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& WEBINAR “Know what you are shooting at” – Why Employee Goals Management is Critical? WINNER of Microsoft Code For Honor 2014 Large Enterprise Software Best Human Capital / Talent Management Solution
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House Keeping Instructions
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… House Keeping Instructions House Keeping Instructions panel. All phones are set to mute. If you have any questions, please type them in the chat window located beside the presentation panel. We have already received several questions from the registrants, which will be answered by the speakers during Q&A session. We will continue to collect more questions during the session as we receive and will try to answer them during today's session. In case if you do not receive answers to your questions today, you will certainly receive answers via shortly. Thank you for your participation and enjoy the session. …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Synergita.com kelsasolutions.com
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will make life easier for everyone will make life easier for everyone
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Speaker Profile …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Bindu Muralidharan Senior Consultant & Strategic HR Specialist will make life easier for everyone Vishnu Elango Talent Management Consultant will make life easier for everyone Synergita.com kelsasolutions.com
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Top 4 Learning From This Webinar
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… The Agenda Top 4 Learning From This Webinar panel. 4 best practices to manage goals How to set SMART goals for your employees How to align employees to organization's goals Strategy to implement/achieve goals …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Synergita.com kelsasolutions.com
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Poll 1: How many of you follow a structured employee goals management process in your organization? …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… I have already established the process I am in the process of implementing one I am yet to start on the goals management process Synergita.com kelsasolutions.com
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A Goal is something that you are trying to do or achieve
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… What is a Goal ? …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… A Goal is something that you are trying to do or achieve Synergita.com kelsasolutions.com
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Goals fall into two categories:
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Goals …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Goals fall into two categories: panel. Strategic (long-term goal) – usually for a quarter, a year or longer Operational (short-term goal) – a few days or months Synergita.com kelsasolutions.com
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If You Can't Measure It, You Can't Manage
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Goals Management …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… If You Can't Measure It, You Can't Manage It! – Peter Drucker Synergita.com kelsasolutions.com
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Goals Management What do we know about effective goals management?
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Goals Management …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… What do we know about effective goals management? For starters, it’s one of the key components of high-impact performance management in organizations. Organizations that adopt goal management best-practices simply perform better. This is because their employees know what’s expected of them, are working on the right projects, are aligned in helping to achieve organizational goals, and are more engaged as a result. Synergita.com kelsasolutions.com
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Why Goal Setting? panel. Helps focus on what is important
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Why Goal Setting? …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… panel. Helps focus on what is important Clarifies roles/job expectations, provides direction Reinforces the link with business strategy Sets the stage for clear dialogue Basis for performance evaluation Represents desirable outcomes Synergita.com kelsasolutions.com
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Poll 2: Do you think that employees who identify their goals in advance have a better chance to achieve it? …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Yes No Maybe Synergita.com kelsasolutions.com
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How to set Goals? 2. Start with the big picture
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… How to set Goals? 1.Get your team involved ! 2. Start with the big picture Brainstorm Establish Dialogue 3. Do not “tell” or “sell”; let the goals and targets evolve 4. Agree on metrics – Define metrics 5. Align, Align, Align ! …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Synergita.com kelsasolutions.com
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Goal-setting Framework
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Goal-setting Framework Organization’s Value Framework Vision and Mission Strategic Goals Department Goals Team-level Objectives Individual Performance Measures & Competencies Aligning Organization’s performance management philosophy with the values, vision and strategic objectives …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Aligning business unit, team-level, and individual goals with the organization’s strategic objectives Synergita.com kelsasolutions.com
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Creating SMART Goals S SPECIFIC: State exactly what you want to accomplish (Who, What, Where, Why) …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… M MEASURABLE: How will you evaluate the extent to which the goal has been met? A ACHIEVABLE: Set challenging goals within your ability to achieve the outcome. R RELEVANT: How does the goal match with your key responsibilities? How is it aligned to objectives? T TIME BOUND: Set target dates. Also include deadlines, dates and frequency. Synergita.com kelsasolutions.com
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Goal 1: “I need to lose weight”
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Is this Goal SMART? Goal 1: “I need to lose weight” …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Specific No Measurable Not at all ! Achievable Who knows? Relevant May be! Time bound Surely not! Synergita.com kelsasolutions.com
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Goal 2: “To improve my health, I will lose 4 kgs by July 22, 2016”
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Is this Goal SMART? Goal 2: “To improve my health, I will lose 4 kgs by July 22, 2016” …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Specific Yes (lose 4 kgs) Measurable Yes (compare weight before & after) Achievable Yes (about 1 kg a week) Relevant Yes (lose weight to improve health) Time bound Yes (by July 22, 2016) Synergita.com kelsasolutions.com
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Each goal will have a definitive start and an end
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Goals / KRAs …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… An objective or a desired result expected to be achieved by an employee. Each goal will have a definitive start and an end panel. Goals need to be set based on SMART principles Should reflect the roles and responsibilities of the employee in his/her current role Typically goals for any role Goals will be assigned to an employee by their immediate reporting manager Each goal should be assigned a weightage Total weightage of all goals for an individual will be 100% Finalized between the employee and his/her manager Synergita.com kelsasolutions.com
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Best Practices for Effectively Managing Goals:
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Best Practices for Effectively Managing Goals: …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Make all goals SMART. Set organizational goals, then align individual employee goals with organizational goals. Have leaders regularly communicate the status of high-level goals to the organization. Regularly review, revise and update all goals. Synergita.com kelsasolutions.com
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Goal Setting Obstacles
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Goal Setting Obstacles …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Resources Timelines Changing environment Past experiences Synergita.com kelsasolutions.com
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Poll 3: Do you think individual goals achieved by your employees will contribute to the overall growth of the organization? …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Yes No Maybe Synergita.com kelsasolutions.com
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Goals Implementation Reflect regularly on how you’re doing on your goals Establish a basis for tracking team goals Communicate the status to all stakeholders Keep team informed of goal revisions of team members Be accountable for ALL your results: What’s working What’s not Revise goals as needed …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Synergita.com kelsasolutions.com
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Poll 4: Is it important to implement a tracking/review mechanism once an employee is assigned with goals? …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Yes No Maybe Synergita.com kelsasolutions.com
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It is quite easy with Synergita...
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Employee Goal Setting Is Critical – Now how easy is it to set the right goals for your employees? …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… It is quite easy with Synergita... Synergita.com kelsasolutions.com
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Highlights of Goals Management
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Highlights of Goals Management …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… panel. Set SMART goals – as soon as the employee joins in Update and track goals for each employee easily Organization and department level goals dashboard Analysis of goals through statistical reports Synergita.com kelsasolutions.com
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Add Goals Easily to Your List
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Add Goals Easily to Your List …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Synergita.com kelsasolutions.com
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Define & Access “My Goals”
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Define & Access “My Goals” …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Synergita.com kelsasolutions.com
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Team’s progress on the Goals – Insights for the Manager
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Team’s progress on the Goals – Insights for the Manager …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Synergita.com kelsasolutions.com
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Goals & Competency Library
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Goals & Competency Library …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Synergita.com kelsasolutions.com
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9 Box Analysis …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Synergita.com kelsasolutions.com
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SWOT Analysis …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Synergita.com kelsasolutions.com
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Any Questions? …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… Synergita.com kelsasolutions.com
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THANK YOU! www.synergita.com info@synergita.com
…………………………………………………………………………………………………………………………………………………………………………………………………………………………………… …………………………………………………………………………………………………………………………………………………………………………………………………………………………………… THANK YOU! Synergita.com kelsasolutions.com
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