HCM 2.0

HCM 2.0
Human Capital Management Software on Cloud
© BAAP Technologies Corporation, USA 2005-2015
Talent Management Process
• The main objective should be to
align the employee’s work and
effort with the large business
objectives and strategies
• Evaluate the performance of
each employee accomplishing
those objectives
• Evaluating, developing and
retaining talent are paramount
to the success of any company
• Legendary management guru
Jack Welch spent about 50% of
the time in growing the talent
pool
© BAAP Technologies Corporation, USA 2005-2015
Performance Management Process
• Are the employee goals clearly defined?
• How is the performance management
process established?
• Is it simple and easy to use process?
© BAAP Technologies Corporation, USA 2005-2015
Performance Management Process
• Should be simple and goal oriented
• Should add value to the process
• Should take 10-15 min for the manager
and the employee
• Should excite both the managers and the
HR
• Should make the managers accountable
© BAAP Technologies Corporation, USA 2005-2015
Performance Objectives
• Specific – The objectives should be clearly
defined and pragmatic (e.g., reduce the
bugs by 30% in Q1). Should not be too
easy and nor too hard to accomplish
• Important – The objectives should be
important for the company and align with
the overall business objectives and
strategies
• Measurable – Unless the objectives are
measured, they can’t be improved
© BAAP Technologies Corporation, USA 2005-2015
HCM 2.0
• Human Capital Management software
from BAAP Technologies is a social,
collaborative, talent oriented and delivers
ultimate employee experience.
• HCM provides employees with clearly
defined and consistently communicated
performance expectations
• Co-workers and managers are collectively
responsible for rating, rewarding and
holding the employees accountable for
achieving specific business goals, creating
innovation and supporting continuous
improvements
© BAAP Technologies Corporation, USA 2005-2015
HCM 2.0 helps in
• Setting up goals that motivate people
• Coming up with clear and specific goals
• Limit the number to 3-5 important goals
• Measuring those goals quickly using real
time performance status feed
• Summing up the results using weighted
average based on the relative importance
of each task/project and work
© BAAP Technologies Corporation, USA 2005-2015
Project Status Feed
• Real time status feed helps in employee
collaboration and interaction constantly
• Helps in understanding the status of the
tasks completed or pending
• Eventually helps in aligning the effort with
the overall vision and the strategy of the
company
• Monitor the performance of employees
through rating and constructive
comments
© BAAP Technologies Corporation, USA 2005-2015
Objectives & Key Results
• Enables managers to set the short-term
objectives and long-term goals in a simple
and easy-to-use social media format form
• Helps in continuously monitoring,
providing feedback and measure the
results to make sure the business
objectives are aligned and fulfilled
© BAAP Technologies Corporation, USA 2005-2015
Performance Rating
• HCM calculates the performance rating
for individual employees from various
ratings given by others.
• The rating is weighted based on the
different projects and their relative
importance
• Based on the ratings, the employees
performance is measured with high
degree of confidence
• Those who consistently receive high
ratings can be rewarded and retained
© BAAP Technologies Corporation, USA 2005-2015
More About HCM 2.0
• Cloud based software (SaaS) runs on AWS
• Allows social interaction among the
employees and enables them to provide
real time status, comments, rating by the
participants
• Managers can easily set objectives and
monitor the performance of the direct
reports through the real time status feed,
comments and discussion
• Developed by BAAP Technologies
Corporation, Fremont, CA, USA
© BAAP Technologies Corporation, USA 2005-2015
BAAP Technologies Corporation
• Fremont, California based Corporation
• Founded in 2005 in California
• Development Center in India Since 2006
• For demo and price information, please contact BAAP Technologies at
510-565-6345
• email: info@baaptechnologies.com
© BAAP Technologies Corporation, USA 2005-2015
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HCM 2.0

  • 1. HCM 2.0 Human Capital Management Software on Cloud © BAAP Technologies Corporation, USA 2005-2015
  • 2. Talent Management Process • The main objective should be to align the employee’s work and effort with the large business objectives and strategies • Evaluate the performance of each employee accomplishing those objectives • Evaluating, developing and retaining talent are paramount to the success of any company • Legendary management guru Jack Welch spent about 50% of the time in growing the talent pool © BAAP Technologies Corporation, USA 2005-2015
  • 3. Performance Management Process • Are the employee goals clearly defined? • How is the performance management process established? • Is it simple and easy to use process? © BAAP Technologies Corporation, USA 2005-2015
  • 4. Performance Management Process • Should be simple and goal oriented • Should add value to the process • Should take 10-15 min for the manager and the employee • Should excite both the managers and the HR • Should make the managers accountable © BAAP Technologies Corporation, USA 2005-2015
  • 5. Performance Objectives • Specific – The objectives should be clearly defined and pragmatic (e.g., reduce the bugs by 30% in Q1). Should not be too easy and nor too hard to accomplish • Important – The objectives should be important for the company and align with the overall business objectives and strategies • Measurable – Unless the objectives are measured, they can’t be improved © BAAP Technologies Corporation, USA 2005-2015
  • 6. HCM 2.0 • Human Capital Management software from BAAP Technologies is a social, collaborative, talent oriented and delivers ultimate employee experience. • HCM provides employees with clearly defined and consistently communicated performance expectations • Co-workers and managers are collectively responsible for rating, rewarding and holding the employees accountable for achieving specific business goals, creating innovation and supporting continuous improvements © BAAP Technologies Corporation, USA 2005-2015
  • 7. HCM 2.0 helps in • Setting up goals that motivate people • Coming up with clear and specific goals • Limit the number to 3-5 important goals • Measuring those goals quickly using real time performance status feed • Summing up the results using weighted average based on the relative importance of each task/project and work © BAAP Technologies Corporation, USA 2005-2015
  • 8. Project Status Feed • Real time status feed helps in employee collaboration and interaction constantly • Helps in understanding the status of the tasks completed or pending • Eventually helps in aligning the effort with the overall vision and the strategy of the company • Monitor the performance of employees through rating and constructive comments © BAAP Technologies Corporation, USA 2005-2015
  • 9. Objectives & Key Results • Enables managers to set the short-term objectives and long-term goals in a simple and easy-to-use social media format form • Helps in continuously monitoring, providing feedback and measure the results to make sure the business objectives are aligned and fulfilled © BAAP Technologies Corporation, USA 2005-2015
  • 10. Performance Rating • HCM calculates the performance rating for individual employees from various ratings given by others. • The rating is weighted based on the different projects and their relative importance • Based on the ratings, the employees performance is measured with high degree of confidence • Those who consistently receive high ratings can be rewarded and retained © BAAP Technologies Corporation, USA 2005-2015
  • 11. More About HCM 2.0 • Cloud based software (SaaS) runs on AWS • Allows social interaction among the employees and enables them to provide real time status, comments, rating by the participants • Managers can easily set objectives and monitor the performance of the direct reports through the real time status feed, comments and discussion • Developed by BAAP Technologies Corporation, Fremont, CA, USA © BAAP Technologies Corporation, USA 2005-2015
  • 12. BAAP Technologies Corporation • Fremont, California based Corporation • Founded in 2005 in California • Development Center in India Since 2006 • For demo and price information, please contact BAAP Technologies at 510-565-6345 • email: info@baaptechnologies.com © BAAP Technologies Corporation, USA 2005-2015