Cascading SMART goals |
Align individual goals with department objectives and organization strategy to ensure that employee activity and progress translates into organizational results. |
Development planning |
Identify competency gaps, issues, and opportunities before they happen and proactively create and deploy development plans to address them. |
Competency management (360-degree, 180-degree, and self assessments |
Increase impact and effectiveness of competency assessments with automated assessment processes, a competency assessment writing assistant, and scheduled email reminders. |
Performance reviews |
More comprehensive view of employee performance alongside increased communication, accountability, and productivity. Consistent feedback leads to better alignment and higher retention. |
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Cornerstone Performance is a complete employee performance management (EPM) system to support appraisal, assessment, and alignment activities across any organization. Critical features include:
Performance Reviews |
Goal Management |
Competency Management |
Development Planning |
Cornerstone automates the annual and interim review process, integrating performance reviews with employee goals and competency assessment scores, as well as providing managers with the ability to enter in other criteria and comments.
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Automate distribution of forms based on hire dates, fiscal calendar, etc.
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Managers can conduct annual and interim performance reviews of subordinates |
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Workflows are highly configurable (Self-Manager, Self-Manager-Self, etc.) |
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Appraisals can draw in multiple elements from the Cornerstone Performance platform, including goals and competencies |
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Ensure timely completion through automated reminders and graphical reporting |
Cornerstone Performance includes a sophisticated goal management tool that allows you to align organizational goals and everyday employee activities for higher achievement of business objectives. With Cornerstone, you can create cascading SMART goals that include multiple targets and initiatives. With visual overviews of goal progress and statuses, users can easily track their progress and identify areas where they are behind.
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Monitor individual performance relative to goals
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Track quantitative-based (KPI) or qualitative goals |
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Include target, stretch, and threshold values |
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Utilize a balanced scorecard methodology to view the organization's performance from multiple perspectives |
Cornerstone Performance allows clients to easily identify competency and skill gaps within your organization through 360°, 180°, self-assessments and custom-built competency models. The application allows for the creation and management of single- or multi-level competency models, based on any number of categorized items, behaviors, and associated developmental activities.
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Take advantage of integrated leading competency content libraries from Lominger Limited for immediate, off-the-shelf access
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Automatically generate individual development plans (IDP) on the basis of competency assessments |
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Dynamically recommend training experiences to close identified skill gaps or to bolster strengths |
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Additional features include a configurable writing assistant and language filters |
A core feature of the Cornerstone Performance module is the development plan which allows managers to work with individual employees to develop personalized career development plans. Through this collaboration, employees structure development paths from all types of training available through Cornerstone.
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Develop high-performing employees for future job growth
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Track progress of planned, free-form, on-the-job, and external training |
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Plans can be directly tied to the competency assessment process, allowing managers to link corporate goals into personal learning plans |
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Administrators can create development plan templates for organizational units (such as business lines, job positions or locations) as well as individuals. These templates can be used to rapidly administer standard training plans which can then be individualized by managers and subordinates. |
Cornerstone Performance is built on open architecture, allowing you to leverage existing IT infrastructure and investments at minimal up-front cost. The system typically integrates with existing HRIS systems within days, and deploys enterprise-wide within weeks. Because Cornerstone is intuitive and easy-to-use and you can configure the system to match your current processes, user adoption occurs rapidly without intensive training.
With Cornerstone Performance, every employee development plan, every employee goal and each business unit's objectives serve the corporate strategic position to drive performance and revenue.
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