feedback, trends & the impact on 360 degree reviews

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Feedback, Trends & the Impact on 360 Degree Reviews By: David Perks On: 2 nd February 2016 @ 13:00 FREE WEBINAR Starting Soon

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Page 1: Feedback, Trends & the Impact on 360 Degree Reviews

Feedback, Trends & the Impact on 360 Degree Reviews By: David Perks On: 2nd February 2016 @ 13:00

FREE WEBINAR

Starting Soon

Page 2: Feedback, Trends & the Impact on 360 Degree Reviews

Housekeeping

“Please use the chat box for questions,

thoughts and Debate”

Page 3: Feedback, Trends & the Impact on 360 Degree Reviews

Applicant Tracking System (ATS)

Careers websites

Recruitment Support

Streamline your recruitment processes

Improve recruitment communications Promote your employer brand Reduce the costs of recruitment Tighter control on recruitment decisions Manage the ROI of recruitment Attract better quality people, faster

Recruitment Advertising

Page 4: Feedback, Trends & the Impact on 360 Degree Reviews

Feedback trends & the impact on 360o reviews

Page 5: Feedback, Trends & the Impact on 360 Degree Reviews

Pay Compliment is a new style of platform for the easy exchange of feedback via schedules, requests & public profiles

Within Reach Software PTY Ltd © 5

Page 6: Feedback, Trends & the Impact on 360 Degree Reviews

Survey Q1

Are you planning to change the way you approach performance reviews and in what timeframe?

a) Completed a change already

b) Change underway

c) Within the next 12 months

d) Within 12 – 24 months

e) Not planning to change

Within Reach Software PTY Ltd © 6

Page 7: Feedback, Trends & the Impact on 360 Degree Reviews

Abandonment of annual performance ratings is predicted to cross the chasm in 2016-17

Within Reach Software PTY Ltd © 7

Page 8: Feedback, Trends & the Impact on 360 Degree Reviews

The new way to manage performance is at a tangent to traditional 3600 feedback processes

• In the moment feedback

• No Ratings

• Coaching to develop vs appraisal of past

• Unstructured/Individualised check in’s

• Self managed or leader led

Within Reach Software PTY Ltd © 8

• Periodic process (often annual) • Based on rating scale against

competencies or criteria • Based on past performance • Structured/Standardised • HR led

3600 Norms

Evolving Norms

Page 9: Feedback, Trends & the Impact on 360 Degree Reviews

Survey Q2

Who do you think is most responsible for ensuring that sufficient feedback occurs for high performance?

a) Managers

b) Individuals (self)

c) HR

Within Reach Software PTY Ltd © 9

Page 10: Feedback, Trends & the Impact on 360 Degree Reviews

Technology has created the expectation that we can freely share views. Socially we are hyperconnected for feedback

Any place

Any time

By Anyone

Over Any observation

In Any format

Within Reach Software PTY Ltd © 10

Characteristics of Hyperconnected 360o Feedback

Implications to organisations

> Readiness

> Competency

> Compulsion

> Technology

> Governance & Reporting

Page 11: Feedback, Trends & the Impact on 360 Degree Reviews

Gain consensus on the value of feedback to you

Within Reach Software PTY Ltd © 11

Marco

Polo

Polo

Polo

What are our objectives? Are we moving in the right direction? Are we working well together? How close are we to our targets? Are we learning?

Are we having fun? Are we playing by the rules? Are we improving? Are we valued? What’s coming next?

Readiness Competency Compulsion Technology Governance

Page 12: Feedback, Trends & the Impact on 360 Degree Reviews

Baseline and Expand Feedback Comfort

Zones

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You

Your Manager

Your Team Mates

Your Team Mates

Your Team Mates

Your Supporters

Your Mentor(s)

Your Customers

?

Readiness Competency Compulsion Technology Governance

Page 13: Feedback, Trends & the Impact on 360 Degree Reviews

Within Reach Software PTY Ltd © 13

Feedback Variant Certainty Options Reputation Equity “The executive summary in your report is not as compelling as the one that Rob wrote recently, please redo it by adapting his, then let me see it again.”

The tone of the feedback makes me think there could be negative consequences later. This makes me feel defensive and protective. Since the feedback is not precise about the issue, I don’t have certainty that I can adequately resolve it

Options have been removed by being prescriptive about the way I am to act on the feedback.

Direct comparison to Rob creates a threat to my status irrespective of if Rob is more senior or experienced than I am. Needing to resubmit my work (potentially for more criticism) can light up the same brain circuits as physical pain.

I’m questioning did Rob have the same time pressure, competing priorities, levels of complexity to summarise, and a difficult client? Are we being evaluated by the same rules?

“You know the elements of a compelling executive summary. Can you have another look at this and make sure they’re all covered? This report will be your best yet after you’ve fine-tuned the summary and we’ve had another quick review.”

The steps to acting on the feedback are clear, and there is already confidence that I can meet expectations Being included in the subsequent review lessens the threat of uncertainty

It’s left to me to go back and check off all of the elements, and to include and improve anything that needs it

My value is recognised and it’s acknowledged that I have the required skills and experience to make good on the issue. Having the opportunity to beat my own “personal best” is likely to stimulate the reward circuitry of the brain.

I’m being compared to my own past performance and being coached on how to improve it – that’s seeming pretty fair to me.

The CORE model is referenced with kind permission of Head Heart + Brain (www.headheartbrain.com)

Readiness Competency Compulsion Technology Governance

Strengthen your CORE

Page 14: Feedback, Trends & the Impact on 360 Degree Reviews

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Rebekah was extremely knowledgeable, very

helpful, great personality, explained everything &

always with a smile … her assistance & patience

prompts me to acknowledge her & refer

her to my friends who need the same assistance

that I did. Thank you.

Rebekah works in the Electronics Department of Target in Selinsgrove, PA, United States

Your customers may be better at this than you are, use their stories to

inspire others

Readiness Competency Compulsion Technology Governance

Page 15: Feedback, Trends & the Impact on 360 Degree Reviews

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Readiness Competency Compulsion Technology Governance

Feedback has more than 2 flavours and a use by date

Page 16: Feedback, Trends & the Impact on 360 Degree Reviews

Survey Q3

Have you given or received actionable feedback so far this year?

a) Given Only

b) Received Only

c) Both given and received

d) No feedback yet

Within Reach Software PTY Ltd © 16

Page 17: Feedback, Trends & the Impact on 360 Degree Reviews

Within Reach Software PTY Ltd © 17

Readiness Competency Compulsion Technology Governance

Every touchpoint is an opportunity to advertise for and invite feedback

Hi, I’m your bartender today.

How did I do?

Please leave me feedback at: www.paycompliment.com

CRASH1

Crash Test cleaned your room today.

Leave them feedback at:

paycompliment.com/CRASH1

You were checked out by Crash Test.

Please leave him feedback at: www.paycompliment.com/CRASH1

You were checked in by Crash Test.

Please leave him feedback at: www.paycompliment.com/CRASH1

Invoice

Page 18: Feedback, Trends & the Impact on 360 Degree Reviews

Pulse Only

Praise Only

Gamified

Goal Centric

Incentivised

Fake 360

Anti-social

Within Reach Software PTY Ltd © 18

Readiness Competency Compulsion Technology Governance

With so many product choices what are the gotcha’s?

Non-inclusive

Anonymous

Rewards Based

Competitive

Rigid Scheduling

Inflexible Reporting

Intermediated/ Aggregated Feedback

Set up fees

Starting price

Data ownership

Lock in

Vendor Support

Page 19: Feedback, Trends & the Impact on 360 Degree Reviews

Continuous feedback requires continuous governance

Within Reach Software PTY Ltd © 19

• With check-in’s you can lose management visibility but you don’t have to

• Just replicating traditional reporting is a missed opportunity

• Both activity & quality can become easier to measure

• Use AI and BI for analysis if you can

• Try linking faster reactions to better business performance

• Split test feedback requests to see if you gain more insight from stories than surveys

Readiness Competency Compulsion Technology Governance

Page 20: Feedback, Trends & the Impact on 360 Degree Reviews

Within Reach Software PTY Ltd © 20

Readiness Competency Compulsion Technology Governance

Analysis of feedback can lead to fresh insights

Page 21: Feedback, Trends & the Impact on 360 Degree Reviews

Within Reach Software PTY Ltd © 21

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Analysis of feedback can lead to fresh insights

Page 22: Feedback, Trends & the Impact on 360 Degree Reviews

A 100 year history of Performance Management will not change overnight – Continuous Feedback is additive

• Trial in parallel with current periodic review practices • Start small & expand – you know you’re winning when it becomes viral • Experiment with best practices & make small adaptations to match your goals • Tailor your approach (and templates) to region, workgroup or down to the individual • Work with communications team to put feedback to maximum use • Analyse and find insights that yield performance advantages for the people and business

Within Reach Software PTY Ltd © 22

Page 23: Feedback, Trends & the Impact on 360 Degree Reviews

Continue the conversation

Within Reach Software PTY Ltd © 23

@PayCompliment

www.paycompliment.com/xecr1r www.paycompliment.com/crash1

goo.gl/noM1yp

[email protected]

1300 673 224 (National) +612 9922 2738 (International)