ImpACT is our new approach to performance management at Nets. Moving away from the traditional approach to performance management by more focus on performance, development and engagement

1. ImpACT: What?
ImpACT replaces our current yearly performance management cycle based on fixed touchpoints and
objectives with a more dynamic, transparent and forward-focused approach. The core purpose of
ImpACT is to strengthen motivation and drive performance by ensuring that all employees always know
what it takes to be successful, helping them get there and acknowledge when they do. The key enabler is
ongoing and forward-looking check-in dialogues between the employee and leader.
ImpACT includes how we:
• Set dynamic priorities and align on them
• Conduct ongoing performance, development and motivation dialogues, ”check-ins”
• Give coaching to drive personal development and performance
• Give honest structured feedback
• Calibrate on performance and ACT behavior
• Recognize & reward for performance and ACT behavior
In short The Nets way to drive performance, personal development, motivation and engagement
ImpACT: Why?
ImpACT is designed at Nets for Nets - it is developed with the purpose of supporting our business, the
objective of embedding our core values into our daily work, and driving strong performance to enable
effective strategy execution. ImpACT is about doing things smart, thus acknowledging and formalizing
what some already do and make the best practices a norm.
Through ImpACT we:
• Align and drive business priorities and performance
• Ensure speed to adapt to changes
• Live our values and our leadership model
• Put the employees in the driving seat
• Focus on development
In short It makes us smarter, faster and more focused
ImpACT: Core design principles
• Values-based – integrating our ACT-values and leadership model into our daily work
• Simple – “stripping off” everything unnecessary and keeping only what creates impact
• Flexible – Leaving room for local implementation
• Transparent – Providing a more clear link between performance, behavior, recognition and pay
ImpACT: Your beacon as an employee
ImpACT is designed to:
• Build trust between you and your leader
• Make it clear what is expected of you
• Make it clear what you do good and where you can improve
• Focus on your personal development
• Ensure you are better equipped and increase your market value
• Recognize your efforts when you perform successfully and role model our core values

2. ImpACT: Your beacon as a leader
ImpACT is designed to support you to:
• Build trust between you and your employees
• Stay aware of what is really going on and where your support is needed
• Develop your team
• Ensure focus on what really makes a difference
• Drive results through your team and individual employees
• Role model and embrace the values and build a winning culture