NEWS
Free assessment tool for HR
StepStone Solutions launches industry’s first online Performance Management Assessment tool

19 Feb 2010 Kuala Lumpur | StepStone Solutions, a leading global provider of talent management solutions, has made available a free online assessment tool that can assist businesses to quickly evaluate the effectiveness of their Performance Management processes. The new tool is available in US and UK English initially and will be available shortly in a range of other languages.

Companies taking the assessment will receive a personalised scorecard of key talent performance indicators, such as leadership effectiveness and individual goal tracking, to help evaluate where their organisation stands against overall performance management goals. A detailed supporting report is also included to help companies put their results into action.

The new tool builds on the success of StepStone’s Talent Strategy Assessment tool, which has been used by more than 1,000 companies worldwide since its launch in mid-2009.

“Research proves that an efficient performance management process can directly improve the bottom line,” said Matthew Parker, Group MD of StepStone Solutions. “But it isn’t always easy to say what area of the business you should focus on to see the biggest impact and what factors you should use to demonstrate and measure its effectiveness. The Performance Management Assessment tool gives HR professionals an unbiased review of those areas and creates goals to improve the performance evaluation process.”

The personalised scorecard features six key indicators, including strategic business alignment, individual goals, company engagement, retention/turnover, leadership effectiveness, and growth/profitability, to help companies identify areas to monitor, evaluate and improve to further impact the bottom line. The Performance Management Assessment tool is part of an extensive and growing library of research tools available from StepStone. For more on this tool, visit www.stepstonesolutions.com/impact-tools/

StepStone Solutions delivers world class technology and services for finding, recruiting, retaining, managing and developing talented people and a complete suite of Human Capital Management software solutions. StepStone’s on-demand (SaaS) software and services enable organisations to implement efficient processes, including; attraction and hiring, post-hire talent management, performance management, compensation management, skills and competency management, career and succession planning, training and development management.
StepStone is a wholly-owned subsidiary of Germany-based publishing and media company Axel Springer AG. At the end of December 2009 more than 1,400 organisations, including many of the world’s leading businesses, use StepStone software and services. It operates in 17 countries and employs around 800 people. Its global customers include Aviva, Deloitte, Deutsche Telekom, Lufthansa, McDonald’s, Puma, ThyssenKrupp and Volkswagen.

Source :Stepstone