1 performance & performance management class 11-mgmt 4000 linda miklas and christina finegold...
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Performance &
Performance Management
Class 11-MGMT 4000Linda Miklas and Christina Finegold
April 13, 2010
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AN INTEGRATED TALENT MANAGEMENT SYSTEM
Talent Management
Workforce Planning
Forecasting of talent needs and demand
Assessment of current workforce
Gap analysis
Recruitment
College recruitment
Experienced hires
Internal-external
On-boarding
Professional
Development
Experience based
Relationship Based
Feedback based
Education & training based
Leadership/High
Potential Developme
ntStretch/special assignments
Executive coaching
Cross-functional & international opportunities
Education/ training
Performance ManagementGoal alignment
Competency profiles
IDPs
Feedback/ measurement
Reward/ recognition programs
Culture
Corporate values
Flexible workplace
Diversity programs
Internal communications
Human Capital Requirements
Business Unit Goals
Organizational Strategies
Retention
Specific efforts
Total rewards
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PERFORMANCE MANAGEMENT
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Planning: Work Goals
• Provide a roadmap to achieve success• Set clear expectations of results • What is to be achieved • Dynamic in nature, not static• Aligned with the organization goals and
values• Managers set goals related to employee
development
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“SMART” PrinciplesS – Specific and Stretch
M – Measurable
A – Aligned
R – Realistic
T – Time-bound
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Work Goal: Example• Before: Increase number of prospect visits.
• After: Complete140 prospect visits (increase of 10%), by:• Conducting 35 visits per quarter• Spending the equivalent of 1 week per month
on the road• Keeping expenses level by clustering visits
geographically and planning in advance for lower fares.
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Factors for Goal Achievement
1. I can vividly picture how great it will feel when I achieve my goals
2. I will have to learn new skills to achieve my assigned goals3. My goals are absolutely necessary to help the organization4. I actively participated in creating my goals5. I have access to any necessary formal training 6. My goals will push me out of my comfort zone7. My goals will enrich the lives of somebody besides me
(customers, community, etc.)8. My goals are aligned with the organization’s top priorities
Leadership IQ Study: Are SMART Goals Dumb?
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HARD Goals
• Heartfelt – Goal will enrich the lives of others• Animated – Vivid picture of how great it feels
to achieve the goal• Required – Goal is absolutely necessary for
the organization• Difficult – Must learn new skills and leave
comfort zone
Leadership IQ Study: Are SMART Goals Dumb?
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Development GoalsSome examples:• Training - On-the-job training, Job shadowing, On-line
learning• Reading/studying/research• Working with someone with the skill• Developing a mentor relationship• Attending a conference• Cross team projects
Important: What is the person going to do with the knowledge/skills; what is the impact?
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Feedback
• Positive: reinforce preferred behaviors
• Constructive: change/improve behavior
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Behavior + Impact
PositiveIn addition to saying “That was a great job.” Say…
Behavior: John, you did a great job on Project XYZ. You tuned in to the client’s needs, and made sure that everyone understood the project’s goals and objectives before the project started…
Impact:…Your project team stayed on the same page, and resolved issues quickly and responsively – which contributed to your ability to complete the project on time and within-budget.
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Behavior + Impact (with Alternative Behavior) Example
Constructive Instead of saying “That’s not the right way to do that.” Try…
Behavior: Victoria, as you know, we recently changed our procedures. I noticed that you continue to work the old way, and that’s inconsistent with what is expected now.
Impact: This hinders the department’s ability to get our work done on time, which means that we’re behind in meeting our goal, and the rest of the department has to pick up the slack. Let’s talk about what’s going on.
Alternative Behavior: Moving forward, please follow the new procedures.
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Performance CoachingWhat is “Coaching”?
An ongoing conversation between a manager and a staff member, which focuses on using and improving an individual’s skills, knowledge, and ability to achieve goals.
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Coaching: Open-ended Questions• Examples
What did you do well?
What would you do differently the next time?
What was your biggest success with the project?
How did you prepare for that meeting?
What are the most difficult problems that you are facing so far? What are some ways to overcome them?
Where do you get the most satisfaction? How could you bring those elements into other areas of your job?
Always ask, How can I support you as your manager?
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Assessment Principles
• Build on conversations to date
• No surprises
• Provide specific and behaviorally focused feedback
• Represent entire performance period
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Assessment Steps
Gather Information
Write Assessment
Review Meeting
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Assessment TendenciesPositive Tendency Giving all employees positive assessments overall
Strictness Tendency
Giving employees only constructive, critical feedback; overly demanding
Central TendencyPlaying it safe by giving employees that same type and content of assessment
Halo EffectAssessment is based on a general impression of overall performance not specific, individual performance
Similar to MeAssessment is based on perception that those with certain values/habits similar to yours are successful
Recency EffectLooking only at recent events, a snap shot instead of the long view over the entire assessment period
Past Performance Effect
Being influenced by past performance rather than performance within the current cycle
Contrast EffectDirect comparison of staff member to others at same or higher levels, rather than performance on goals
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Effective Recognition Programs: Key Components
1: Link Rewards to Company Strategies and Goals2: Impact a Large Number of Employees3: Create Simple and User-Friendly Systems4: Involve Employees in the Design and Implementation Phase5: Involve and Train Managers6: Communicate and Promote the Program7: Give Personalized Awards, Not Money8: Give Immediate and Innovative Awards9: Enable Peer Recognition10: Continually Reevaluate the Program
Source: 2006 Corporate Executive Board, Corporate Leadership Council’s “Creating an Effective Reward and Recognition Program”
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PERFORMANCE MANAGEMENT
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References
• Execution: The Discipline of Getting Things Done. Bossidy, Larry and Charan, Ram, 2002, Crown Business.
• Reframing Organizations: Artistry, Choice, and Leadership. Bolman, Lee G. and Deal, Terrence E., 2008, Jossey-Bass.
• Leadership IQ Study: Are SMART Goals Dumb?
• 2006 Corporate Executive Board, Corporate Leadership Council’s “Creating an Effective Reward and Recognition Program”, CLC15AEYS5