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Coaching Employees for High Performance (Webinar by Fuel50 & Quantum Workplace)

  1. Coaching Employees for High Performance HR’S #1 TOOL FOR EMPLOYEE TRAINING, DEVELOPMENT, AND PERFORMANCE MANAGEMENT Presented by quantumworkplace.comfuel50.com
  2. 2 quantumworkplace.comfuel50.com Fuel50 is award-winning, career pathing software that offers a powerful toolkit for employee coaching while enabling employees to own and grow their careers. Fuel50 is the fastest way to drive engagement and improve leader conversations. Quantum Workplace is an employee feedback software company that helps organizations retain top talent, motivate performance, understand turnover, and build magnetic workplace cultures. About the sponsors
  3. 3 Dan Harris Workplace Insights Analyst Quantum Workplace Anne Fulton CEO & Co-Founder Fuel50 Introducing the speakers
  4. 4 What we’ll cover • Research background • What we learned about learning and development opportunities • What this means for your business • How-to: Create a transformational culture of growth and coaching in your organization
  5. 5 Overview and methodology COACHING EMPLOYEES for HIGH PERFORMANCE
  6. 6 Learning and development is important to employees 2012 2013 2014 2015 2016 2017 7 6 5 5 5 ? Stay tuned for Quantum Workplace’s 2017Employee Engagement TrendsReport tosee how thedriverranks thisyear. DRIVER RANK BY YEAR “Isee professional growth andcareer development opportunitiesfor myself inthisorganization.”
  7. 7 Learning and development is important to HR OnequarterofHRrepresentatives saidimproving their development andtraining opportunitieswouldbetheirtop peoplepriorityover thenext 12months.¼ #2 Highlyengaged organizationssaidimproving development and training opportunities wastheirsecond highestpriority behindattractingtoptalent.
  8. 8 About the study • Study conducted by Fuel50 and Quantum Workplace • 976 employees from across the US participated • Uncovered crucial information about learning and development opportunities and how they can impact engagement
  9. 9 What we learned about L&D opportunities COACHING EMPLOYEES for HIGH PERFORMANCE
  10. 10 1/4 of employees don’t know whether they have a formal program Non-response QUESTION “Isthereaformalemployee development program atyour currentorganization?” “Idon’tknow”“No”“Yes” 47.1% 26% 26.7% 0.2%
  11. Most common Types of L&D opportunities Most utilized Most preferred Online training sessions / webinars Coaching from a supervisor / manager Classroom-style learning Coaching from an immediate co-worker Certification, accreditation, or credential reimbursement e.g. lectures, workshops etc. Online training sessions / webinars Coaching from a supervisor / manager Classroom-style learning Coaching from an immediate co-worker Cross-training Certification, accreditation, or credential reimbursement Off-site conferences Tuition reimbursement for college credit Classroom-style learning Coaching from a supervisor / manager 11
  12. 1/5 of employees don’t have career conversations QUESTION “Howoften doyou and your supervisor/manager havecareer conversations? Once every 6 months Once every 3 months Once a monthMore than once a month 10.8% 12.6% 13.4% 10.6% Non-responseNeverLess than once a year Once a year 19.4% 6.9% 5.6% 20.6% 12
  13. 13 What this means for your business COACHING EMPLOYEES for HIGH PERFORMANCE
  14. 14 Feelings after participating in L&D opportunities Feel motivated 71% Feel more equipped to do their job 64% Feel empowered 55% Feel ready to take on more responsibility 48% which also means Do not feel motivated 29% Do not feel more equipped to do their job 36% Do not feel empowered 45% Do not feel ready to take on more responsibility 52%
  15. 15 How a formal program impacts employee engagement QUESTION “Isthereaformalemployee development program atyour currentorganization?” “No”“Idon’tknow”“Yes” 79.5% 57.8% 69.0%
  16. 16 Types of L&D opportunities and employee engagement 1 Online training sessions / webinars 2 Coaching from manager 3 Classroom-style learning 4 Coaching from peer 5 Cross-training Difference in engagement level for those who said they prefer a specific form of development versus those who don’t +2.9% +5.6% -2.8% +8.0% -6.0%
  17. Career conversations and engagement STATS Engagement by managercoaching frequency BiannuallyQuarterlyMonthly> Monthly Never< AnnuallyAnnually 82.2% 82.6% 75.0% 76.8% 73.4% 57.2% 53.8% 17
  18. 18 How to: Create a transformational culture of growth and coaching in your organization COACHING EMPLOYEES for HIGH PERFORMANCE
  19. The 2020 coaching culture challenge. 19
  20. n=8,500 Source:CEB2015CareersEmployeeSurvey The 2020 coaching challenge: A changed career landscape Positionseniority Tenure 20
  21. 2010 practices PERFORMANCE PRACTICES vs 2020 practices COACHING PRACTICES • Top-down process automation • Focus backwards • Promotes vertical growth thinking • Annual or quarterly at best • Self-directed growth and development • Focus forward – future growth • Strengths-based • Continuous career- growth thinking • Peer + Manager 21
  22. 22 Peer coaching is a rising trend and it’s here to stay Slightly more than one half of organizations have 360 feedback program that allows peers to give one another feedback. Furthermore, one fifth of those organization said peer feedback has become even more important to their talent strategy in the last six months. ½ And managers believe it’s important too! 73.4% of managers said peer feedback is valuable.73.4%
  23. Coaching enablement Focus on the whole business Everyone can become a stretch coach and a stretch learner Want more work responsibilities and believe they can contribute more *35% Would use their own personal time for learning and development *75% * W O R K F O R C E C A R E E R AG I L I T Y & E N G AG E M E N T R E S E A R C H , F U E L 5 0 ( 2 0 1 5 ) 23
  24. Coaching as Job Sculpting — micro changes for macro impact on engagement. 24
  25. Crafting individualized career propositions Values Passions Talents 25
  26. 26 The traditional 9-box is not delivering agility Talent risk Low performer Low potential Solid professional Moderate performer Low potential High professional High performer Low potential Inconsistent player Low performer Moderate potential Key player Moderate performer Moderate potential Current star High performer Moderate potential Rough-diamond Low performer High potential Future star Moderate performer High potential Consistent star High performer High potential Potential Performance 26
  27. 27 Strengths-based coaching Fuel50 Performance vs passion talent matrix Talents to avoid using Potential talent Investment talent Grow this Marketable talent Emerging talent Motivated talent Marketable talent Talent to leverage Talent sweet spot Performance“Iamgoodatthis” Passion “I love to do this”
  28. Manager as coach vs Peer as coach • Growth focus • Insight-led coaching • Tactical and strategic coaching • Track and measure growth • Micro-learning • Skill and task focussed • Continuous career- growth thinking • Track and measure growth 28
  29. Our top four best-in-class coaching enablement practices 1. Educate: Build a career growth mindset for the entire business 2. Enable self-directed growth 3. Empower managers to become strategic and tactical coaches 4. Build peer coaching marketplace – everyone is a coach and everyone is a learner 29
  30. 30 A coaching culture is about profitable growth, both for the business and for the individual. Manager tactical coaching Peer-to-peer coaching Manager strategic coaching
  31. 31 4 keys to creating a culture of coaching 1 2 3 4 Provide training to coaches and coachees Set the tone from the top Communicate expectations around coaching Leverage tools to streamline coaching in your organization
  32. WHAT THEY DID Outcomes AVG. YEAR -ON-YEAR IMPROVEMENTS • Leader coaching program (micro- learning program) • Insight-led coaching • Employee-driver career growth Employee engagement Engineering Fuel50 user5% 2% I receive coaching from my manager to help me develop Engineering Fuel50 user10% 2% My immediate manager has made a personal investment in my growth and development Engineering Fuel50 user11% 3% 32
  33. The 2020 coaching culture 1 Focus on the whole organization Growth + Coaching + Employee enablement 2 Enable + educate 3 Employee ownership Self-driven learning agile organization 4 Enable insight driven coaching conversations that unlock potential 5 Transform the culture Change the conversation, challenge the status quo, and create a movement Workforce agility will deliver competitive business advantage 35
  34. Individualized propositions for the purpose of business velocity. Marianne Jackson, CHRO of eBay 36
  35. The Career Engagement Game (2015) Visit www.fuel50.com/book As employees begin to own their careers and leaders coach for growth, results in increased commitment, discretionary effort, and that contagious sense of passion that inspires customers and key stakeholders alike. 38
  36. Coaching Employees for High Performance HR’S #1 TOOL FOR EMPLOYEE TRAINING, DEVELOPMENT, AND PERFORMANCE MANAGEMENT Created by quantumworkplace.comfuel50.com Get your copy f50.li/qntm
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