step with our employees and align their performance with our objectives, while enhancing their ability to provide such an experience
» Continuous Performance Management allows us to set meaningful goals which contributes to a mutual benefit of employee and company success
Senior Leadership
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Benefits by Role
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Benefits by Role
» I want to pay for a product and see solutions
implemented that are providing ROI and help us
move the needle
» Continuous Performance Management allows us
to set objective goals that can actually be
measured…and visibly contribute to our success
» Continuous Performance Management assists in
deepening/broadening our talent, which in turn
provides opportunity to win additional contracts
and bill at higher rates
Finance
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» Continuous Performance Management keeps our employees
from becoming stagnant, and provides significant
development opportunities
» Allows our employees to be heard and be in the driver’s seat
of their own careers
» Today’s employees want continuous development, and
Continuous Performance Management is key to their
engagement and retention
» Assists us in achieving our succession planning goals by
mitigating/closing knowledge/skill gaps
Human Resources
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Benefits by Role
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Benefits by Role
» Allows me to stay in lock step with my staff, and
improves our relationship and connection
» Engages and retains my staff, reducing turnover
and “malcontents”
» Increases my department’s skills and
competencies
» Deepens/broadens our range of skill and
competency development, including both
technical and soft skills, assisting my
department and project teams in achieving
success
Manager
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» Allows me to stay in lock step with my manager, and
improves our relationship and connection
» Increases my department’s skills and competencies
» Demonstrates that my manager/employer value my
perspective, growth and development
» Engages me and impacts my retention
» Increases my skills and competencies, allowing me to be
prepared for career pathing
Employee
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Benefits by Role
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When 80% benefit, don’t let 20% bring you/it down
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Develop Your Process
Solution Part 2
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Your Process» Involve stakeholders from the beginning
» Pull goals OUT of the appraisal process
OR Establish goal process
» CF Sessions every X days
» Key reason, keep goals and development on track
» Train your Managers on goal setting and effective
discussions
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© Deltek, Inc. All Rights Reserved.43
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44
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Milestones
1 2 3During “Buy-in” &
Planning
During
Implementation
Post-
Implementation
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Train Managers & Employees
Solution Part 3
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Training Plan» Tailor to user permissions/access/roles
» Define the “why” and expected gains
» Timeline
» Map the process
» Documents/aides
» “What If” preparedness
» Ongoing assistance, communication and feedback
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» Consistent discussions across your
organization
» Everyone speaking the same
“language”
» Ease of training managers and
employees
» Steer objectivity and productive
outcomes
Discussion Points
Configurable Meeting Reasons & Discussion Points
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Time To Go Live!
Solution Part 4
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Types of Measurement
User Adoption Rates Impact of New Processes Metrics
Performance Organizational Readiness Engagement & Retention
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Optimization
Workshops/
Additional
Consulting
Talent Reporting
Tool Packages
Module Add On
Implementations
Technical Integrations &
Data Migration, Scripting
Administrator &
End-User
Training
Why work with Talent
Consulting team?We can offer the following:
For more information visit www.deltek.com/globalconsulting
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Questions?
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