The identification of talent and ability. Setting competencies allows an organization to identify the behaviors that will lead to success in a position, as well as an organization. FlexiEle’s competency framework provides for the setting of down to the individual position and employee level to ensure success. Identifying competencies goes a long way in effective decision making regarding recruitment, assignments and promotions.
Measure what matters,define goals meaningfully. Setting goals is an important piece to any organization’s strategic vision. When goals are communicated throughout an organization, and ultimately measured, they indicate what is important, what needs to be done and allows for effective use of resources. FlexiEle’s powerful Rule Engine enable you to define different goals and measurement criteria for different sets of employees and teams. By clearly identifying specific and measurable goals, organizations can create a competitive advantage by aligning organizational goals to those at an individual level. The Goal Setting and Management system provides for continuous monitoring and feedback. Additionally, FlexiEle provides a platform where a dialogue can take place between supervisors and managers in defining and setting coordinated objectives.
Harness performance potential with a comprehensive system. When done right, performance appraisals are a valuable tool for feedback, development and accountability. They create opportunities for thoughtful dialogue between an employee and supervisor and serve as a look back in assessing an evaluation period, but more importantly, as a road map for future success by incorporating goals and objectives for the upcoming review period.
Appraisal Template– Organizations are complex and often require many different positions that are difficult to evaluate with one appraisal. FlexiEle provides a customizable platform to configure different appraisal templates for various positions’ performance management.
Advise, encourage and steer people in the right direction. Organizations that support and encourage development and learning stand apart from those that do not. Working in concert with performance appraisals, Individual Development Plans benefit both the employee and organization by aligning employee training and development efforts with mission, goals and objectives. Through the use of an IDP, supervisors are able to guide the development of employees in reaching their professional goals,. Employees take personal responsibility and accountability for their career development, but leaders will share that responsibility with followers. FlexiEle integrated solution integrates IDP with the Competency and Learning Management systems to update as an employee gains competencies or achieves professional development goals.
Enhancing employee Engagement and Retention. There are a lot of factors in retaining employees, but one constant is that compensation has to be correct. The cost of replacing an employee can be up to several times his or her salary. Competitive compensation, a positive culture, learning opportunities and career progression are just some of the keys to recognizing and retaining staff. An effective compensation and reward system is critical and should be linked, whenever possible, with the performance management system. Aligning pay with organizational, team and individual goals and competencies makes strategic sense for organizations large and small. FlexiEle’s integrated system allows for a tailored, comprehensive approach.
Talent management is about taking the long view on an extremely important topic—people. Creating an environment in which finding and keeping the right individuals is a high priority. There is an inherent investment of time and resources with talent management, but the alternative is an environment in which uninformed hiring decisions are made, people aren’t properly trained and they do not develop during their career, and finally, good work either doesn’t happen or it’s not recognized and rewarded. When pieces of the talent management puzzle are missing, it is often reflected in poor productivity, employee disengagement and/or turnover, all of which bring significant costs. When organizations value their greatest assets by putting in place a talent management strategy, the results will speak for themselves.