SuccessFactors Business Execution Software 2 SuccessFactors Inhalt Business Execution Software The Challenge In times of global recession when falling sales, budget cuts and redundancies are high on the agenda, it is particularly important for organisations to concentrate on their core competencies and the optimisation of internal corporate structures. The fraught economic situation demands not just flexibility and the development of new strategies geared to the current market, but also the rapid and precise execution of the strategies defined. Your people form a key success factor in this execution. Your people also account for a significant proportion of your operating costs – up to 70 %. In view of this enormous investment, it is clearly of great interest to any organisation to ensure that personnel-related processes in particular are implemented to run smoothly and efficiently so that every employee can perform their duties effectively and achieve their targets. To remain competitive, consistent focus on every employee is essential: Align every employee to the business objectives Increase employee productivity and accountability Identify leaders and cultivate their ongoing performance improvement through appropriate compensation Encourage and develop employee potential Optimise staffing by deploying the right people in the right roles to benefit from their full potential Secure timely succession in management and specialist positions The Solution Combining business alignment and people performance, SuccessFactors‘ Business Execution Software supports your organisation in achieving the best possible results through aligning, and by enabling optimal performance. SuccessFactors Business Execution Software is the premier solution for motivating your people to do the right things at the right time in order to achieve the right results every day. SUCCESS = Strategy + Execution SuccessFactors Business Execution Software Close the gap between strategy and execution In practice, flawless execution is not easy. Synchronising hundreds or thousands of employees, achieve the best results, requires superb orchestration and should start right at the top of the organisation. Our proven solutions, recommended by analysts, are designed to support execution, from senior executives through to individual employees. Combining business alignment and people performance capabilities, our software helps you fit your organisation to your strategy and by putting the right people in the right place, equips your organisation to succeed, every day. Because the difference is in Execution. This solution provides HR managers and executives with a transparent, accountable and results-oriented solution for optimising a company’s internal performance potential and for closing the gap between strategy and execution. SuccessFactors Business Execution Software creates transparency related to people potential and performance and enables direct and measurable comparisons of this HR parameter; simply, reliably and in real-time. With this tool, senior managers can view at any time and correct if necessary, the progress towards goals and competency levels right across the organisation. Employees can be confident that their operational readiness and commitment to the organisation will not go unnoticed and that their performance will be appropriately rewarded. SuccessFactors Business Execution Software can be used to control and handle the entire people development process of employees to build a workforce that is aligned to the business objectives. Through personal input, such as encouragement and motivation, managers can improve employee accountability and actively and sustainably improve their drive. Your people receive clear direction and develop awareness of their areas of accountability and responsibility. This is a critical success factor in achieving the best possible results and closing the gap between strategy and execution. SuccessFactors Business Execution Software helps you achieve demonstrably better results. Experience shows that a 2 – 3 % increase in sales can realistically be expected as a result of optimising employee potential and the associated improvement in productivity. 3 4 SuccessFactors Inhalt Business Execution Software An overview of the individual software modules SuccessFactors Business Execution Software comprises 14 fully integrated modules: Goal Management Analytics & Reporting 360-Degree Reviews Succession Management Performance Management Compensation Management Employee Profile Stack Ranker Execution Survey Metrics Navigator Business Performance Accelerators Recruiting Management Employee Central Learning & Development They are so user-friendly and quick to implement that even complex requirements can very rapidly be turned into productive results. The holistic approach of our on-demand solutions is geared to the most important business initiative: Closing the gap between strategy and execution Since the application is both scalable and modular, it can be implemented in stages and according to customer need. The solution also provides the highest possible security standards for securing and controlling access of mission-critical data. Module: Goal Management Real success is the result of precise execution Your organisation has a vision of success. To make it reality, you need to continuously rely on the efforts of each employee every day. How can you convey to everyone your business direction and goals and at the same make them understand the part they need to play every day in making your vision of success the reality? What if you suddenly have to change course? How can you align your organisation to your new goals? SuccessFactors’ Goal Management software boosts your business success by concentrating your entire workforce your disparate goals – even if your strategy takes a new direction. If all your people are working towards the same goal, your organisation can develop faster and flourish and you can change direction whenever you need to. SuccessFactors Business Execution Software The benefits of Goal Management at a glance: C learly defined and recognisable responsibilities related to a concrete and measurable goal Improved employee commitment results from goal-directed perspectives M ore open communication with managers, employees and colleagues O ptimised structuring of line managers’ responsibilities Improved efficiency by concentrating your people on achieving the key goals Module: Analytics & Reporting Turning raw data into meaningful information The Analytics & Reporting tool extracts data captured from the individual application modules and provides comprehensive insight into the performance of the organisation as a whole. A high-level differentiated analysis of a wide variety of data gives you the information you need on progress towards goals, performance reviews, competency levels, adherence to the compensation budget or the number of potential successors to key positions. Analytics & Reporting provides very useful analysis and assessment at both macro and micro level of the organisation’s progress and processes. The benefits of Analytics & Reporting at a glance: Better decision-making tools C omprehensive overview of all organisational areas and employees Easy identification of trends Transparency across the entire organisation 5 6 SuccessFactors Inhalt Business Execution Software Module: Performance Management Active performance reviews in the organisation Performance Management modernises and streamlines the entire performance review process for every employee in your organisation. Workflow and approval processes can be tailored to each customer’s needs, ensuring that employee reviews are performed uniformly and objectively against mission-critical criteria. A structured review process allows meaningful performance reviews to be prepared for each individual employee. This process is very quick to implement and saves both time and money, transforming the customary standard review process into a dynamic cycle of feedback between executives, managers and employees. A comprehensive and objective performance review motivates employees, resulting in better overall business performance. Performance Management greatly eases HR management. All the necessary information is available at the click of a button. Enabling your people to see their performance reviews encourages them to take on more responsibility for their actions and continually improve. Moreover, ongoing analyses allow new strategies to be developed to optimise the performance of the organisation as a whole. The benefits of Performance Management at a glance: Employees are easily located P erformance review process tailored to the needs of your organisation O ptimised reviews result in improved people performance Integration of traceable audit documents B asis for creation of a pay-for-performance culture SuccessFactors Business Execution Software Module: Compensation Management Drive success with pay-for-performance Many managers today regard a pay-for-performance culture as the key tool to achieve exceptional results in their organisation. However, the integration of true pay-for-performance is easier said than done. SuccessFactors allows you to quickly and easily implement comprehensive pay-for-performance. By rewarding good performance you can retain your top talent and significantly improve your organisation’s performance. The tool provides you with insight into individual employees which simplifies the definition of pay-for-performance. The benefits of Compensation Management at a glance: A performance-driven corporate culture fosters staff loyalty O bjective data for your compensation strategy O ptimise your budget with “what if“ analysis S eamless workflows eliminate sources of error T argeted motivation, encouragement and reward for top talent Module: Execution Survey Know what is important and act accordingly Studies show that committed employees can be three times as productive as those who are not. Commitment also results in people staying in the company longer, reducing recruitment and training costs. And a motivated and committed workforce ultimately leads to a better ROE (Return On Execution) and with it greater overall success for your organisation. Great expertise and creativity is needed to create and manage a staff survey which can then be translated into practical recommendations. By providing you with progressive statistical analyses SuccessFactors Execution Survey allows you to concentrate on those areas that most significantly influence employee commitment and results. The benefits of Execution Survey at a glance: Comprehensive insight into the organisation as a whole Focus on the main issues “Listen and learn” to improve commitment Basis for continuous improvement 7 8 SuccessFactors Inhalt Business Execution Software Module: Metrics Navigator Visual comparison of employees in a team SuccessFactors Metrics Navigator offers executives and managers dynamic and holistic insight into your organisation’s key figures. Metrics Navigator helps you convert data clutter into key metrics for your organisation’s health, and display them via a dynamic dashboard. The benefits of Metrics Navigator at a glance: Access essential data any time No more hunting across disparate systems – with immediate visibility of key figures, executives can take informed decisions. Probe deeper and learn more Unlike ordinary dashboards that present static information, Metrics Navigator offers a dynamic user interface giving you insight into a wide variety of metrics and helping to identify underlying causes. Build accountability If executives have direct access to mission-critical data, you can better encourage a culture of accountability. Your entire organisation then understands that key indicators form an integral part of daily business, and will pay attention to them. Module: Employee Central Uniform employee information for better co-operation Have you ever tried to obtain up-todate information on an employee and had to call several departments to get all the data ? For most organisations, the management of employee data is a weakness, as performance and HR data are often stored in different systems. This makes it almost impossible to quickly pull together full and up-to-date information on an employee. With SuccessFactors Employee Central all employee data can be stored in one system. This centralised system enables the best people to be assigned to defined projects, at any time and irrespective of location. SuccessFactors Business Execution Software The benefits of Employee Central at a glance: A centralised employee information hub Employee-maintained profiles enrich data even further A complete view facilitates strategic decisions Automated processes improve efficiency Meet compliance requirements with a single system Module: 360° Reviews Performance reviews in your organisation are more objective The 360° Reviews module allows the generation of even more balanced and objective performance reviews. Feedback from different sources, such as the employee’s self-assessment, their rating by their colleagues and external feedback is fed into the evaluation of an employee’s performance and skills. The employee’s strengths, or competence shortfalls, are immediately clear so that support, reward or personal improvement can immediately be implemented. Comprehensive assessments in a matrix management arena can also be achieved via 360° Reviews. The benefits of 360° Reviews at a glance: Integrated with SuccessFactors Performance Management A utomatic transfer of goals and competencies directly from the employee’s objectives or job-related competencies C reation of targeted development plans D etailed reporting and formulation assistance C onfigurable workflow and Outlook integration 9 10 SuccessFactors Inhalt Business Execution Software Module: Succession Management The right people in the right place An organisation’s success depends on having the right people in the right positions and should a key player leave the company, you must be able to respond quickly. Succession Management helps organisations build and manage their talent pool, perform scenario modelling, assess the potential of junior staff and assemble targeted career and development planning for every employee. You can use this tool to identify in good time qualified potential successors across the organisation in order to guarantee the continuity of the team. An automated, dynamic process ensures that the development and availability of talented people is supported in line with long-term business strategy needs. The benefits of Succession Management at a glance: Ongoing insight into the talent pool Better assessment basis for top talent Opportunities to identify and groom the organisation’s best talent at an early stage Find the best candidate at the right time, every time SuccessFactors Business Execution Software Module: Employee Profile Cultivate co-operation and knowledge transfer Employee Profile enables you to establish a dynamic corporate social network. Employees can use a range of social media tools to create their own profile, use the platform to voice their opinion on organisational issues and paint a picture of themselves for the whole organisation. The entire workforce can call up this profile, which reinforces employee bonds while at the same time giving executives important pointers to be taken into account in the formulation of new processes and strategies. The tool also lends itself to active employee career planning within the organisation, providing ongoing and dynamic development and performance recording. The benefits of Employee Profile at a glance: Recording of employee performance and profile data Data is held in one central repository Building of an internal corporate social network Improved co-operation and information sharing 11 12 SuccessFactors Inhalt Business Execution Software Module: Stack Ranker Visual comparison of employees in a team Obtaining a precise evaluation of a team’s talent is always a challenge. When important decisions are to be taken, you need up-to-date information immediately to hand. Annual performance reviews provide important information on your employees’ performance, but not direct comparison with other team members. With SuccessFactors Stack Ranker you can easily rank your team based on a number of detailed criteria and display the results visually. The benefits of Stack Ranker at a glance: Simple comparison of individual team members Clear visual presentation Use a wide variety of criteria Respond faster to changes Simultaneous evaluation of key competencies and criteria across the whole team Module: Business Performance Accelerators Remove barriers to implementation Achieving corporate goals depends on countless daily interactions between employees, managers and the broader organisation. Every interaction presents an opportunity, either to move toward the goal or potentially to identify a problem that could impact overall business performance. SuccessFactors Business Performance Accelerators helps to overcome barriers to implementation. Effective interaction with your employees at all times can positively impact and actively drive your business performance. The benefits of Business Performance Accelerators at a glance: N ew employees more quickly become productive E ffective process when employees leave your organisation Facilitates immediate corrective measures H elps build fair and performancedriven teams SuccessFactors Business Execution Software Module: Recruiting Management You’re more successful with the right people Attracting the best people to your organisation has always been an expensive proposition – but replacing the wrong person in a job costs much more. So how can you avoid wasting time and money recruiting people who simply don’t fit into your organisation? SuccessFactors Recruiting Management assists you with a strategically-directed search for candidates. This efficient tool and its related functionalities enable you to quickly and precisely define the knowledge and skills that candidates require. In conjunction with the rest of our Business Execution Software you can begin by defining those qualities an employee must possess to succeed in your organisation. On the basis of this knowledge you can then search for and select the right candidates in the job market. The benefits of Recruiting Management at a glance: Optimised and targeted recruiting Increased hiring efficiency Simplified processes Precise job advertisements Module: Learning and Development Concrete employee development The best employees are always looking to the next step in their career and considering how best to improve their skills. Your challenge is to identify future leaders in your organisation, to expedite their development, and to maximise their value to your organisation. Learning and Development makes it easier for managers and employees to create dynamic, focused and effective career development plans that can be continuously monitored and adapted. This enables employees to improve the skills they need for their current job and to acquire qualifications and skills for the next step in their career. The benefits of Learning and Development at a glance: C loser co-operation between managers and employees Improved employee performance and accountability Inclusion of training measures in performance reviews B etter targeted measures result in lower training costs 13 14 SuccessFactors Inhalt Business Execution Software Why SuccessFactors ? As the global market leader in on-demand Business Execution Software, SuccessFactors helps organisations manage, develop, motivate and reward their employees more efficiently. SuccessFactors Business Execution Software is a solution that helps optimise business alignment and people performance, and consequently helps improve overall performance. The benefits at a glance: L ess effort SuccessFactors will maintain the software infrastructure and guarantees regular automatic updates. No time-consuming and costly IT work. Comprehensive Business Execution solution With 14 different business alignment and people performance modules, SuccessFactors offers a complete solution to meet all your employee management needs. With support from our experts, your internal corporate processes can be implemented quickly and with no development effort. Maximise profits Hassle-free integration into existing HRM systems ensures that a comprehensive operational solution is quickly in place, with a positive impact on your business performance. Integrated best practice New metrics and reporting standards for Human Capital Management (HCM) processes are built-in. Global application The software is available in 31 languages. M aximum security High-level security for your data. U ser-friendly Intuitive user interface ensures user acceptance. SuccessFactors: your first choice 3,000 satisfied customers in many sectors, with over 5 million users worldwide Largest number of customer references in the industry Highest contract extension rate in the industry (98 %) Supports best practice for talent management right across your organisation First-class support from a committed and professional customer services team Customer satisfaction is one of our top priorities Acknowledged by industry analysts as an exceptionally customer-focused company Dedicated application for fast, successful implementation and execution Strong network of highly capable partners SuccessFactors Business Execution Software Keeping our finger on the pulse with market research – benefit from our expertise drawn from thousands of customer projects Here at SuccessFactors, we use the insights gained from our experience with more than 3,000 customers and over 5 million users in 185 countries, communicating in some 31 languages, to help companies grow. SuccessFactors’ global market research department continuously compiles and analyses data from our users to increase our knowledge and understanding of business execution processes. These results are made available free of charge via our market research initiatives and mentor network. SuccessFactors works with world-class organisations around the globe. Our customers can draw on our accumulated experience to maximise the benefit from their investment in our solutions. Our network is the largest partner system in the industry. Would you like to learn more about how to maximise your success with SuccessFactors? Then visit our website: www.successfactors.co.uk where you’ll find useful and interesting studies on current issues. More studies are available at: www.successfactors.com/research/current-initiatives We look forward to being able to support you with our expertise. 15 SuccessFactors Thames Court, 1 Victoria Street, Windsor, Berkshire, SL4 1YB, UK www.successfactors.co.uk T: +44 (0) 1753 752 370 F: +44 (0) 1753 626 813 EMEA Headquarters, Nordic and Benelux Region SuccessFactors Denmark ApS Koebmagergade 45 1st floor 1150 Copenhagen K Denmark Phone: +45 33 349 349 Fax: +45 33 349 348 SuccessFactors, Inc. – All rights reserved. – www.successfactors.com