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.

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com

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

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Communication brings
employee success

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
How can we make sure
performance reviews are
motivational and worthwhile?

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• Information was unreliable and quickly outdated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

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.

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Improve the performance
review process

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Performance happens
daily, reviews should too!
Reviews should be:
• Conversational
• Purposeful

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
What managers can do

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
What employees can do

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
What organizations can do

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Mentoring
56 percent of new hires want a mentor or buddy.

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.

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Mentoring needs a
welcoming environment

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

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Coaching day to day

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Coaching: What to do
• Recognize achievements frequently
• Commit to development
• Be likeable

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

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Coaching Results

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Creating a
feedback culture

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.

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.

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Plan for succession

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
What should you consider when
building your process?

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

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Common Succession
Planning Mistakes
and Pitfalls

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.

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!

5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Questions?
BambooHR
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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.
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5 Strategies For Developing Highly Successful Employees

1. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com

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. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Communication brings employee success

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 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. 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. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Improve the performance review process

8. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Performance happens daily, reviews should too! Reviews should be: • Conversational • Purposeful

9. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com What managers can do

10. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com What employees can do

11. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com What organizations can do

12. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Mentoring 56 percent of new hires want a mentor or buddy.

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. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Mentoring needs a welcoming environment

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. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Coaching day to day

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. 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. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Coaching Results

20. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Creating a feedback culture

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. 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. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Plan for succession

24. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com What should you consider when building your process?

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. 5 Strategies for Developing Highly Successful Employees bamboohr.com cornerstoneondemand.com Common Succession Planning Mistakes and Pitfalls

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. 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. 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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