HRM107 Lecture Notes - Lecture 8: Spotify, Netflix
3 Oct 2018
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Spotify: spotify fundamentally believes that performance and development go hand in hand, their performance and development approach is loose and contains very few mandatory elements. It is all held together by tools and training programs for both managers and employees. Hire, reward, and tolerate only fully formed adults: 2. Managers own the job of creating great teams: 4. Leaders own the job of creating the company culture: 5. Good talent managers think like business people and innovators first, and like. Defining performance management: process to ensure congruence with orgs goals. The performance management cycle: performance criteria, competencies, behaviours, results/goals. Informal feedback: formal assessment rating, diagnosis & formal. Strategically aligned performance management: dynamic environment vision/strategic business plan/key stakeholders dynamic environment. Hr strategy hr plans and policies performance management strategies and processes. Establishing performance standards: relevant to job, relate to both quality and quantity of output, able to identify individual contributions, quantifiable and measurable.
