Originally published: Oct. 7, 2014
Skillrater, a BPI product, was named a Top HR Product of 2014 by Human Resource Executive magazine for its innovative approach to performance management. The award recognized the platform's value and innovation in the HR community.
"Skillrater provides one of the newest and most innovative products we have seen in performance appraisals," said David Shadovitz, the editor of Human Resource Executive. He highlighted its combination of "a strong coaching process and an employee and employer-led anytime 360-degree assessment, with less rating to reduce rater fatigue, the use of positive dialogue...and social threaded discussion to enable employees and all stakeholders help each other get better over time."
What is Skillrater?
Skillrater is a seamless, enhanced performance appraisal platform designed to help individuals meld and integrate all of their skills. It enables users to get ratings on their proficiencies and receive advice from peers and stakeholders.
The system allows for effortless communication and collaboration across a company, its clients, and social networks, creating a unique ecosystem for managed collaboration. This process promotes greater productivity and innovative problem-solving.
Key Features & Benefits
Skillrater provides a powerful toolset for employees, managers, and senior leaders to track and improve performance across an organization.
Foster a Coaching Culture
The platform empowers employees to become coaches for each other and active investors in their own careers. By facilitating continuous threaded discussions, it creates a self-sustaining learning organization.
"Our goal is to create a social circle within an organization that is focused on helping employees coach each other [to] improve their skills and improve performance," said Louis Carter, CEO of Best Practice Institute.
Based on research in neuroscience, the platform incorporates positive dialogue to improve performance, making it an effective development tool for both dispersed and co-located teams.
Data-Driven Talent Management
For senior talent management executives, Skillrater offers a clear way to track job performance and skill sets across a global workforce. When a manager needs a particular skill set for a task, they can search for specific skills and review fresh feedback and discussions on recent employee projects. This puts rich, valuable talent data at executives' fingertips and helps identify top performers.
Customizable Competencies
Managers can customize groups with specific skills or competencies that are critical for success in their division. This allows employees to request targeted feedback that aligns with departmental goals, a key feature of the enterprise platform.
Proving Leadership Development ROI
VPs of leadership development can establish action learning groups with specific items. The platform tracks changes in behavior and project results over time, demonstrating the ROI of leadership development initiatives.
Endorsed by Industry Leaders
Marshall Goldsmith, a top-ranked executive coach and author, endorsed the platform's utility for leaders.
“Skillrater is a great tool. Leaders and managers are going to fall in love with it," Goldsmith stated. "There is no better way for organizational leaders to track talent data. Skillrater gives you a simple way to request [and] receive feedback on what you are doing, while building an in-house social network to discuss the feedback."