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Five Steps to a More Intelligent HR Function Measuring, Analysing & Improving People Performance. Presenters: Bernard Marr, Founder and CEO, Advanced Performance Institute Lorna Daly , Customer Account Manager, Halogen Software UK Today’s Webinar Is Sponsored By
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Five Steps to a More Intelligent HR FunctionMeasuring, Analysing & Improving People Performance Presenters: Bernard Marr, Founder and CEO, Advanced Performance Institute Lorna Daly, Customer Account Manager, Halogen Software UK Today’s Webinar Is Sponsored By Halogen eAppraisal™ is one of the most highly recommended Employee Performance Management solutions on the market. It provides a powerful, flexible and cost-effective way to align goals, deliver detailed performance evaluations, develop critical talent and drive employee performance.
How to Participate Today • Open and close your Panel • View, Select, and Test your audio • Submit text questions • Q&A addressed at the end of today’s session • Everyone will receive an email within 24 hours with a link to view a recorded version of today’s session
Bernard Marr Today’s Presenters: Founder and CEO, Advanced Performance Institute Lorna Daly Customer Account Manager, Halogen Software, UK
Outline Introduction & Background More Intelligent HR Decision Making Intelligent HR strategies Intelligent HR information Intelligent insights Intelligent communication Intelligent decision making Conclusion / Discussion
Background ■ ■ Research Consulting Training
Companies & Organisations ■ ■ Research Consulting Training
The Intelligent Company Model 1. Agree Strategic Objectives and Priorities Strategic Review 5. Make Better-Informed Decisions 2. Collect the Right Management Information Information and Communication Infrastructure 4. Present and Communicate the Insights 3. Analyse the Data and Extract Insights
The Intelligent Company Model 1. Agree Strategic Objectives and Priorities Strategic Review 5. Make Better-Informed Decisions 2. Collect the Right Management Information Information and Communication Infrastructure 4. Present and Communicate the Insights 3. Analyse the Data and Extract Insights
The Intelligent Company Model 1. Agree Strategic Objectives and Priorities Strategic Review 5. Make Better-Informed Decisions 2. Collect the Right Management Information Information and Communication Infrastructure 4. Present and Communicate the Insights 3. Analyse the Data and Extract Insights
The Intelligent Company Model 1. Agree Strategic Objectives and Priorities Strategic Review 5. Make Better-Informed Decisions 2. Collect the Right Management Information Information and Communication Infrastructure 4. Present and Communicate the Insights 3. Analyse the Data and Extract Insights
The Intelligent Company Model 1. Agree Strategic Objectives and Priorities Strategic Review 5Make Better-Informed Decisions 2. Collect the Right Management Information Information and Communication Infrastructure 4. Present and Communicate the Insights 3. Analyse the Data and Extract Insights
The Intelligent Company Model 1. Agree Strategic Objectives and Priorities Strategic Review 5. Make Better-Informed Decisions 2. Collect the Right Management Information Information and Communication Infrastructure 4. Present and Communicate the Insights 3. Analyse the Data and Extract Insights
Conclusions Decision Making is everyone’s everyday job Intelligent Data: Agreed KPQs and KPIs Intelligent Communication: Narratives & Visuals Intelligent Strategy: Clear Objectives & Strategy Maps Intelligent Insights : Analytics and Experiments Intelligent Decision Making: Improvement Meetings Embrace a Culture of driving High Performance
Built on Delivering Great Value! • Established 2001 • Nearly 2,000 customers worldwide • HQ Canada. Offices in London, UK, Melbourne and Sydney, AU. • 100+ customers with more than 5,000 employees • 38 consecutive quarters of record growth • Cash flow positive, built vs bought market share • Recognised as a market leader (Gartner, Bersin, others…) Leaders Magic Quadrant 2009 | 2011
Who Buys Halogen? Nearly 2 million users in every industry.
The ROI of Talent Management • Companies with strong talent practices outperformed their peer group, earning 22% higher shareholder returns (McKinsey). • Good people practices can increase a company’s value by as much as 30% (Watson Wyatt). • Firms on the Fortune “100 Best Companies to Work for” list outperform the S&P 500 and the 3000 by as much as 10%.
Metrics for All Levels of ManagementLinking Activities to Strategy
Organisational Metrics Succession Planning • The Role of the Board • Assessing potential talent • Mitigating risk • Making CEO accountable for executing succession management • Planning the development of critical successors • The Role of the CEO • Critically assess talent-related business risks beyond hierarchical view of succession • Steward of talent for at least one, sometimes two layers below the sr. management team + other critical roles within • Hold senior leaders accountable for identifying company’s most critical and strategic talent areas
Organisational Metrics Succession Planning • Identification of talent (candidates) • Identification of talent (candidate) pools • Measurement of progress/ development • Stats on talent reviews • High risk positions
Talent Inventory 1 = high potential