BetterWorks is a continuous performance management solution and a new cloud-based platform that allows employees to better reach their personal business goals. While it was in stealth, the platform raised $15.5 million with its top advisors and picked from 25 enterprises. CEO Paul O’Neill of Alcoa believes that a company should always focus on the employees and clients. This is his three rules to maximizing a companies workforce.
The first rule is to look forward and not backward with the company’s implemented performance process. The annual reviews that employees go through are very stressful and not helpful to their career. By the time the managers review them, the advice is too little, too late. What needs to be done is to have managers have these reviews more often and teach the managers how to lead the conversation to look toward how the employee can impact the company.
This goes along with the next rule, which is to help the company managers to motivate the employees. The more the senior manager, the more experience and advice they can give to the employees. Far too often managers forget this. Companies should train managers to have these conversations. This way they can act more like coaches and pass on their knowledge to better the employees and company.
The third rule is to ensure all employees have a purpose and that they are in a position where they can grow. If the employee sees this as a dead-end job and knows the company doesn’t care about their talent, why would they stay? Companies need to invest in employees careers and keep them engaged.
Human Resources, also coined as HR, is the central department of most any company. This is because they oversee employee compensation and benefits. Most importantly, they are to be the one place where employees feel that they can be cheered on by their employer. How can companies learn more about what they need to do to help their employees be more productive and work as a team?
Betterworks, an HR software has become the “go to” for Continuous Performance Management. The survey that they conducted recently gives us some valuable information regarding how HR functions and how it’s made up. Additionally, the survey answered some important questions about leadership in HR and how their role can define what moves business toward success.
The role of the HR department is essentially to ensure that the desired outcome of the business comes to fruition. The HR department and team should be focused on leading the organization forward by leading their people. Managers and leaders in HR believe that dedicating their time and expertise to human capital is the best and only way to succeed.
The people are what make a company, not necessarily a name or the product they sell. Betterworks tracks performance, and how employees are working together. The study also discovered that HR departments that had individuals at the C-level reporting to the CEO, were more forward thinking and they were more likely to produce success on the front lines.
Last but not least, feedback is something that should be given liberally in order for any HR department or company to succeed. Those CEO’s who tend to see the most success with their organization are those who are focused on motivating their employees. They also tend to think long-term and continuously on how to move forward.
Betterworks is a real “go to” option for any CEO that desires to raise motivation and encourage everyone on the team to make a joint effort.
Follow Betterworks on Instagram –https://www.instagram.com/betterworks
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