15Five, the strategic performance management platform that drives action and impact, has officially announced the launch of a major platform evolution, which is designed to transform the way HR teams view employee performance, engagement, and retention data. Not just that, the update will also offer guidance on implementing strategic action plans, and track measurable impact. Talk about what this development brings forth in terms of specific features, we begin from its promise to provide trending insights and data visualizations. This includes automatically generating, through existing people data, historical trend lines for employee performance, engagement, and retention. By doing so, the platform can create a shared understanding across the entire organization so to clarify what’s working and what’s not. Next up, we must get into the presence of demographic and performance filters that are meant to hand HR teams the power to analyze the variations in HR outcomes across demographic attributes, such as age, gender, and department. 15Five’s platform is now also poised to consider performance designations and engagement levels. Furthermore, these filters make a point to provide deeper insights into specific groups, thus enabling more targeted and effective HR strategies. Joining the same are new executive dashboards that can be customized to create real-time views of performance, engagement, and retention metrics, alongside the biggest opportunities for action. Preaching a streamlined flow of things, these dashboards go a long way in regards to helping HR leaders align their leadership teams around swift, impactful decisions tied to key business goals.
“When performance reviews and engagement surveys don’t result in visible actions, employees lose trust and the c-suite loses faith in HR,” said Stacey Harris, Chief Research Officer and Managing Partner of Sapient Insights Group. “HR teams need tools that can convert the mountain of data collected by such initiatives into actionable insights. Additionally, such tools should make it easy for HR to track the impact of actions taken and hold managers accountable. 15Five’s newest updates are a good example of how AI-powered tools can be put to practical use and ensure HR is prioritizing executive-level insights.”
Hold on, we still have a few bits left to unpack, as we still haven’t discussed how the development in question will allow for you to achieve centralized strategic action planning. You see, once HR leaders commit to a recommended course of action, they can leverage the platform to organize their team’s efforts into coordinated campaigns aimed at specific HR outcomes. On top of that, they can assign specific strategic actions to relevant managers, including tailored 1-on-1 talking points or on-demand manager training aimed at specific skill gaps. In case that didn’t sound like much, after the assigning of actions is duly completed, HR teams can also track progress, hold people accountable, and measure impact. Building upon that, 15Five’s latest brainchild is well-equipped to report on progress and impact. Here, you basically get enhanced reporting tools that show detailed changes in how HR programs are performing. With the ability to track the impact of their actions over time, HR leaders can seamlessly validate strategies and make necessary adjustments to drive continuous improvement.
“15Five has transformed the way we harness our people data, making it simpler and more strategic without adding to our workload,” said David Pearson, Senior Vice President, People and Culture at ExtensisHR and an early adopter of 15Five’s latest platform evolution. “By focusing on the essential signals within our data, we’ve moved from mere insights to decisive, accountable actions and our management team is now equipped to implement initiatives that show measurable success. Data analytics should tell the story that HR may have been challenged to tell in the past.”
