Affiliates & Management Company - Performance Management | Cornerstone
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“Employees know what goals they’re being measured on.”
Affiliates Management Company transforms their ineffective performance review process.

Why Cornerstone

In the search for a performance management system, AMC sent out an RFP to three companies. According to Dennis, criteria were strict, “We specifically wanted a system geared toward small businesses, one with under 300 employees. We didn’t need anything complex. Because we primarily use development, not disciplinary action, to address underperformance, it was also important that the system have the capability to integrate with learning.”

For AMC, Cornerstone’s performance management solution was the obvious choice. “Cornerstone’s solution had a different look and feel from the beginning,” said Dennis. “We liked that it was very easy to use and that employees could use it with minimal training.” AMC’s first impression proved to be correct, as employee usage was high from the start. “Employees found it easy to use right away. They really took to it.”

During implementation, Cornerstone client care worked one-on-one with AMC. “Our client care rep was amazing. I can’t really say enough about how fabulous she was,” said Dennis. “Making the decision to work with her was one of the best things we did. She knew the system inside and out, and she knew the HR challenges we were facing and how to address them.”

The Results

Created a more strategic, continuous performance management process. Employees and managers are now working together to create more relevant short-term and long-term goals that are aligned with organizational goals. “We weren’t measuring goals before. We just had a ‘one and done’ review process based on their job description,” said Dennis. “Now we have more continuous performance management, and it’s making a difference. Employees know what goals they’re being measured on. People are paying attention to defined behavioral traits needed to be successful in their position.”

Delivered clearer performance feedback to employees. AMC leaders can establish competencies and goals, critical to giving employees clear direction. “With the performance management solution, we can let someone know why they were rated the way they were,” said Dennis. “There are no surprises, and employees have the opportunity to work on their performance with attainable, measurable activities.”

Gained performance visibility. AMC relies on the analytics grid to see across the entire organization, which in turn helps drive succession and strategy decisions. “I really like the helicopter view. Our leaders can see the overall performance of their staff from a talent perspective,” said Dennis. “I like the competencies and how you can click for a tip on an area of improvement. We use that if a manager is having a performance problem. It gives us insight into how to leverage individual and team strengths and provides performance improvement ideas.”

Illuminated the importance of employee roles in relation to organizational success. With Cornerstone, AMC leaders help employees understand the role they play in creating a successful business. This is important for cultivating employee engagement, as well as improving performance over time. “Employees can now see how they connect to the overall success of the organization,” said Dennis. “This helps us achieve our organizational goals more efficiently and ensures our employees are empowered to do their best job.”

240

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Financial & Insurance

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Affiliates Management Company transforms their ineffective performance review process.

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