SlideShare a Scribd company logo
Is Performance
Management Performing?
10 Focus Areas to Drive
Better Business Performance
2
94% of leaders surveyed believe that
performance management improves
business performance
Performance management
is important:
Copyright © 2016 Accenture All rights reserved.
3
Both work and the workforce are changing.
79% of organizations have made changes to their
performance management practices in the past five years.
But more needs to be done to effectively support the
workforce of the future.
89% of employees believe their performance would
significantly improve if performance management were
changed further.
Why change it?
Copyright © 2016 Accenture All rights reserved.
4
Focus Area #1
Ongoing Annual
Copyright © 2016 Accenture All rights reserved. 4
57% of respondents see annual performance reviews
as a waste of time, and want real-time coaching
and development.
Shift from annual feedback
to ongoing coaching and development
5
Focus Area #2
Motivating Discouraging
Copyright © 2016 Accenture All rights reserved. 5
46% of employees say feedback provided in a
discouraging way is one of their biggest sources
of discontent.
Help leaders have useful and
constructive conversations
6
Focus Area #3
Straightforward Complex
Copyright © 2016 Accenture All rights reserved. 6
Leaders spend 42% of their time on formal
documentation, and only 58% on employee
conversations and coaching.
Reduce “administrivia” to free up time
for real coaching and development
7
Focus Area #4
Future Past
Copyright © 2016 Accenture All rights reserved. 7
65% of respondents say their organization has not yet
moved from a focus on past assessment to future
development.
Move the focus from performance
review to performance development
8
Focus Area #5
Personalized Standardized
Copyright © 2016 Accenture All rights reserved. 8
77% of respondents say performance management
should be personalized to meet the needs of the
workforce of the future.
Move from “one-size-fits all”
to a personalized approach
9
Focus Area #6
Transparent Obscure
Copyright © 2016 Accenture All rights reserved. 9
74% of respondents say making performance
management transparent is required in an era
of open information sharing.
Embrace transparency and open
information sharing
10
Focus Area #7
People Driven Enterprise Driven
Copyright © 2016 Accenture All rights reserved. 10
48% of leaders say performance ratings
make it easy for supervisors to allocate
rewards without carefully evaluating
performance.
Move people decisions closer
to the people vs. relying solely on
enterprise-driven ratings and rankings
11
Focus Area #8
Collaborative Individual
Copyright © 2016 Accenture All rights reserved. 11
Just 38% of employees say their organization
includes an evaluation of collaborative or
team contribution as part of performance management.
Include collaborative performance as
part of performance assessment
12
Focus Area #9
Multiple Sources One Source
Copyright © 2016 Accenture All rights reserved. 12
63% of respondents say relying on one supervisor’s
employee evaluation is not an accurate way
to assess someone.
Involve peers and project leaders in
performance management
13
Focus Area #10
Whole Sum of Parts
Copyright © 2016 Accenture All rights reserved. 13
Clearly define what high performance means in the
context of the workforce of the future
Maintain a vision for performance
management that is in line with the
mission of the organization
14Copyright © 2016 Accenture All rights reserved.
For more information visit:
www.accenture.com/
IsPerformanceManagementPerforming
Methodology: In December 2015 and January 2016 the Accenture
Survey Research team interviewed 1,050 leaders and 1,050
employees from 12 industries, in 11 countries covering: Asia-Pacific,
Europe, Latin America, and North America. The aim was to
understand how performance management practices need to be
refined and updated to better support next-generation work practices,
as organizations transform into digital, collaborative, networked
businesses that need to attract and retain a new generation of
workers. For the purposes of this news release and survey, the term
leaders is defined as respondents in a variety of roles at all levels
with supervisory experience over teams and/or groups.
15
Join the conversation
@AccentureStrat
About Accenture
Accenture is a leading global professional
services company, providing a broad range of
services and solutions in strategy, consulting,
digital, technology and operations. Combining
unmatched experience and specialized skills
across more than 40 industries and all business
functions – underpinned by the world’s largest
delivery network – Accenture works at the
intersection of business and technology to help
clients improve their performance and create
sustainable value for their stakeholders. With
approximately 373,000 people serving clients
in more than 120 countries, Accenture drives
innovation to improve the way the world works
and lives. Visit us at www.accenture.com.
About Accenture Strategy
Accenture Strategy operates at the
intersection of business and technology.
We bring together our capabilities in
business, technology, operations and
function strategy to help our clients envision
and execute industry-specific strategies
that support enterprise-wide transformation.
Our focus on issues related to digital
disruption, competitiveness, global operating
models, talent and leadership helps drive
both efficiencies and growth. For more
information, follow @AccentureStrat or
visit www.accenture.com/strategy.
Copyright © 2016 Accenture All rights reserved.

More Related Content

What's hot

Being digital: Breaking through the digital ceiling
Being digital: Breaking through the digital ceilingBeing digital: Breaking through the digital ceiling
Being digital: Breaking through the digital ceiling
accenture
 
Thriving on Disruption: How Utilities Can Become Fearless in the Face of Deva...
Thriving on Disruption: How Utilities Can Become Fearless in the Face of Deva...Thriving on Disruption: How Utilities Can Become Fearless in the Face of Deva...
Thriving on Disruption: How Utilities Can Become Fearless in the Face of Deva...
accenture
 
From Regulatory-driven Risk Operating Models to Improved ECM and Client Cent...
From Regulatory-driven Risk  Operating Models to Improved ECM and Client Cent...From Regulatory-driven Risk  Operating Models to Improved ECM and Client Cent...
From Regulatory-driven Risk Operating Models to Improved ECM and Client Cent...
accenture
 
Investment Banks: Beware Bespoke
Investment Banks: Beware BespokeInvestment Banks: Beware Bespoke
Investment Banks: Beware Bespoke
accenture
 
Accenture Technology Vision for Oracle - 2016
Accenture Technology Vision for Oracle - 2016Accenture Technology Vision for Oracle - 2016
Accenture Technology Vision for Oracle - 2016
Accenture Technology
 
Digital Trust - Tech Vision 2016 Trend 5
Digital Trust - Tech Vision 2016 Trend 5Digital Trust - Tech Vision 2016 Trend 5
Digital Trust - Tech Vision 2016 Trend 5
Accenture Technology
 
Accenture Technology Vision 2016. Focus on Pega® Technology.
Accenture Technology Vision 2016. Focus on Pega® Technology.Accenture Technology Vision 2016. Focus on Pega® Technology.
Accenture Technology Vision 2016. Focus on Pega® Technology.
Accenture Technology
 
People & Technology: Vision for Life Sciences 2016
People & Technology: Vision for Life Sciences 2016People & Technology: Vision for Life Sciences 2016
People & Technology: Vision for Life Sciences 2016
accenture
 
Seeing Beyond the Loyalty Illusion in Australia: It’s Time you Invest More Wi...
Seeing Beyond the Loyalty Illusion in Australia: It’s Time you Invest More Wi...Seeing Beyond the Loyalty Illusion in Australia: It’s Time you Invest More Wi...
Seeing Beyond the Loyalty Illusion in Australia: It’s Time you Invest More Wi...
accenture
 
High Performance BPO Infographic
High Performance BPO InfographicHigh Performance BPO Infographic
High Performance BPO Infographic
accenture
 
The Promise of Artificial Intelligence: Redefining management in the workforc...
The Promise of Artificial Intelligence: Redefining management in the workforc...The Promise of Artificial Intelligence: Redefining management in the workforc...
The Promise of Artificial Intelligence: Redefining management in the workforc...
accenture
 
Seeing Beyond the Loyalty Illusion in the UK: It’s Time You Invest More Wisely
Seeing Beyond the Loyalty Illusion in the UK: It’s Time You Invest More WiselySeeing Beyond the Loyalty Illusion in the UK: It’s Time You Invest More Wisely
Seeing Beyond the Loyalty Illusion in the UK: It’s Time You Invest More Wisely
accenture
 
Seeing Beyond the Loyalty Illusion in Italy: It’s Time you Invest More Wisely
Seeing Beyond the Loyalty Illusion in Italy: It’s Time you Invest More Wisely Seeing Beyond the Loyalty Illusion in Italy: It’s Time you Invest More Wisely
Seeing Beyond the Loyalty Illusion in Italy: It’s Time you Invest More Wisely
accenture
 
Liquid Workforce - Tech Vision 2016 Trend 2
Liquid Workforce - Tech Vision 2016 Trend 2Liquid Workforce - Tech Vision 2016 Trend 2
Liquid Workforce - Tech Vision 2016 Trend 2
accenture
 
Why Software as a Service (SaaS) requires a new approach to Application Manag...
Why Software as a Service (SaaS) requires a new approach to Application Manag...Why Software as a Service (SaaS) requires a new approach to Application Manag...
Why Software as a Service (SaaS) requires a new approach to Application Manag...
Accenture Technology
 
Use Application Portfolio Optimization to accelerate IT value
Use Application Portfolio Optimization to accelerate IT valueUse Application Portfolio Optimization to accelerate IT value
Use Application Portfolio Optimization to accelerate IT value
accenture
 
Accenture Technology Vision for Banking
Accenture Technology Vision for BankingAccenture Technology Vision for Banking
Accenture Technology Vision for Banking
accenture
 
Increasing Agility to Fuel Growth in the Communications Industry
Increasing Agility to Fuel Growth in the Communications IndustryIncreasing Agility to Fuel Growth in the Communications Industry
Increasing Agility to Fuel Growth in the Communications Industry
accenture
 
The Digital Emperor Has No Clothes
The Digital Emperor Has No ClothesThe Digital Emperor Has No Clothes
The Digital Emperor Has No Clothes
accenture
 
People First: The Primacy of People in the Communications Industry
People First: The Primacy of People  in the Communications IndustryPeople First: The Primacy of People  in the Communications Industry
People First: The Primacy of People in the Communications Industry
accenture
 

What's hot (20)

Being digital: Breaking through the digital ceiling
Being digital: Breaking through the digital ceilingBeing digital: Breaking through the digital ceiling
Being digital: Breaking through the digital ceiling
 
Thriving on Disruption: How Utilities Can Become Fearless in the Face of Deva...
Thriving on Disruption: How Utilities Can Become Fearless in the Face of Deva...Thriving on Disruption: How Utilities Can Become Fearless in the Face of Deva...
Thriving on Disruption: How Utilities Can Become Fearless in the Face of Deva...
 
From Regulatory-driven Risk Operating Models to Improved ECM and Client Cent...
From Regulatory-driven Risk  Operating Models to Improved ECM and Client Cent...From Regulatory-driven Risk  Operating Models to Improved ECM and Client Cent...
From Regulatory-driven Risk Operating Models to Improved ECM and Client Cent...
 
Investment Banks: Beware Bespoke
Investment Banks: Beware BespokeInvestment Banks: Beware Bespoke
Investment Banks: Beware Bespoke
 
Accenture Technology Vision for Oracle - 2016
Accenture Technology Vision for Oracle - 2016Accenture Technology Vision for Oracle - 2016
Accenture Technology Vision for Oracle - 2016
 
Digital Trust - Tech Vision 2016 Trend 5
Digital Trust - Tech Vision 2016 Trend 5Digital Trust - Tech Vision 2016 Trend 5
Digital Trust - Tech Vision 2016 Trend 5
 
Accenture Technology Vision 2016. Focus on Pega® Technology.
Accenture Technology Vision 2016. Focus on Pega® Technology.Accenture Technology Vision 2016. Focus on Pega® Technology.
Accenture Technology Vision 2016. Focus on Pega® Technology.
 
People & Technology: Vision for Life Sciences 2016
People & Technology: Vision for Life Sciences 2016People & Technology: Vision for Life Sciences 2016
People & Technology: Vision for Life Sciences 2016
 
Seeing Beyond the Loyalty Illusion in Australia: It’s Time you Invest More Wi...
Seeing Beyond the Loyalty Illusion in Australia: It’s Time you Invest More Wi...Seeing Beyond the Loyalty Illusion in Australia: It’s Time you Invest More Wi...
Seeing Beyond the Loyalty Illusion in Australia: It’s Time you Invest More Wi...
 
High Performance BPO Infographic
High Performance BPO InfographicHigh Performance BPO Infographic
High Performance BPO Infographic
 
The Promise of Artificial Intelligence: Redefining management in the workforc...
The Promise of Artificial Intelligence: Redefining management in the workforc...The Promise of Artificial Intelligence: Redefining management in the workforc...
The Promise of Artificial Intelligence: Redefining management in the workforc...
 
Seeing Beyond the Loyalty Illusion in the UK: It’s Time You Invest More Wisely
Seeing Beyond the Loyalty Illusion in the UK: It’s Time You Invest More WiselySeeing Beyond the Loyalty Illusion in the UK: It’s Time You Invest More Wisely
Seeing Beyond the Loyalty Illusion in the UK: It’s Time You Invest More Wisely
 
Seeing Beyond the Loyalty Illusion in Italy: It’s Time you Invest More Wisely
Seeing Beyond the Loyalty Illusion in Italy: It’s Time you Invest More Wisely Seeing Beyond the Loyalty Illusion in Italy: It’s Time you Invest More Wisely
Seeing Beyond the Loyalty Illusion in Italy: It’s Time you Invest More Wisely
 
Liquid Workforce - Tech Vision 2016 Trend 2
Liquid Workforce - Tech Vision 2016 Trend 2Liquid Workforce - Tech Vision 2016 Trend 2
Liquid Workforce - Tech Vision 2016 Trend 2
 
Why Software as a Service (SaaS) requires a new approach to Application Manag...
Why Software as a Service (SaaS) requires a new approach to Application Manag...Why Software as a Service (SaaS) requires a new approach to Application Manag...
Why Software as a Service (SaaS) requires a new approach to Application Manag...
 
Use Application Portfolio Optimization to accelerate IT value
Use Application Portfolio Optimization to accelerate IT valueUse Application Portfolio Optimization to accelerate IT value
Use Application Portfolio Optimization to accelerate IT value
 
Accenture Technology Vision for Banking
Accenture Technology Vision for BankingAccenture Technology Vision for Banking
Accenture Technology Vision for Banking
 
Increasing Agility to Fuel Growth in the Communications Industry
Increasing Agility to Fuel Growth in the Communications IndustryIncreasing Agility to Fuel Growth in the Communications Industry
Increasing Agility to Fuel Growth in the Communications Industry
 
The Digital Emperor Has No Clothes
The Digital Emperor Has No ClothesThe Digital Emperor Has No Clothes
The Digital Emperor Has No Clothes
 
People First: The Primacy of People in the Communications Industry
People First: The Primacy of People  in the Communications IndustryPeople First: The Primacy of People  in the Communications Industry
People First: The Primacy of People in the Communications Industry
 

Similar to Is Performance Management Performing?

Memo to the c suite- you are not the main driver of change
Memo to the c suite- you are not the main driver of changeMemo to the c suite- you are not the main driver of change
Memo to the c suite- you are not the main driver of change
Fabio Mittelstaedt
 
Memo to the C-suite: You are not the main driver of change
Memo to the C-suite: You are not the main driver of changeMemo to the C-suite: You are not the main driver of change
Memo to the C-suite: You are not the main driver of change
accenture
 
Cloudway success factors capabilities
Cloudway  success factors  capabilitiesCloudway  success factors  capabilities
Cloudway success factors capabilities
Saumya S
 
Special Report: The Secret to Increasing Workforce Performance through Great ...
Special Report: The Secret to Increasing Workforce Performance through Great ...Special Report: The Secret to Increasing Workforce Performance through Great ...
Special Report: The Secret to Increasing Workforce Performance through Great ...
StaffCircle Ltd
 
Digital Disruption: Embracing the Future of Work
Digital Disruption: Embracing the Future of Work Digital Disruption: Embracing the Future of Work
Digital Disruption: Embracing the Future of Work
accenture
 
Intelligent Talent & HR Operations | SlideShare | Accenture
Intelligent Talent & HR Operations | SlideShare | AccentureIntelligent Talent & HR Operations | SlideShare | Accenture
Intelligent Talent & HR Operations | SlideShare | Accenture
Accenture Operations
 
Accenture brief overview
Accenture brief overviewAccenture brief overview
Accenture brief overview
Daniyal Ali
 
Increasing agility to fuel growth and competitiveness - Accenture
Increasing agility to fuel growth and competitiveness - AccentureIncreasing agility to fuel growth and competitiveness - Accenture
Increasing agility to fuel growth and competitiveness - Accenture
Accenture ASEAN
 
HR Must Deliver on TRANSFORMATION
HR Must Deliver on TRANSFORMATION HR Must Deliver on TRANSFORMATION
HR Must Deliver on TRANSFORMATION
Bhupesh Chaurasia
 
dr Agata Dulnik - Supporting leadership effectiveness during times of rapid o...
dr Agata Dulnik - Supporting leadership effectiveness during times of rapid o...dr Agata Dulnik - Supporting leadership effectiveness during times of rapid o...
dr Agata Dulnik - Supporting leadership effectiveness during times of rapid o...
Certes
 
2016 HR Trends
2016 HR Trends2016 HR Trends
2016 HR Trends
Suzann Boylan
 
2016 HR Trends
2016 HR Trends2016 HR Trends
2016 HR Trends
Suzann Boylan
 
2016 HR Trends
2016 HR Trends2016 HR Trends
2016 HR Trends
Suzann Boylan
 
Getting People to Talk : Creating a Culture of Continuous Performance Manage...
Getting People to Talk : Creating a Culture of  Continuous Performance Manage...Getting People to Talk : Creating a Culture of  Continuous Performance Manage...
Getting People to Talk : Creating a Culture of Continuous Performance Manage...
Bhupesh Chaurasia
 
Performance Management System
Performance Management SystemPerformance Management System
Performance Management SystemPeopleWorks IN
 
Benefits of Moving HR to the Cloud
Benefits of Moving HR to the CloudBenefits of Moving HR to the Cloud
Benefits of Moving HR to the Cloud
scoopnewsgroup
 
Success factors overview
Success factors overviewSuccess factors overview
Success factors overview
Samyuktha S
 
SuccessFactors Overview
SuccessFactors OverviewSuccessFactors Overview
SuccessFactors OverviewTony Santoro
 
SuccessFactors HCM Suite
SuccessFactors HCM SuiteSuccessFactors HCM Suite
SuccessFactors HCM Suite
ITChamps Software Pvt. Ltd
 

Similar to Is Performance Management Performing? (20)

Memo to the c suite- you are not the main driver of change
Memo to the c suite- you are not the main driver of changeMemo to the c suite- you are not the main driver of change
Memo to the c suite- you are not the main driver of change
 
Memo to the C-suite: You are not the main driver of change
Memo to the C-suite: You are not the main driver of changeMemo to the C-suite: You are not the main driver of change
Memo to the C-suite: You are not the main driver of change
 
Cloudway success factors capabilities
Cloudway  success factors  capabilitiesCloudway  success factors  capabilities
Cloudway success factors capabilities
 
Special Report: The Secret to Increasing Workforce Performance through Great ...
Special Report: The Secret to Increasing Workforce Performance through Great ...Special Report: The Secret to Increasing Workforce Performance through Great ...
Special Report: The Secret to Increasing Workforce Performance through Great ...
 
Digital Disruption: Embracing the Future of Work
Digital Disruption: Embracing the Future of Work Digital Disruption: Embracing the Future of Work
Digital Disruption: Embracing the Future of Work
 
Intelligent Talent & HR Operations | SlideShare | Accenture
Intelligent Talent & HR Operations | SlideShare | AccentureIntelligent Talent & HR Operations | SlideShare | Accenture
Intelligent Talent & HR Operations | SlideShare | Accenture
 
Accenture brief overview
Accenture brief overviewAccenture brief overview
Accenture brief overview
 
Increasing agility to fuel growth and competitiveness - Accenture
Increasing agility to fuel growth and competitiveness - AccentureIncreasing agility to fuel growth and competitiveness - Accenture
Increasing agility to fuel growth and competitiveness - Accenture
 
HR Must Deliver on TRANSFORMATION
HR Must Deliver on TRANSFORMATION HR Must Deliver on TRANSFORMATION
HR Must Deliver on TRANSFORMATION
 
dr Agata Dulnik - Supporting leadership effectiveness during times of rapid o...
dr Agata Dulnik - Supporting leadership effectiveness during times of rapid o...dr Agata Dulnik - Supporting leadership effectiveness during times of rapid o...
dr Agata Dulnik - Supporting leadership effectiveness during times of rapid o...
 
2016 HR Trends
2016 HR Trends2016 HR Trends
2016 HR Trends
 
2016 HR Trends
2016 HR Trends2016 HR Trends
2016 HR Trends
 
2016 HR Trends
2016 HR Trends2016 HR Trends
2016 HR Trends
 
Getting People to Talk : Creating a Culture of Continuous Performance Manage...
Getting People to Talk : Creating a Culture of  Continuous Performance Manage...Getting People to Talk : Creating a Culture of  Continuous Performance Manage...
Getting People to Talk : Creating a Culture of Continuous Performance Manage...
 
Performance Management System
Performance Management SystemPerformance Management System
Performance Management System
 
Benefits of Moving HR to the Cloud
Benefits of Moving HR to the CloudBenefits of Moving HR to the Cloud
Benefits of Moving HR to the Cloud
 
bizx-suite
bizx-suitebizx-suite
bizx-suite
 
Success factors overview
Success factors overviewSuccess factors overview
Success factors overview
 
SuccessFactors Overview
SuccessFactors OverviewSuccessFactors Overview
SuccessFactors Overview
 
SuccessFactors HCM Suite
SuccessFactors HCM SuiteSuccessFactors HCM Suite
SuccessFactors HCM Suite
 

More from accenture

The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024
accenture
 
The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023
accenture
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education
accenture
 
The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023
accenture
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education
accenture
 
Engineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibileEngineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibile
accenture
 
Digital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial SystemDigital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial System
accenture
 
More deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journeyMore deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journey
accenture
 
The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023
accenture
 
Reinventing Enterprise Operations
Reinventing Enterprise OperationsReinventing Enterprise Operations
Reinventing Enterprise Operations
accenture
 
Semiconductor Gender Parity Study
Semiconductor Gender Parity StudySemiconductor Gender Parity Study
Semiconductor Gender Parity Study
accenture
 
The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023
accenture
 
Nonprofit reinvention in a time of unprecedented change
 Nonprofit reinvention in a time of unprecedented change Nonprofit reinvention in a time of unprecedented change
Nonprofit reinvention in a time of unprecedented change
accenture
 
Free to be 100% me
Free to be 100% meFree to be 100% me
Free to be 100% me
accenture
 
The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023
accenture
 
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimentoMundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
accenture
 
Pathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications IndustryPathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications Industry
accenture
 
The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023
accenture
 
Reimagining the Agenda | Accenture
Reimagining the Agenda | AccentureReimagining the Agenda | Accenture
Reimagining the Agenda | Accenture
accenture
 
Climate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | AccentureClimate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | Accenture
accenture
 

More from accenture (20)

The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024The Industrialist: Trends & Innovations - January 2024
The Industrialist: Trends & Innovations - January 2024
 
The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023The Industrialist: Trends & Innovations - September 2023
The Industrialist: Trends & Innovations - September 2023
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education
 
The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023The Industrialist: Trends & Innovations - July 2023
The Industrialist: Trends & Innovations - July 2023
 
Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education Accenture Technology Vision - How the trends apply to higher education
Accenture Technology Vision - How the trends apply to higher education
 
Engineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibileEngineering Services: con gli ingegneri per creare valore sostenibile
Engineering Services: con gli ingegneri per creare valore sostenibile
 
Digital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial SystemDigital Euro: Implications for the Financial System
Digital Euro: Implications for the Financial System
 
More deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journeyMore deals, less money: the Black founder funding journey
More deals, less money: the Black founder funding journey
 
The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023The Industrialist: Trends & Innovations - June 2023
The Industrialist: Trends & Innovations - June 2023
 
Reinventing Enterprise Operations
Reinventing Enterprise OperationsReinventing Enterprise Operations
Reinventing Enterprise Operations
 
Semiconductor Gender Parity Study
Semiconductor Gender Parity StudySemiconductor Gender Parity Study
Semiconductor Gender Parity Study
 
The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023The Industrialist: Trends & Innovations - March 2023
The Industrialist: Trends & Innovations - March 2023
 
Nonprofit reinvention in a time of unprecedented change
 Nonprofit reinvention in a time of unprecedented change Nonprofit reinvention in a time of unprecedented change
Nonprofit reinvention in a time of unprecedented change
 
Free to be 100% me
Free to be 100% meFree to be 100% me
Free to be 100% me
 
The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023The Industrialist: Trends & Innovations - February 2023
The Industrialist: Trends & Innovations - February 2023
 
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimentoMundo gamer e a oportunidade de entrada pela abordagem do movimento
Mundo gamer e a oportunidade de entrada pela abordagem do movimento
 
Pathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications IndustryPathways to Profitability for the Communications Industry
Pathways to Profitability for the Communications Industry
 
The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023The Industrialist: Trends & Innovations - January 2023
The Industrialist: Trends & Innovations - January 2023
 
Reimagining the Agenda | Accenture
Reimagining the Agenda | AccentureReimagining the Agenda | Accenture
Reimagining the Agenda | Accenture
 
Climate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | AccentureClimate Leadership Eleventh Hour | Accenture
Climate Leadership Eleventh Hour | Accenture
 

Recently uploaded

Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdfSearch Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Arihant Webtech Pvt. Ltd
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
Brand Analysis for an artist named Struan
Brand Analysis for an artist named StruanBrand Analysis for an artist named Struan
Brand Analysis for an artist named Struan
sarahvanessa51503
 
BeMetals Presentation_May_22_2024 .pdf
BeMetals Presentation_May_22_2024   .pdfBeMetals Presentation_May_22_2024   .pdf
BeMetals Presentation_May_22_2024 .pdf
DerekIwanaka1
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
Erika906060
 
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).pptENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
zechu97
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
BBPMedia1
 
Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111
zoyaansari11365
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
usawebmarket
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
tanyjahb
 
What are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdfWhat are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdf
HumanResourceDimensi1
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
BBPMedia1
 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
Ben Wann
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
Cynthia Clay
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
Aurelien Domont, MBA
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
anasabutalha2013
 
LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024
Lital Barkan
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
awaisafdar
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
RajPriye
 
VAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and RequirementsVAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and Requirements
uae taxgpt
 

Recently uploaded (20)

Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdfSearch Disrupted Google’s Leaked Documents Rock the SEO World.pdf
Search Disrupted Google’s Leaked Documents Rock the SEO World.pdf
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
Brand Analysis for an artist named Struan
Brand Analysis for an artist named StruanBrand Analysis for an artist named Struan
Brand Analysis for an artist named Struan
 
BeMetals Presentation_May_22_2024 .pdf
BeMetals Presentation_May_22_2024   .pdfBeMetals Presentation_May_22_2024   .pdf
BeMetals Presentation_May_22_2024 .pdf
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
 
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).pptENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
ENTREPRENEURSHIP TRAINING.ppt for graduating class (1).ppt
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
 
Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111Introduction to Amazon company 111111111111
Introduction to Amazon company 111111111111
 
Buy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star ReviewsBuy Verified PayPal Account | Buy Google 5 Star Reviews
Buy Verified PayPal Account | Buy Google 5 Star Reviews
 
3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx3.0 Project 2_ Developing My Brand Identity Kit.pptx
3.0 Project 2_ Developing My Brand Identity Kit.pptx
 
What are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdfWhat are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdf
 
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...
 
Improving profitability for small business
Improving profitability for small businessImproving profitability for small business
Improving profitability for small business
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
Digital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and TemplatesDigital Transformation and IT Strategy Toolkit and Templates
Digital Transformation and IT Strategy Toolkit and Templates
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
 
LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
 
Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
 
VAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and RequirementsVAT Registration Outlined In UAE: Benefits and Requirements
VAT Registration Outlined In UAE: Benefits and Requirements
 

Is Performance Management Performing?

  • 1. Is Performance Management Performing? 10 Focus Areas to Drive Better Business Performance
  • 2. 2 94% of leaders surveyed believe that performance management improves business performance Performance management is important: Copyright © 2016 Accenture All rights reserved.
  • 3. 3 Both work and the workforce are changing. 79% of organizations have made changes to their performance management practices in the past five years. But more needs to be done to effectively support the workforce of the future. 89% of employees believe their performance would significantly improve if performance management were changed further. Why change it? Copyright © 2016 Accenture All rights reserved.
  • 4. 4 Focus Area #1 Ongoing Annual Copyright © 2016 Accenture All rights reserved. 4 57% of respondents see annual performance reviews as a waste of time, and want real-time coaching and development. Shift from annual feedback to ongoing coaching and development
  • 5. 5 Focus Area #2 Motivating Discouraging Copyright © 2016 Accenture All rights reserved. 5 46% of employees say feedback provided in a discouraging way is one of their biggest sources of discontent. Help leaders have useful and constructive conversations
  • 6. 6 Focus Area #3 Straightforward Complex Copyright © 2016 Accenture All rights reserved. 6 Leaders spend 42% of their time on formal documentation, and only 58% on employee conversations and coaching. Reduce “administrivia” to free up time for real coaching and development
  • 7. 7 Focus Area #4 Future Past Copyright © 2016 Accenture All rights reserved. 7 65% of respondents say their organization has not yet moved from a focus on past assessment to future development. Move the focus from performance review to performance development
  • 8. 8 Focus Area #5 Personalized Standardized Copyright © 2016 Accenture All rights reserved. 8 77% of respondents say performance management should be personalized to meet the needs of the workforce of the future. Move from “one-size-fits all” to a personalized approach
  • 9. 9 Focus Area #6 Transparent Obscure Copyright © 2016 Accenture All rights reserved. 9 74% of respondents say making performance management transparent is required in an era of open information sharing. Embrace transparency and open information sharing
  • 10. 10 Focus Area #7 People Driven Enterprise Driven Copyright © 2016 Accenture All rights reserved. 10 48% of leaders say performance ratings make it easy for supervisors to allocate rewards without carefully evaluating performance. Move people decisions closer to the people vs. relying solely on enterprise-driven ratings and rankings
  • 11. 11 Focus Area #8 Collaborative Individual Copyright © 2016 Accenture All rights reserved. 11 Just 38% of employees say their organization includes an evaluation of collaborative or team contribution as part of performance management. Include collaborative performance as part of performance assessment
  • 12. 12 Focus Area #9 Multiple Sources One Source Copyright © 2016 Accenture All rights reserved. 12 63% of respondents say relying on one supervisor’s employee evaluation is not an accurate way to assess someone. Involve peers and project leaders in performance management
  • 13. 13 Focus Area #10 Whole Sum of Parts Copyright © 2016 Accenture All rights reserved. 13 Clearly define what high performance means in the context of the workforce of the future Maintain a vision for performance management that is in line with the mission of the organization
  • 14. 14Copyright © 2016 Accenture All rights reserved. For more information visit: www.accenture.com/ IsPerformanceManagementPerforming Methodology: In December 2015 and January 2016 the Accenture Survey Research team interviewed 1,050 leaders and 1,050 employees from 12 industries, in 11 countries covering: Asia-Pacific, Europe, Latin America, and North America. The aim was to understand how performance management practices need to be refined and updated to better support next-generation work practices, as organizations transform into digital, collaborative, networked businesses that need to attract and retain a new generation of workers. For the purposes of this news release and survey, the term leaders is defined as respondents in a variety of roles at all levels with supervisory experience over teams and/or groups.
  • 15. 15 Join the conversation @AccentureStrat About Accenture Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With approximately 373,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com. About Accenture Strategy Accenture Strategy operates at the intersection of business and technology. We bring together our capabilities in business, technology, operations and function strategy to help our clients envision and execute industry-specific strategies that support enterprise-wide transformation. Our focus on issues related to digital disruption, competitiveness, global operating models, talent and leadership helps drive both efficiencies and growth. For more information, follow @AccentureStrat or visit www.accenture.com/strategy. Copyright © 2016 Accenture All rights reserved.