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Imagine RealTime People Data
- 1. OHOS IS BRINGING PERFORMANCE MANAGEMENT TO THE 21ST CENTURY Dave Needham CEO & Founder, Ohos
- 2. WE’RE NOW LIVING IN AN ERA OF INCLUSION & REAL-TIME PEOPLE DATA
- 3. EVERY INDUSTRY IS SHIFTING LEADERS ARE CREATING NEW EMPLOYEE EXPERIENCES WITH A NEW CULTURAL IMPERATIVE Tech Education Manufacturing Finance RetailMediaHeathcareEnergy
- 4. IN THE LAST 15 YEARS, 55% OF FORTUNE 500 COMPANIES HAVE DISAPPEARED 1985 Company life expectancy 65+ years 2018 Company life expectancy <20 years vs.
- 5. THE BEST COMPANIES HAVE REINVENTED THEMSELVES - AWAY FROM CLOSED PROCESSES #ItsAllAboutInclusion
- 6. WHO ARE EMERGING AS NEW LEADERS?
- 7. ADOBE DIGITAL SOFTWARE LEADER Since 2014 • 180% growth in Revenue • 203% growth in Net Income • 440% increase in share price
- 8. PATAGONIA LEADING OUTDOOR RETAILER In past 5 years: • 400+% Revenue & Profit growth • Employee Retention is 2.5X industry average (75% v 35%)
- 9. BRIDGEWATER ASSOCIATES WORLD’S LARGEST HEDGE FUND FIRM Since 1985 • 25% YOY Growth • Total assets managed - $124B
- 10. THE COMMON THREAD? Feedback from All Data-Driven Decisions Real-time Visibility No cherry picking who gets to give feedback Avoid bias with multiple perspectives Faster improvement and no black box Inclusive Process All feedback matters and everyone has a voice
- 11. SUCCESSFUL COMPANIES EMBRACE FEEDBACK CULTURES THAT ARE REAL TIME DATA DRIVEN SAFE ACCOUNTABLE TRANSPARENT INCLUSIVE
- 12. OHOS IS REAL-TIME Younger Generations Business Pace Effective Psychology Expect Immediate Feedback Change fast or get passed Faster feedback = faster and more significant improvement
- 13. OHOS IS DATA DRIVEN • Improves performance accuracy • Naturally controls outlier data • Impossible to ignore • Better decisions • Reduces bias
- 14. OHOS IS SAFE • Radical Candor™ doesn’t work in large groups • Allows full honesty without fear of reprisal • Focuses on the feedback, not the source • Promotes teamwork (people avoid negative feedback providers)
- 15. OHOS IS ACCOUNTABLE • Uses advanced rater analytics (unique) • Promotes a feedback culture • Interpersonal accountability • Improves feedback • Identifies better leaders • Detects and prevents bias
- 16. OHOS IS TRANSPARENT • To improve it, you need to see it • Mobile device ready • Real time decision making with real- time data for support • No hidden expectations • No HR “black box” • Promotes trust
- 17. OHOS IS INCLUSIVE • More providers = more perspectives • Feedback in 4 dimensions (Up, Down, Sideways & Outside clients) • Full inclusivity • Everyone gets a voice • All data matters
- 18. ROI OF INCLUSIVE PERFORMANCE MANAGEMENT Save time • no annual reviews to complete • automate mentor and development plans • give feedback in under a minute Increase Profit • leaders who receive feedback are 6% more profitable Save money • avoid paying to fix a bad promotion decision • single platform for engagement, performance, succession, and client feedback Save employees • promote the right leaders • see engagement trends in real- time
- 19. –President, NewWorldMedia “I’ve never had this much data about how my people show up every day”
- 20. –Director of People, BWBacon “Since implementing Ohos, we are taking more openly about feedback and holding each other accountable to our values more than ever before”
- 21. –President, InterwestDC “Ohos makes difficult conversations easier than ever”
- 22. THE END #StartYourShift #RealData #RealTime #RealResults www.myohos.com