Spotlight on How Businesses are Rethinking Performance Management, Compensation and Succession at SuccessConnect 2016
By Nicole Saunders, Senior Manager, Solution Management and Lara Albert, Director, Solution Management
There’s no doubt that companies are rethinking how to identify, develop and retain talent in order to improve business outcomes.
A recent study found that 71% of companies believe their performance management is ineffective. It’s no surprise that more and more organizations tell us that their approach to performance management no longer aligns with the needs of their employees and business.
At the same time, faced with today’s skills shortage and shrinking budgets, companies are particularly challenged to attract and retain the highly-skilled workforce they need to achieve their business goals. In fact, recent research found that 66% of organizations have problems attracting skilled talent and 41% of organizations have problems retaining these employees.
To compete and win in today’s increasingly competitive and rapidly changing market, improving productivity, cultivating talent continuity and increasing employee engagement in ways that drive real business results are imperative.
As a result, companies are focused now more than ever on how to motivate employees to perform at their best, align their performance management and compensation programs with business objectives, and enable effective succession planning at all levels of the organization to support future growth.
I am pleased to share that at SuccessConnect 2016, SAP SuccessFactors Performance & Goals, SAP SuccessFactors Compensation and SAP SuccessFactors Succession & Development, will take center stage as customers, partners, and industry thought leaders come together to share forward-looking ideas, innovative best practices, and expert suggestions on winning through talent management.
As part of our “Rethinking Performance Management, Compensation, and Succession” track, we have planned a fantastic line up of speakers and presentations that you won’t want to miss.
In these sessions, you’ll discover the business issues driving customers to adopt SAP SuccessFactors Performance solutions. You will learn how organizations are charting their unique journeys, and the business benefits they are realizing along the way. You’ll get a first-hand look at some of our exciting technology innovations that are allowing companies to take their performance management processes to the next level, particularly in the areas of ongoing coaching and feedback and rewards and recognition. You’ll also gain valuable insight into the strategic investments we are making in our product road maps to ensure we continue to meet your evolving needs.
Here’s a quick run-down of the sessions in the “Rethinking Performance Management, Compensation, and Succession” track:
Introduction and Overview of Performance and Succession Solutions
Many organizations struggle to effectively engage a diverse, multigenerational workforce. Learn how our performance solutions, which include SAP SuccessFactors Performance & Goals and SAP SuccessFactors Succession & Development, improve workforce performance, strengthen employee engagement, and drive business results. You’ll learn about innovative new capabilities, including continuous performance management. This is definitely not a session to be missed!
Mark Brandau, Vice President, Solution Management, SAP SuccessFactors
Lara Albert, Director, Solution Management, SAP SuccessFactors
Overview and Road Map for SAP SuccessFactors Compensation
Discover how the SAP SuccessFactors Compensation solution helps HR transform compensation into a strategic part of your overall talent strategy. You’ll see what’s included in SAP SuccessFactors Compensation and how it helps you align compensation programs with business objectives and more effectively attract and retain top talent. You’ll also see the latest innovations and gain insight into our strategy and direction for SAP SuccessFactors Compensation as well as hear about upcoming key capabilities.
Nicole Saunders, Senior Manager, Solution Management, SAP SuccessFactors
Amy Dines, Principle Product Manager, SAP SuccessFactors
Creating the Conditions for Continuous Performance Management
Many companies are changing performance management from an annual event to a series of ongoing, continuous coaching conversations. SAP SuccessFactors technology plays a key role in this transformation, but while technology enables change, it does not create it. Issues such as manager coaching skills, employee engagement, and job structure can enable or limit the effectiveness of performance management transformations. Join us for a panel discussion with customers and performance management experts focused on understanding and creating the right conditions to support a culture of continuous performance management.
Lori LePla, Global Talent Assessment Manager, GM
Christine Fleis, Talent Management Program Specialist, GM
Geoff Fetner, Product Expert, SAP SuccessFactors
Elizabeth Walter, HR Manager, SRAM, LLC
Steve Hunt, HCM Research, SAP SuccessFactors
Demystify Performance Management v12 Acceleration with Change Management
Intimidated by what they thought would be too many drastic changes all at once that would overwhelm employees, the HRIS team at Herbalife International was reluctant to make the move to Performance Management v12 Acceleration version of the SAP SuccessFactors Performance & Goals solution. Learn how they faced their fears and developed a change management plan that made the move to PM v12A a lot less intimidating and ensured project success.
Michelle James, HRIS Specialist, Herbalife
How CenturyLink Simplified the Compensation Process and Achieved Operational Success
Organizations that take a strategic approach to compensation planning and management are more effective at attracting, motivating, and retaining top talent; however, many struggle to make the transformation. While technology enables this transformation, it does not create it. Hear how the HR team at CenturyLink, a Fortune 500 global communications, hosting, cloud, and IT services provider, engaged with the SAP SuccessFactors Solution Adoption team to improve their compensation cycle, optimize internal processes, and overcome the negative perceptions of the SAP SuccessFactors Compensation solution. You will learn how they were able to simplify their compensation process design, address the unique needs of the business, and instill a true pay-for-performance culture using SAP SuccessFactors Compensation.
Sharon Burns, Senior Lead HRIS Analyst, CenturyLink
Jill Turner, VP of Compensation & Analytics, CenturyLink
Leslie Apony, Director Solution Adoption – Talent Management, SAP SuccessFactors
How Community Health Network Achieved Performance Management Excellence in Healthcare
In healthcare, many organizations face the challenge to decide which approach is best for managing employee performance. Community Health Network was no different two years ago, debating how to shift from anniversary-based reviews to annual reviews across its 14,000+ employee workforce. In this session, Community Health Network will detail its winning strategy for implementing annualized reviews as part of a paradigm shift to a different and new performance management process enabled by the SAP SuccessFactors Performance & Goals solution. The presentation will cover the organization’s journey for implementing the solution, which has resulted in 100% adoption. You will also hear key benefits, including how the change in Community Health Network’s performance management process has positively impacted talent management decision making in other areas such as calibration, succession planning, and compensation.
Kris McCormick, Manager Talent Management Systems, Community Health Network
Dan Fledderjohann, Systems Administrator, Community Health Network
How Fluor Corporation Embraced a Big Change with Performance Management Without Ratings
In this session you’ll learn how Fluor Corporation, one of the world’s largest publicly traded engineering, construction, and project management companies, turned its performance management process into a streamlined, state-of-the-art performance system. The Fluor HR team studied dozens of performance systems to create a customized, bold new process that, for the first time, eliminated overall performance ratings, linked employee performance goals to company objectives, established a common four-month review window, and refocused manager and employee discussions on helping others succeed. The new process was pilot tested and rolled out to 23,000 worldwide employees in 2014. A follow-up survey of more than 6,000 employees showed that the HR team is helping Fluor achieve its strategic goal of having the most capable workforce in the industry.
Lindsay McKie, Senior Manager Talent Development, Fluor
Tanvi Jariwala, Talent Development, Fluor
IBM Leverages Crowdsourcing to Co-Create a New Performance Management Experience
Performance management is driving significant debate as many corporations implement new approaches intended to raise the quality of conversations and break away from the disengaging and administrative programs of the past. But performance management is also tightly woven into the fabric of a corporate culture and the supporting management system, making change a challenging proposition. Hear how IBM redesigned performance management through massive co-creation with its workforce, design thinking, and the SAP SuccessFactors Performance & Goals solution in a design journey spanning only four months and a program launch to 380,000 employees and 170 countries at one time.
Michelle Rzepnicki Ames, Director IBM Performance Management
How the HANA Cloud Platform Enabled Compensation Management Success at CVS Health and Cargill
Creating a high efficiency, lean and accountable organization are critical goals for organizations with complex and diverse domestic and global operations. Learn how both CVS Health and Cargill achieved alignment of their people and HR technology strategies using SAP Hana Cloud Platform and SAP SuccessFactors. Leveraging new on-demand decision support tools and an integrated performance assessment process, CVS Health enabled HR and managers to execute award differentiation to align with the company’s pay-for- performance philosophy. Harnessing the power of the Hana Cloud, Cargill evolved their compensation recommendation process, giving valuable time back to planners with super fast management reporting, shortening their compensation process from two months to two weeks and significantly improving user satisfaction. Join this session to learn how to take your talent processes to the next level with the Hana Cloud.
Kevin Hemberger, Senior Compensation Analyst, Global HR Solutions, Cargill
Nora Costa, Director, Enterprise Information Resources Inc.
France Lampron, President and CEO, Enterprise Information Resources Inc.
Transformational Talent Engagement in Small Enterprises
Prior to implementing the SAP SuccessFactors Employee Central and SAP SuccessFactors Performance & Goals solutions, Parallels, Storm Industries, and Elbit Systems of America managed their talent through an extensive and time-consuming paper-based performance cycle with little to no tie-in into development plans. This in turn created a workforce that was unable to chart a path for success or gain a clear understanding of the expectations of individual roles and how the organization would be able to assist in individual development. Join us for a panel discussion with Parallels, Storm Industries, and Elbit Systems of America to hear how they were able to realize a far more engaged employee base through the implementation of SAP SuccessFactors Employee Central and SAP SuccessFactors Performance & Goals.
Mark Couts, Business Applications Analyst, Parallels
Jan Vincent del Rosario, Training and Development Specialist, Elbit Systems
Karen Beisch, Vice President of Human Resources, Storm Industries
Lori McNally, Chief Strategic Engagement Officer, SAP
Transforming Executive Succession Planning at Western Financial Group
Do you spend countless hours creating presentations for succession planning meetings? Join this session to hear how the HR team at Western Financial Group was able to transform its succession planning process using the SAP SuccessFactors Succession & Development solution. Learn how they are using SAP SuccessFactors Presentations to quickly and easily design slide decks for their executive succession planning meetings. With this feature, they are able to access key employee information in real time to support the talent review conversations and make any necessary changes on the spot. Attend this session to see a live demo. You won’t want to miss this!
Renee Lewis, HRIS Team Lead, Western Financial Group Inc.
From Paper to Progress: Migrating Performance and Compensation Processes to the Cloud
Prior to this year, Pedernales Electric Cooperative (PEC) was drowning in a performance and compensation cycle that consisted of manually updating spreadsheets, physically scanning hundreds of paper performance reviews over a period of several months, and zero traceability. Employee and manager engagement was low, and consistency from year to year was nonexistent. Enter SAP SuccessFactors solutions, where after a lengthy planning and implementation process, the HR team at PEC was able to move the performance and compensation cycle into the cloud and take advantage of all of its benefits. They are now able to review and track their apprenticeship program from month to month, have complete insight into where employees and managers are in the cycle, and have actual goal tracking. Hear PEC’s story of paper to progress, with the SAP SuccessFactors Performance & Goals and SAP SuccessFactors Compensation solutions.
Cindy Armstrong, Director of Human Resources, Pedernales Electric Cooperative
Whitt Eakman, HRIS Manager, Pedernales Electric Cooperative
Winning Strategies for Implementing and Adopting SAP SuccessFactors Succession & Development
With the baby boomer generation about to exit the workforce, succession planning and career development are more critical for organizations than ever before. Join FirstEnergy, a leading energy provider with more than 15,000 employees, on its journey to HR transformation with the SAP SuccessFactors Succession & Development solution. You will hear how FirstEnergy has used SAP SuccessFactors Succession & Development to manage this transition, the lessons learned along the way, and surprising enterprise successes. You will also learn how to align your organization around these critical processes to help ensure succession plans for critical talent and increase employee engagement through career development.
Meslissa Hayne, Manager Generation Human Resources, First Energy Corp.
Jody Owen, IT SAP Configurer Analyst IV, First Energy Corp.
Better Reward Plan with Compensation Planning, Variable Pay, and SAP SuccessFactors Employee Central
The compensation planning and variable pay features use the data stored in the SAP SuccessFactors Employee Central solution. Learn about the delivered integration and processes to maximize the value of the three working together. We will feature the brand-new spot bonus functionality as well as a look into the road map for more integrated processes.
Sirisha Ayyagari, Director of Engineering, SAP SuccessFactors
Amy Dines, Principle Product Manager, SAP SuccessFactors
Road Map and Direction for Performance and Succession Solutions
Join us for this session with SAP SuccessFactors product managers to learn how SAP is evolving the SAP SuccessFactors Performance & Goals and SAP SuccessFactors Succession & Development solutions to meet today’s challenges. You’ll receive an update on the market trends and what they mean for HR professionals. You’ll also gain insight into our strategy and direction for our performance and succession solutions and hear about upcoming key capabilities.
Sam Passman, Senior Director, Product Management, SAP SuccessFactors
Dipesh, Bhattacharya, Director, Product Management, SAP SuccessFactors
To see a complete list of all sessions, please see the session catalog.
It’s an exciting time as we think about how performance management, compensation, and succession and development are changing to deliver more strategic business value. Please join me in exploring these topics during our upcoming SuccessConnect event in Las Vegas… look forward to seeing you there!
SuccessConnect Las Vegas, August 29-31
*These sessions are final as of the time of posting this blog; however, sometimes there are last minute changes. Make sure to download the mobile application for SuccessConnect 2016 to keep up with the latest. We look forward to seeing you soon!