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Archive for August, 2010

Think about why and how you use (or would use) a talent management system. Just to keep track of employee performance and compensation data? Consider the knowledge that data would provide if you connected it with your organization’s goals and initiatives. That’s what strategic alignment is all about – identifying the destination, the path, and the people to increase your chances of success. A strategic performance management system helps you stay on course, but when there are too many bells and whistles in the system it becomes bloated and unruly. Simplify!

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Have you ever paid more for something because of all the cool features, only later to realize that you will never use all the bling? The previous cell phone, camera, and computer that I purchased all come to mind. In all cases, the next time I got smart and paid less for less – and I am a much happier user for it.

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About a year ago Netflix posted an internal presentation that outlines their company policy of maintaining relatively few policies. Their point: value statements are all well and good, but when they’re just words on the page they guarantee nothing. What really drives success, growth, and innovation is identifying values, consistently applying and acting on them, and empowering and expecting your employees to do the same. Essentially, Netflix puts their money where their mouth is.

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