People Performance / Talent Management
SuccessFactors
Helps your company get the most out of its significant investment in people by allowing you to take a holistic approach to optimizing workforce performance. Our on-demand performance management solutions let you more easily address three of today’s most critical business initiatives:
- Bridging Strategy & Execution;
- Enabling True Pay-for-Performance;
- Performing Advanced Talent Development and Planning.
1) Goal Management
Achieve new levels of success by aligning the efforts of your entire workforce.
You have a vision of success for your company. To reach it, you depend on the efforts of each and every one of your employees. Your biggest challenge becomes getting everyone in your company to understand where you’re headed, and how they can help get you there. And what if you suddenly need to change course? How do you get the rest of your organization to shift direction and follow along?
SuccessFactors Goal Management software drives the success of your company by helping you more tightly align the efforts of your entire workforce. With everyone working together toward the same objectives, your company can cover more ground, more quickly.
2) Performance Management
Make performance reviews really count at your company.
The performance of your employees naturally affects the performance of your company. Which means performance reviews stand as one of your most powerful tools for ensuring your ongoing success. But unfortunately, many organizations today have come to see the review process as a dreaded exercise that holds little real value for workers or management.
SuccessFactors Performance Management transforms the employee review process into a springboard that helps your company drive real business results. With SuccessFactors, you’ll be able to more easily measure individual employee contributions—accurately, clearly, and objectively. So you’ll be equipped to decide who you want to keep, reward, or single out for targeted development.
3) Compensation Management
Drive business results by creating a true pay-for-performance culture.
Studies reveal that nearly two-thirds of today’s senior executives name pay-for-performance as the #1 tool for achieving positive financial results at their companies. But as you’ve probably discovered, instituting this type of compensation structure at your organization is much easier said than done.
SuccessFactors Compensation Management helps you significantly boost the performance of your employees via compensation rewards, creating a more engaged workforce that’s willing to go the extra mile for your organization. Plus you’ll enjoy clearer visibility into individual employee performance when it comes time to make critical compensation planning decisions.
4) Learning & Development
Grow your business by helping your people grow.
People at your company who want to advance their careers are always looking for ways to sharpen and improve their skill sets. Your challenge becomes making sure you’re investing in learning programs that will best help your employees address their skill gaps, prepare for future roles, and achieve individual goals—thereby contributing to the success of your company.
SuccessFactors Learning & Development helps you establish a clear path for employees to achieving their goals. Our powerful solution lets you easily identify competency gaps across your organization, and then helps you formulate appropriate career development goals for your people.
5) Succession Management
Ensure you have top talent at every level of your organization.
In today’s competitive business environment, it’s more critical than ever to have the right people in place throughout your organization. And for you to be nimble enough to quickly reshuffle your talent should a new business opportunity arise or one of your key players suddenly depart.
SuccessFactors Succession Management helps retain and develop talent at every level of your company. You can use our robust succession planning application to easily map every staffing move - across teams or across the world. Plus you can construct and create new department hiring plans, while providing employees with greater visibility into the future of their careers.
6) Recruiting Management
Find high-quality talent who will stand the test of time.
Finding the right talent for your company has always been an expensive undertaking. But replacing a bad hire can cost your organization even more, delivering a financial blow that averages 2.5 times the person’s salary. So how can you avoid the wasted time and expense that comes from hiring employees who underperform, lack basic competencies, or simply don’t fit into your organization?
SuccessFactors Recruiting Management helps you navigate through the hiring maze to find and secure the absolute best employees for your organization. Seamless integration with our broader Performance & Talent Management suite of applications means you’ll have the "secret" weapon you need to beat your competition when it comes to attracting top talent.
According to Bersin & Associates’ 2007 Talent Management Suite Report:
Organizations with multiple, integrated modules from the same vendor experience a 25% greater impact on how well the systems support key Talent Management initiatives.
Performance Management is the backbone of the Talent Management Suite and provides the greatest leverage for business impact. The top three integrated talent management initiatives combine core Performance Management with Development Planning, Succession Management, and Compensation Planning.
| Contact Us | johan@balancedscorecardsa.co.za |
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