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IMPACT
Our new approach to performance management in Nets
October 2017
HR Development
The starting point for changing our Performance Management methodology
Our current “traditional”, process focused and stable Performance
Management approach is perceived to add little value
We want to be able to reprioritize fast and create alignment throughout
the organisation
We want leaders and employee to engage in focused forward looking
dialogues that drive performance, strengthen development and drive
engagement
At the same time as:
The Financial Industry is in transition
The speed of change in the market is constantly increasing
Our revitalised Values and Leadership Model are to be put into practice
The demand for change …
Starting point for the new methodology
No negotiables
Dynamic and future focused
Employee in the driving seat
Embracing our values ACT
Flexibility - fit to local needs
Simplicity
Transparency
What would create value for us?
Clear priorities that support the
strategy execution
High quality ongoing dialogues
Sparring & feedback
Holistic performance
Co-creation used to find a new way
A co-creative sprint week sets the
framework for our all company
future model…
It is time to make the change
happen together…
The pilot tests
a new setup…
1
2
3
MARCH
2017
AUGUST
2017
MARCH
2018
Transformation to…
2-3 REVIEW
DISCUSSIONS
RATINGS
FIXED
YEARLY
PLANNING
CALIBRATIONS
FORWARD FOCUSED
ONGOING CHECK-IN
DIALOGUES
DYNAMIC
PRIORITIES
FROM:
Managing Performance
TO:
Drive Performance, Growth, Engagement
Q1 Q2 Q3 Q4
Agree and adjust key priorities
Ongoing check-in dialogues
What will ImpACT look like …
Peer feedback tool to boost development
Bottom-up calibration on performance
To be launched
March 2018
To be launched
August 2018
To be launched
December 2018

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Transforming nets performance management linkedin

  • 1. IMPACT Our new approach to performance management in Nets October 2017 HR Development
  • 2. The starting point for changing our Performance Management methodology Our current “traditional”, process focused and stable Performance Management approach is perceived to add little value We want to be able to reprioritize fast and create alignment throughout the organisation We want leaders and employee to engage in focused forward looking dialogues that drive performance, strengthen development and drive engagement At the same time as: The Financial Industry is in transition The speed of change in the market is constantly increasing Our revitalised Values and Leadership Model are to be put into practice The demand for change …
  • 3. Starting point for the new methodology No negotiables Dynamic and future focused Employee in the driving seat Embracing our values ACT Flexibility - fit to local needs Simplicity Transparency What would create value for us? Clear priorities that support the strategy execution High quality ongoing dialogues Sparring & feedback Holistic performance
  • 4. Co-creation used to find a new way A co-creative sprint week sets the framework for our all company future model… It is time to make the change happen together… The pilot tests a new setup… 1 2 3 MARCH 2017 AUGUST 2017 MARCH 2018
  • 5. Transformation to… 2-3 REVIEW DISCUSSIONS RATINGS FIXED YEARLY PLANNING CALIBRATIONS FORWARD FOCUSED ONGOING CHECK-IN DIALOGUES DYNAMIC PRIORITIES FROM: Managing Performance TO: Drive Performance, Growth, Engagement
  • 6. Q1 Q2 Q3 Q4 Agree and adjust key priorities Ongoing check-in dialogues What will ImpACT look like … Peer feedback tool to boost development Bottom-up calibration on performance To be launched March 2018 To be launched August 2018 To be launched December 2018