In a recent Deloitte survey, 79% of global executives rated agile performance management as a high priority for their organizations. With the digital transformation impacting companies nationwide, HR departments continue to look to technology to fulfill their recruiting and training initiatives.
To learn more, we invited employee engagement expert Jason Lauritsen, author of Unlocking High Performance: How to Use Performance Management to Engage and Empower Employees to Reach Their Full Potential, for an HR Break Room conversation.
Make the plan
Lauritsen stressed that HR tech alone is not enough to implement successful talent management initiatives. Having a clear plan and strategy is just as important.
He likened HR technology to the things a builder requires to construct a home. If the work site has a stack of boards, materials and tools, but no blueprint, the builder will encounter difficulties. Technology can be used to support and improve engagement, but to maximize ROI, it’s important to know what is being done and why it is being done.
Don’t just enlist technology to aid and improve talent management initiatives. Ensure the organization knows how to use the tech you’ve purchased as you implement strategies for digitally transforming their workplace.
Competition swarm
The skills gap and increase in workplace-learning technology are disrupting business and industries alike. With low unemployment and many key positions remaining unfilled, it’s critical for HR to engage employees with the right HR technology.
According to Lauritsen, it’s imperative to provide learning technology that helps employees grow in a role or upskill to a new one. Organizations that do not provide this will lose talent to employers that do. If organizations are not upskilling, re-skilling or re-training employees on an ongoing basis, those businesses will be left behind.
The feedback they want
Giving quality feedback and improving employee performance are a vital part of talent management, and should come from a multitude of sources, including regular performance reviews, peer reviews, metrics and dashboards, and employee recognition programs.
Lauritsen stated that training employees to positively receive and implement feedback is just as important as the feedback itself. To ensure employees are equipped for the feedback they’ll need to be engaged and grow in their career, consider incorporating digital technology into your 2019 talent management strategy.
Listen to our full conversation with Lauritsen on episode 53 of the HR Break Room podcast, “Talent Management: How HR Technology Transforms the Employee Experience.”