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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Ben Peterson
Co-founder and CEO
BambooHR
Jason Corsello
VP of Corporate Development & Strategy
Cornerstone OnDemand
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Communication brings
employee success
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
How can we make sure
performance reviews are
motivational and worthwhile?
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Performance reviews
of the past
• Tracking progress and completion were a nightmare
• Information was unreliable and quickly outdated
• Only looked at individuals
• Only provided feedback from direct supervisor/manager
• Difficult to analyze and report
• Couldn’t access data quickly
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
How can we increase performance
and prep tomorrow’s leadership?
Improve performance reviews
Mentor
Coach day to day
Create a feedback culture
Plan for succession
1.
2.
3.
4.
5.
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Improve the performance
review process
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Performance happens
daily, reviews should too!
Reviews should be:
• Conversational
• Purposeful
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
What managers can do
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
What employees can do
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
What organizations can do
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Mentoring56 percent of new hires want a mentor or buddy.
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Mentoring increases
productivity and retention95 percent of mentoring participants say the
experience motivates them to do their very best.
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Mentoring needs a
welcoming environment
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Mentors and mentees should
be willing participants
“We are all standing on the shoulders of those who believed in us
long before we believed in ourselves. They were mentors long
before the term gained the recognition that it has today.”
—Charlie Nelms, Huffington Post
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Coaching day to day
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Coaching: What to do
• Recognize achievements frequently
• Commit to development
• Be likeable
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Coaching: What NOT to do
• Don’t fixate on fixing stuff
• Don’t just tell
• Don’t make it one-way
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Coaching Results
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Creating a
feedback culture
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Companies are
lacking feedback.65 percent of people feel like they don’t
get enough feedback.
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Creating a
feedback culture
Encourage everyone
Establish ground rules
Create balance
1.
2.
3.
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Plan for succession
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
What should you consider when
building your process?
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
How can you develop
successful employees today?
• Identify and retain future leaders
• Create impactful development opportunities
• Develop a ready talent pipeline
• Increase employee engagement and retention
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Common Succession
Planning Mistakes
and Pitfalls
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
What can you do today?
Improve performance reviews
Mentor
Coach day to day
Create a feedback culture
Plan for succession
1.
2.
3.
4.
5.
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Follow BambooHR and Cornerstone on social media:
bamboohr.com/blog | cornerstoneondemand.com/blog
Thank you!
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5 Strategies for Developing Highly Successful Employees
bamboohr.com cornerstoneondemand.com
Questions?BambooHR
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