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5 Strategies For Developing Highly Successful Employees

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5 Strategies For Developing Highly Successful Employees

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What causes employees to be successful? These webinar slides share 5 strategies you can use on a daily basis to make your employees more successful. Moving away from the yearly performance review to daily coaching and mentoring can be challenging. BambooHR and Cornerstone OnDemand executives share how this will help productivity increase and how to create a leadership succession plan.

What causes employees to be successful? These webinar slides share 5 strategies you can use on a daily basis to make your employees more successful. Moving away from the yearly performance review to daily coaching and mentoring can be challenging. BambooHR and Cornerstone OnDemand executives share how this will help productivity increase and how to create a leadership succession plan.

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5 Strategies For Developing Highly Successful Employees

  1. 1. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com
  2. 2. 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
  3. 3. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Communication brings employee success
  4. 4. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com How can we make sure performance reviews are motivational and worthwhile?
  5. 5. 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reviews of the past • Tracking progress and completion were a nightmare • Information was unreliable and quickly outdated • Only looked at individuals • Only provided feedback from direct supervisor/manager • Difficult to analyze and report • Couldn’t access data quickly
  6. 6. 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.
  7. 7. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Improve the performance review process
  8. 8. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Performance happens daily, reviews should too! Reviews should be: • Conversational • Purposeful
  9. 9. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com What managers can do
  10. 10. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com What employees can do
  11. 11. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com What organizations can do
  12. 12. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Mentoring 56 percent of new hires want a mentor or buddy.
  13. 13. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Mentoring increases productivity and retention 95 percent of mentoring participants say the experience motivates them to do their very best.
  14. 14. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Mentoring needs a welcoming environment
  15. 15. 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
  16. 16. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Coaching day to day
  17. 17. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Coaching: What to do • Recognize achievements frequently • Commit to development • Be likeable
  18. 18. 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
  19. 19. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Coaching Results
  20. 20. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Creating a feedback culture
  21. 21. 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.
  22. 22. 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.
  23. 23. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Plan for succession
  24. 24. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com What should you consider when building your process?
  25. 25. 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
  26. 26. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Common Succession Planning Mistakes and Pitfalls
  27. 27. 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.
  28. 28. 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!
  29. 29. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Questions? BambooHR Receive a free job posting on our ATS and full HRIS for one week. We will contact everyone within the next few days to set this up. Purchase Cornerstone Growth Edition before December 31, 2014 and receive up to $1,000 discount with the mention of this webinar. Cornerstone OnDemand

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