Welcome To: 360 Feedback The P&L for Human Capital Quantum Services Inc. 1 Tic Tac Toe Introductions Name, Years in Current Position Play Three Different People 2 Tic Tac Toe Company Vision Mission Values Principles Goals Strategies 3 Capital Purchase Capital = Costs of machine Expense = Lease, Maintenance, Operations. 4 Feedback 5 Critical Business Indicators 6 Human Capital Capital = Costs to Hire Expense = Persons salary x expected years of service. 7 People Purchase What Happens? 8 Feedback CBI People 9 Feedback Survey Today’s Date ___________ Last Time I received Feedback for Improvement was? Date _______. 10 Why 360? CBI People 11 Why 360? Capital Human Capital 12 Why 360? Capital Human Capital 13 Performance Model Performers Resources Expectations Consequences Knowledge Feedback 14 Performance Model Performers Resources Expectations Consequences Knowledge Feedback 15 Human ROI Defined Responsibilities – My Retirement Objectives – Obtain 10k in bank this year. Indicators – Measures 401k Behaviors – Act Cheap 16 360’s Measure... Behavior’s Value Driven Principle Driven 360 17 360 Defined 18 360 Defined 19 360 Defined 20 360 Defined 21 360 Defined 22 Organizational Map CBI Time Quality Costs Good Bad Ugly Set Annual Annually Un¼ Review No Review controlled Linked to Linked to Un-linked Org One Part Behavior Automated Paper UnBudgeted Hidden supported 23 Competency Behaviors Expectations Good Bad Validated Educated Guess Consequences Target Perfect Resources Available 20/80 Shotgun 80/20 Ugly Stolen Not Linked Knee Jerked 24 Competency Model Tic-Tac-Toe 1. Review Organizational Map. 2. Name two Competencies that will help achieve a Goal. 3. Define two behaviors for each Competency. 4. Validate the desired target (1 to 5) 1. Assume behavior is below target 5. Identify ways to improve your Gap 25 Process Feedback Good Bad Ugly Communicate Situation, Action Result 360 Results Situation 180 Boss Source Improvement Alternative Actions Numbers Not Done Only 26 Barriers Organizational Cultural Change, Program of the month, Not tied Individual Trust, Confidential, Fear, Technology, Don’ know how to give feedback, Time, Can’t do 30 to 40 surveys Yours? 27 Tips & Tricks. Switch Mindset by comparing to Capital Purchase Automate Ask… Does Human Behavior Impact my CBI… If yes how do I measure it? Handouts 28 Summary “Feedback done by a select few is yesterday’s paradigm. In the new paradigm, Feedback becomes the job expectations of everyone.” Fred Brown 29
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