At the EBA Summit, Katie shared her organization’s lessons on fueling performance. She shared that companies are now operating as a network of teams, aligning goals, providing real-time, continuous and multi-directional feedback. The industry is actually moving ahead of HR. Don’t wait for HR to get this, bring them with you and they will make the connections.
The video recording of Katie’s presentation and slides can be found here.
Katie asked the audience how the felt about performance reviews and shared some industry findings.
After her company came to the realization that this wasn’t working, they actually decided to SCRAP their current system and START OVER!
Katie and a cross-functional team came together to design a new performance management model that would actually work for them. They agreed that they are a TEAM BASED culture who needs to be Transparent and Empowering. They used these guiding principles:
Katie’s team started to apply and experiment with new models and patterns and shared a few.
Feedback confirmed the new process is working through the opportunities to enhance understanding and the value derived from it.
As Katie concluded, this is a journey of experimentation and learning, she’s excited to continue to apply new patterns and share their learnings with the community.