Understanding your company review process

Your company determines the review process to use to meet its business goals. A review process can be anything from an annual performance appraisal to an all-encompassing performance management policy that includes development, compensation, and succession plans.

No matter what process your company uses, all review processes have a lifecycle. A lifecycle is the sum of all the phases that make up your company’s review process from start to finish. Typically, one phase flows into another until the process is complete. For example, a general lifecycle might include four main phases that flow as follows:

◾1 : The initial Planning Phase at the beginning of the fiscal year that allows a manager and employee to determine what content to include in the performance appraisal form.

◾2 : Followed in a few months by a Progress Check Phase where the manager and the employee meet to touch-base on their progress to date.

◾3 : Followed in another few months by the Assessment Phase, in which the manager and employee use the appraisal form to evaluate the employee based on the exhibited accomplishments of the year.

◾ 4 : Followed by the final Analysis Phase, in which the manager determines the reward and compensation based on data gathered during the Assessment Phase.

How SuccessFactors fits into your company review process

SuccessFactors is designed to work with your company's review process, with the review process as the focal point and SuccessFactors as the tool that facilitates the implementation. SuccessFactors supports and automates review logistics, such as routing, workflow, permissions, roles, and data security. However, SuccessFactors doesn't prescribe a review process; only your company can do that.

Because your SuccessFactors system reflects your company's review process, the activities