Organizational Company Physical
Every successful business has process excellence as one of their objectives. Companies audit their financials every year and should also audit their critical business processes from the perspective of best practices and performance. Group50®‘s Company Physical® consists of process assessments that provide insights to the performance of key cross-functional processes.
Each one is based on best practices that we have learned from our professional careers and from the many clients we have worked with. In each assessment, we will review the quality of the process, the skill levels of the employees in that process, the effectiveness of the process steps and the focus of the process on supporting corporate objectives and effective performance measurement. The assessment report will include a gap analysis and a series of short, medium and long term recommendations for significantly improving organizational processes and performance.
Group50® has developed the following organizational assessments:
|Organization Assessment, Design and Development|
|Performance Management||A multi-part assessment that looks at how the company manages the performance of employees, contractors and temps with a focus on cultural and performance objectives, accountability, organizational development and relationship to corporate strategies.|
|Organization Design, Structure and Development||A holistic review of the company’s Organizational Design, Structure and Development plans and programs as they relate to the company’s strategic objectives and operational performance. Our report compares your results with global best practices and creates a plan to deliver the required strategic and performance results.|
|Employee Practices, Policies, Procedures||This assessment focuses on the employee practices, policies and procedures that are the foundation of the operation and culture of any company. The Assessment will inspect, review and analyse the key HR systems and then compare them to what is considered best practices within the company’s industry and size. Any identified gaps will highlight areas for in-depth assessment and improvement plans.|
|Cultural Assessment||This assessment provides a detailed view of an organization’s culture: what is working and what isn’t working. The report will provide a gap analysis against a backdrop of world class companies and a set of short, medium and long term recommendations.|
|Compensation and Benefits Practices||This Assessment focuses on ensuring the company’s compensation and benefits programs are in legal compliance, delivering an appropriate ROI and are delivering best value for employees at all levels. We will assess current systems, check to ensure legal and diversity compliance, gauge whether your HRIS and online systems are delivering as designed, and determine if the compensation and benefits programs are a good value for the Company and its employees.|
|Integrated Talent Management Review||This assessment focuses on the systems and practices that deliver and develop employees in your organization: Workforce Planning, Recruiting and Hiring, Training, Comp/Benefits, Succession/Career Planning and Performance Management. These are your Talent Management systems. During this assessment, we will review your current systems and practices, compare them to best in class, and determine which area has the most important gap for you to focus.|
|Human Resources Information Systems (HRIS) Assessment and Selection||A human resource information system (HRIS) provides a single, centralized view of the data that human resource leadership requires for completing human resource (HR) processes; recruiting, applicant-tracking, payroll, time and attendance, performance appraisals, benefits administration, employee self-service and perhaps even accounting functions. This is an expensive and complex decision. Group50 will assist your company in defining the wants and needs of your organization and preparing to select the optimal software/vendor. (Note: Implementation and transition to the new systems are so complex they require a separate project.)|
|Change Management Assessment||The Change Management Assessment provides a methodology for assessing, analyzing and diagnosing your Company’s change readiness. We compare these findings with both “best in class” organizations and to your leadership’s expectations. Group50 will then create a final report that allows your company to focus on change management practices that will provide the highest level of change readiness and ROI.|
|360° Surveys||Group50’s 360° evaluation tool provides participants a global view of their performance from any level in the organization with a focus on leadership and strategic execution. Our review process utilizes 60 – 80 proven statements and questions in multiple categories regarding individual and leadership performance for those employees who have direct reports or provide direction to others in the organization|
|Employee Surveys||Employee surveys are an important part of understanding the needs of an organization and planning for the future with a focus on effectively implementing a company’s strategies. Group50’s employee survey provides senior leadership with a broad perspective of employee attitudes, desires, needs and how those align with the management team’s views. Our survey is designed to identify gaps in the way the company leads, directs, motivates, develops and manages its employees. Each survey is customized to the needs of the business and the key issues management wants more information on.|
Utilizing Group50’s Organizational Company Physical, a company can understand where the strategic and operational gaps are in their organizational policies and procedures. We will provide a series of recommendations on how to align the organization to the overall strategic objectives of the company. For each assessment, we have a workshops that are designed to engage senior leadership in developing a plan to address the assessment gaps and implement global best practices.
You can find our more about our Operational Company Physicals here.