5 strategies for developing highly successful employees

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Ben Peterson

Co-founder and CEO

BambooHR

Jason Corsello

VP of Corporate Development & Strategy

Cornerstone OnDemand

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Communication brings

employee success

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

How can we make sure

performance reviews are

motivational and worthwhile?

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Performance reviews

of the past

• Tracking progress and completion were a nightmare

• Information was unreliable and quickly outdated

• Only looked at individuals

• Only provided feedback from direct supervisor/manager

• Difficult to analyze and report

• Couldn’t access data quickly

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

How can we increase performance

and prep tomorrow’s leadership?

Improve performance reviews

Mentor

Coach day to day

Create a feedback culture

Plan for succession

1.

2.

3.

4.

5.

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Improve the performance

review process

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Performance happens

daily, reviews should too!

Reviews should be:

• Conversational

• Purposeful

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

What managers can do

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

What employees can do

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

What organizations can do

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Mentoring56 percent of new hires want a mentor or buddy.

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Mentoring increases

productivity and retention95 percent of mentoring participants say the

experience motivates them to do their very best.

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Mentoring needs a

welcoming environment

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Mentors and mentees should

be willing participants

“We are all standing on the shoulders of those who believed in us

long before we believed in ourselves. They were mentors long

before the term gained the recognition that it has today.”

—Charlie Nelms, Huffington Post

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Coaching day to day

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Coaching: What to do

• Recognize achievements frequently

• Commit to development

• Be likeable

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Coaching: What NOT to do

• Don’t fixate on fixing stuff

• Don’t just tell

• Don’t make it one-way

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Coaching Results

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Creating a

feedback culture

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Companies are

lacking feedback.65 percent of people feel like they don’t

get enough feedback.

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Creating a

feedback culture

Encourage everyone

Establish ground rules

Create balance

1.

2.

3.

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Plan for succession

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

What should you consider when

building your process?

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

How can you develop

successful employees today?

• Identify and retain future leaders

• Create impactful development opportunities

• Develop a ready talent pipeline

• Increase employee engagement and retention

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Common Succession

Planning Mistakes

and Pitfalls

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

What can you do today?

Improve performance reviews

Mentor

Coach day to day

Create a feedback culture

Plan for succession

1.

2.

3.

4.

5.

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

Follow BambooHR and Cornerstone on social media:

bamboohr.com/blog | cornerstoneondemand.com/blog

Thank you!

5 Strategies for Developing Highly Successful Employees

bamboohr.com cornerstoneondemand.com

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