Analyst Josh Bersin to Discuss How Development-Focused Performance Management Can Increase Revenue per Employee
HCI Webinar, sponsored by Cornerstone OnDemand, will share best practices and case studies for transitioning to a development-driven performance management process
Santa Monica, Calif. – September 8, 2010 – According to Bersin & Associates, 81 percent of senior executives believe employee performance management is critical to raising overall company performance.1 However, most of these same executives say their organizations fall short when it comes to helping employees identify and overcome performance gaps. A Human Capital Institute (HCI) Webinar, “Development-Driven Performance Management,” will share expert tips and case study examples for creating development-focused performance management processes that achieve maximum impact. The complimentary one-hour session, hosted by Josh Bersin, President and CEO of Bersin & Associates, and sponsored by Cornerstone OnDemand, is scheduled for Thursday, September 9 at 2 p.m. ET / 11 a.m. PT. To attend, visit http://www.hci.org/lib/development-driven-performance-management.
“The ultimate goals of any organization are to raise employee performance levels and yield better business results. However, these goals can’t be achieved without aligning employee performance with leadership’s expectations,” said Bersin. “The key is to evolve performance management from a stand-alone, annual event to an ongoing process, focused on performance improvement. Modern performance management must also be integrated with other talent management activities, particularly learning and development.”
Added Bersin, “Organizations that have adopted ongoing, integrated performance management processes with robust employee development planning see real business benefit. For instance, their revenue per employee is double that of organizations with poor development plans. Yet, our research shows that only 8 percent of organizations provide this level of support to employees."
In the Webinar, Bersin will discuss:
- The two prevailing philosophies of performance management – “competitive assessment” and “coaching and development” – and why organizations are trending toward the latter model.
- The five key steps organizations can take to transition to a development-driven performance management culture.
- Real-world case study examples of development-driven performance management in practice, including use cases from Cornerstone OnDemand clients such as Kelly Services, Flextronics and Travelex.
Webinar attendees also will receive a complimentary copy of the new Bersin & Associates report, “Development-Driven Performance Management: The Path from Once-a-Year Performance Management to Ongoing Employee Development,” following the session.
For more information about Cornerstone OnDemand, visit www.cornerstoneondemand.com. To read Cornerstone OnDemand’s talent management blog, visit http://www.cornerstoneondemand.com/blog. To follow Cornerstone OnDemand on Twitter, visit http://twitter.com/cornerstoneinc.
About Cornerstone OnDemand
Cornerstone OnDemand empowers people around the world with on-demand, integrated learning and talent management software and services for connecting, developing and performing in the workplace. Cornerstone’s Software-as-a-Service (SaaS)-based solutions span the workforce lifecycle, including onboarding, learning, social networking, compliance, performance, compensation and succession planning. The company also provides extended enterprise solutions to help companies better train and collaborate with customers, vendors and resellers. Available in 16 languages and supported by global, 24x7 customer care, Cornerstone is used by more than 4 million active subscribers in 141 countries. The company is headquartered in Santa Monica, California and has international offices in London, Paris, Munich and Tel Aviv.
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