(512) 943-6800
Why are you conducting performance reviews the same way you did five years ago? To help improve employee performance? To increase productivity? To reward top performers? To check a box? You’re not alone. A recent survey showed that over 90% companies are still doing traditional performance reviews. So if everyone’s still doing it that way…
Our guest author, Kyle Lagunas, HR Analyst at SoftwareAdvice.com, reports on important trends, best practices, and technology in human resources and talent management. Companies need to change the way they are sourcing leadership talent. Rather than look outward when a leader is needed, they should instead continuously look inward to identify candidates with leadership…
Succession Planning: Step-By-Step Evaluation Worksheet Have you ever wished there was a worksheet to help you determine how strong your succession planning strategy is? The Succession Planning Readiness Tool is a step-by-step worksheet that lets you assess where you are today and where you need to improve upon your succession strategy. Use this tool to…
Top 4 Succession Planning Mistakes We hear this a lot, “Our succession planning process rewards the ‘popular’ over the ‘competent.’ We are losing our best people because nobody at the top knows who they are.” A succession planning strategy shouldn’t be put in place the moment you lose one of your top executives or when high potential employees are threatening to leave.…
How To Do Succession Planning The Right Way Talent Management Magazine recently wrote an article, “How to Do CEO Succession Planning Right,” in which the sudden departure of Best Buy’s CEO was discussed and that it was going to take six to nine months for the company to find a replacement. The reality is, Best Buy shouldn’t need this…
Tomorrow is the day kids dream of. Ice cream, lemonade, BBQ, and the one night they get to stay up late so they can watch the sun set and eagerly await the show the sky will provide the moment it gets completely dark. The 4th of July conjures up many memories for adults and kids alike. It’s a…
A study last year by the Corporate Executive Board indicated that “25 percent of employer-identified, high-potential employees plan to leave their current companies within the year, as compared to only 10 percent in 2006.” The study also found that 40% of the internal job moves for high potentials ended in failure. In a recent post,…
Life is about building bridges, not walls. This applies to the workplace, too. If performance management is the ongoing process of creating a work environment that enables people to perform to the best of their abilities, then collaborative performance management is working together to achieve and realize a shared goal or goals. How do you…
Talent management has broadly existed in various forms for many years, with organizations using such processes as succession planning and competency frameworks to identify and develop their high potential employees. The term itself was coined in the late 1990s, gaining particular momentum as firms tuned into the fact that having a consistent and focused approach…
