Dresser & Associates

Product Review: Sage HRMS Talent Management

For part two of our product review series, I decided to look at Sage HRMS Talent Management. This product is intended to help organizations of all sizes and in all industries increase employee engagement, productivity, retention, and alignment with organizational goals. To find out more about this product, I had the pleasure of interviewing JoAnn Jacobson, Regional Representative for Sage Specialized Solutions, and Mark Butje, Director of Product Marketing for Sage Specialized Solutions.

The first question I had for them was how Sage decided on working with Cornerstone OnDemand. Mark explained that after looking at many different products, Sage decided to go with Cornerstone because the overall product portfolio really fit with their vision for what they wanted for a talent management solution.  As they looked, they found that there weren’t many products that catered to small and mid-sized companies, and it was a priority that the product Sage picked catered to companies of all sizes.

When I asked about favorite features, JoAnn commented that the Learning Management feature is really unique.  She explained that this feature allows employees to see what skills they need to acquire and courses they need to take. This helps each individual employee identify areas that they need improve on and assigns each employee training.  This feature is really special because it empowers employees to have more control over their own destiny.

Sage HRMS Talent Management is really geared towards a company that understands the value of HR and capital management. If an organization doesn’t understand the value, they will not find the product worth the cost. Sage HRMS Talent Management provides a Return on Employee Investment, which means the company is investing in the people in the organization, not the technology. This is one of the best ways to improve, grow and become a better company.

For more information about Talent Management, please visit our website at http://www.dresserassociates.com/talent-management/overview.php.

Strategic Tuition Assistance

A robust employee training and development program can help a company boost engagement, performance, and retention. While programs vary from one organization to the next, however, their success is largely dependent on business leaders’ ability to manage investments in employee education in a way that maximizes returns–both for the employer and the employee.

One way to accomplish this is by supporting employees’ education and development—and tying personal goals to company goals. In fact, many companies have specific programs that provide assistance for costs for continued education. For these tuition assistance programs (or TAPs) to be successful, though, they must encourage the development of specific skills in your workforce, while empowering employees to pursue their educational goals.

For companies who want to launch a new TAP—or revamp an existing one—it’s hard to know where to begin. To that end, I connected with John Zappa, CEO of EdLink to identify a few key steps to get you started.

1. Identify Goals, Support with Investments
Work with your senior management team to set quantifiable, measurable goals. Address the question of cost early on, using your goals as a guiding compass. The more critical a goal, the larger your investment in a TAP. Alternatively, you can follow industry standards for less-than-critical goals.

You might consider breaking qualifying coursework into groups. Here is an example:

Strategic Tuition Assistance

2. Establish Guidelines, Communicate Expectations and Opportunities
Clear guidelines and qualifications will help to ensure a TAP supports your business goals. As such, they should address what skills are valuable to the employer, and why. Make it easy for employees to understand your business needs and how to make education choices that support those needs. Talk to employees about your tuition program in the onboarding process and periodically hold Q&A sessions to bolster interest and adoption.

3. Balance Guidelines with Flexibility and Opportunity
While guidelines are important, offering employees an opportunity to pursue their personal goals is also important. By being flexible, and offering assistance for four-year degrees, continuous learning, and applied learning coursework, employees can pursue educational goals in whatever time frame suits their needs.

Furthermore, courses unrelated to an employee’s current position shouldn’t be outright excluded. These provide opportunities for employees to acquire new skills and knowledge beyond the boundaries of their current role. This can improve employee satisfaction (which aids in retention) and create more rounded employees.

4. Measure Program Outcomes, Adjust Accordingly
For your program to have the greatest impact (and lasting success), it should be treated as an investment in a larger talent management strategy. To that end, measuring program outcomes — and how they affect other business initiatives — is essential.

Track changes in retention and engagement, and compare data against nonparticipants. And cross reference this data with things like customer satisfaction or changes in sales numbers for hard data on the value of the program.

If the program is driving desired outcomes, consider allocating more resources to allow more employees to participate. If not, survey employees to identify the reasons. Were guidelines and qualifications too rigid? Was course completion an issue? Were work schedules an obstacle?

Effective TAPs are Smart—Not All-Encompassing
Investing in employee education is a great way to foster higher retention rates and improve employee performance, but at the end of the day you’re working with limited resources. Whether you’re creating a new TAP or revamping an old one, remember that an effective plan doesn’t have to be a large plan. It has to be smart. By matching company needs with employee goals, you can encourage workforce learning without a big budget. That beings with business strategy and proactive program management. The rest is up to your employees.

Managing the Generational Knowledge Gap

Generational gapThe Society for Human Resource Management (SHRM) recently posted an article, How to Avoid a Generational ‘Train Wreck’, focusing on the knowledge gap that most companies will be facing in the coming years, as Baby Boomers retire and Gen Y and Millennials move up the ranks. As many HR departments now deal with managing and adapting to the differences of working habits and preferences of the various generations that currently makeup the workforce, it is equally as important to prepare for managing upcoming retirements.

The San Diego County Regional Airport Authority, with 55% of their workforce consisting of Baby Boomers, has recognized this “generational knowledge transfer” as one of the major hurdles they will need to overcome in the next five to ten years. This recognition has enabled them to devise proactive plans to keep their retention rates high while providing the necessary education and skills training required for senior level jobs. It is essential for them that all employees understand the potential “knowledge gap risk” and take a hands-on approach to the skills and knowledge transfer.

Follow this advice from Jeff Lindeman, SPHR, to help your company avoid the “Generational Train Wreck”:

  • Understand your company’s generational makeup
  • Project the generational makeup data into the future
  • Identify risk factors (retirements, etc.)
  • Begin to formulate a plan and engage stakeholders
  • Study correlations and begin to understand key variables that affect your organization
  • “Engage the minds of others to allow their brilliance to shine”

To read the full article, visit: http://www.shrm.org/Publications/HRNews/archive/Pages/AvoidTrainWreck.aspx.

Getting to the Heart of Employee Engagement

Tucker Robeson, CEO of CDL Helpers, says, “You need to wake up to the fact that if you’re not engaging your employees, you’re hurting them– and your company.”

Although Gallup estimated in 2004 that disengaged workers were costing U.S. businesses a staggering $300 billion a year in productivity losses, engagement is one issue that often goes unaddressed. The reason, I suspect, is that there’s a lack of consensus on what the term “engagement” really means.

For many business leaders, “engagement” is just a buzzword. And before you can tackle engagement, you have to understand what it’s all about–what it is, what it isn’t, and why it matters.

What It Is

Employee engagement is a critical indicator of how successful a business is– and the sustainability of that success. At its heart, employee engagement is about motivation. You can’t “buy” engagement. In fact, when you require a certain standard of service, studies show that motivation can’t be limited to monetary compensation – watch the interesting video below on what motivates us.

To bolster engagement, foster a sense of meaning to an employee’s work, and allow the employee to craft the job to his/her capabilities, strengths, and likes, as much as possible.

What It Isn’t

Engagement isn’t strictly a company culture issue– it’s also an operational issue. It requires an adjustment in how leaders communicate with employees. Engagement should be addressed as a strategic initiative at the upper levels of management, and a tactical issue at the lower ones–and the CEO has to lead off. How you announce important business objectives, how you measure success, how you show appreciation– everything needs to strengthen your employees’ connection with the organization and their work.

Furthermore, employee engagement isn’t an HR initiative. Although HR is often tasked with spearheading projects to boost engagement, Every person in a management role is responsible for driving engagement, especially the CEO.

Why Employee Engagement Matters

Employee engagement has direct, demonstrable impacts on productivity and performance that translate to financial results. When employees are not engaged, they generally aren’t paying attention to their work, and tend to be apathetic about their jobs.

Conversely, companies with engaged employees are reaping significant financial rewards. The Global Workforce Study found that companies with engaged employees “had operating margins almost three times those of organizations with a largely disengaged workforce.” That point alone makes engagement a strategic issue worthy of executives’ attention.

Admittedly, engagement isn’t easy– and cannot be sustained over time without careful attention to very specific elements in the work environment. But with so much on the line, can companies really afford to ignore it?

From Startup to Small Business: Five HR Must-Haves

Congratulations, you’ve done it! You started with an idea, launched a company, and now your product or service is selling well. It’s time to grow. But as you know, growing a business isn’t simple.

“The media plays up the overnight successes like Instagram,” says Jay Turo, co-founder and CEO of Growthink, “but for the vast majority of entrepreneurs, it is a long, slow, and gradually upward growth process.”

From an HR perspective, in particular, there’s a lot of work to be done, and it’s up to you. I recently connected with Turo and Dan Roitman, Founder and CEO of Stroll – two entrepreneurs who have successfully grown their businesses from scratch–and posed the question: What does it take to grow a company from startup to small business?

Here are five must-haves they identified to take your business to the next level:

  1. A Culture that Supports Your Purpose – You need to decide what kind of culture you want your company to have. That depends, somewhat, on what you want your company to look like down the road. Start with the end in mind. For many entrepreneurs on the cusp of growth, it’s still go-go-go (and likely will be for a while). But stop working for a second and reflect on what aspirations you have for your company. According to Roitman, “Your long-term game plan should be supported by a culture that will take you there.”

    For Stroll, the goal was to be a high-growth company. “We defined what values people need to embrace to make sure our employees are accelerating the business.”

    Values like strategy mindedness, ownership thinking, and being the best have made the company one of the fastest growing in the U.S.–growing an average of 73% per year since 2002 and 135% last year.

  2. A Sustainable Operation – Can your business survive a week without you? How about four weeks a year, as Roitman suggests? For Turo, “The greatest obstacle has been scaling–to go from actually doing the work myself to training and managing others to do so.”

    Of course, it’s hard to loosen the reins. Before you cede control, you need a team you can trust. But if you’re self-funded, getting the best people in the door isn’t easy.

    As a stop-gap, hiring a few temporary contractors can free up some of your time–which you can then spend on finding your rockstars.

    Also, invest time in codifying some standard operating procedures. Even with a small team, a little structure will go a long way. Develop some guidelines for how work should get done to empower your new hires to hit the ground running, and to keep them aligned with your culture and desired work style.

  3. Refined People Process – Once you can afford to take a breath, devote some time to developing people processes. The first step, as Roitman sees it, is developing a great hiring process, “so you can begin cherry-picking your team.”

    Before you hire anyone, decide how you will define success–for your company, your employees, and your managers–and how you’ll measure it. Apply this to how you score candidates and gauge cultural fit. Recruiting inevitably takes longer than you expect, and you’ve got a business to run.

    So whether you hire an in-house recruiter (as Roitman suggests) or contract this out, get someone to help you build your team.

    People processes don’t end with hiring. Open, two-way communication is key as you build your organization. Be transparent. Share your vision, and openly discuss how things are going. Implement a process for tracking employee goals and performance, and meet with your team regularly to give–and receive–feedback. Make sure everyone is set up to succeed at what you hired them to do.

  4. A Network of Support – It’s lonely in the driver’s seat. Establishing a network of mentors and non-competing CEOs is pivotal to your personal development and that of your organization. “Get some accountability. Develop a broad network of entrepreneurs so you can learn from them,” says Roitman. There are endless resources available for honing your leadership skills (for instance, Roitman was a member of the peer advisory group Vistage for seven years). Don’t go it alone.
  5. An Eye Open for Improvement – Don’t get too comfortable just because you have things cranking a bit. Even if you’ve built a sustainable organization, your work is far from done. As Turo points out: “Be prepared to work harder (and enjoy working harder) than you ever have in your life.”

    You’ll make some mistakes (everyone does), which is why process improvement is always iterative. Learn from them, adjust, and consider how you can optimize for success.

    “Every time you walk down the street,” says Roitman, “there’s a lesson to be learned about how you can improve the way you’re doing things.”

This list is nowhere near exhaustive, as both Roitman and Turo can attest. What lessons have you learned in your own journey from startup to small business? What else would you include in a list of must-haves? Leave a comment, and share your insights and anecdotes.

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Contributors

John Fay - Zaeplex John Fay
Zaeplex
Abby Gustafson - Dresser & Associates Abby Gustafson
Dresser & Associates
Kyle Lagunas - Software Advice Kyle Lagunas
Software Advice
CAASPRE Consulting Paul Marrero
President
CAASPRE Consulting
McMillian and Associates David McMillian
McMillian & Associates, Inc.
CAASPRE Consulting Ed Reiter
CAASPRE Consulting
Kathleen Weiss, Senior Professnional in Human Resources Kathleen Weiss
SWK Technologies, Inc.