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: HCM Practice : [email protected] : [email protected]
www.hexaware.com
Transformational Performance Evaluationsthrough SAP Successfactors Goals& Performance Management
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The Logical Nuances of Effective Performance Management
Reshaping Goals & Performance Management with SAP Successfactors
Hexaware’s Growing HCM Journey
About Hexaware’s HCM Practice
Table of Contents
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Monitoring & Tracking the Goal Progress through regular review
Identifying poor Performance and taking corrective actions
Ensuring Alignment across the Organization - linking Strategy and Implementation
Quantitative Objectives - Measurable & Time bound Goals
The Logical Nuances of Effective Performance Management
HR Leaders and Practitioners have to find solutions to the complex challenge of making sure the organization marches on successfully achieving excellence in what it does, ensure aspirations of their workforce is met, identify and create talent pipelines within their organizations for future, and at the same time provide all these solutions and implement them at reasonable costs.
The foundation of any successful HR strategy is in ensuring a strong Performance Management framework. Performance Management assumes priority over all other processes in Strategic HR – considering Performance of employees roll up to overall organization performance, compensation gets linked to performance, identification of future leaders and for myriad other HR processes, performance Evaluation acts as a good starting point. A strong Performance Evaluation separates the Wheat from the Chaff, proverbially speaking
Traditionally, Performance Management is perceived as a pain to manage by the stakeholders. Managers view it as waste of time and a mere compliance process, employees views it more punitive than a process that aids in their development. And if carried out manually, it becomes a pain for the HR as well, with complex problems ranging from administering the evaluations to managing multiple steps in the process to reporting. A Performance Evaluation, which focuses only at automating the process rather than providing tools for the organization to transform their process creates more problems than it solves.
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About Hexaware’s HCM Practice
Hexaware’s HCM (Human Capital Management) competency center provides end-to-end HR transformation services, across multiple technology solution platforms such as SAP, Oracle, Success Factors and Workday etc. Our comprehensive services start with HCM Consulting, HCM Application Services, HCM Cloud Services, HCM Analytics Services, HCM On the Go Services and HCM BPO Services. With our domain thought leadership, capabilities, tools, accelerators and industry best practices, we have enabled multiple successful HR transformations.
60+countries - HCM service delivery
excellence
20+HCM applications
exposure
120+Successful HCM
Engagements
30+Global
Transformation Programs
850+HCM application
specialists
Reshaping Goals & Performance Management with SAP Successfactors
Goals & Performance Management solution from SAP Successfactors focusses on transformational Performance Evaluation which helps an organization to successfully overcome these challenges. It provides the framework for an organization to:
• Create Quantitative Goals – from a pre-built Goal Library containing organization’s strategic Goals• Measurement mechanism for measuring Goal achievements• Analytics on Alignment of Employee Goals with Organization’s strategic Goals• Continuous feedback mechanism - where Managers can track the Goal status and take corrective actions at regular intervals to ensure successful achievement of the Goals• Comparing the Performance of Employees fairly• Effective Team rating
However, these features alone do not make Goals & Performance Management solution of SAP Successfactors, a comprehensive solution. The most important features of the solution are:
• The tools to blend formal and Social approaches in Performance Evaluation• An easy to use and rich user experience - to engage with the employees and Managers• Writing assistant and Coaching Advisory tool - removes the greatest difficulty of inability of managers to effectively coach their employees.
The effectiveness of Successfactors Goals & Performance Management solution lies not in the features and functionalities of the solution, but in the transformation it brings to the whole process.
Instead of focusing on whether the employee met the Goal or not, the focus of the solution is towards:
• Where the employee is lagging behind• How the employee can improve• Allowing a Manager to Mentor & Lead• Talent Development over a period of time
while SAP Successfactors Goals & Performance Management provides a solution to automate Performance Evaluations, the Transformation is about the way it helps organizations to reinforce and Transform their Performance Management strategies from Evaluation to Nurturing.
Hexaware’s Growing HCM Journey
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About HexawareHexaware is the fastest growing next-generation provider of IT, BPO and consulting services. Our focus lies on taking a leadership position in helping our clients
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