Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

CYBG transforms performance management with Clear Review

CYBG transforms performance management with Clear Review

A new performance management framework supported by Clear Review technology motivates and improves individual and team performance across the organisation 

Clear Review, a game-changing supplier of continuous performance management solutions, has announced that CYBG, owner of Clydesdale Bank, Yorkshire Bank and B brands, has implemented a new performance management framework for over 6,300 staff using the Clear Review solution.

Following an internal consultation process the organisation has implemented a continuous feedback programme, supported by Clear Review’s technology. The new approach encourages ongoing feedback conversations that are documented, resulting in both individual improvement and more teamwork across the company.

Clear Review provides the system and the data to manage and drive the performance management process. The dashboards enable managers to keep on track easily with feedback and check-ins, while HR is able to provide support and guidance where required. The new performance management framework is centred on agreed team objectives that tie into the company’s strategic goals.  Each individual also has two personal goals proposed by the manager and peers aligned to the organisational values. Feedback is given (face to face and online) and regular check-ins with managers monitor individual progress and feedback.

Francis Lake, Head of Organisational Development at CYBG explained: “Our performance management was quite process focused and we knew we needed to make changes to ensure there was continued improvement in performance and our staff were motivated and engaged in their career development.

“Our performance management approach is now focused on encouraging feedback conversations, creating stretch and improved teamwork.  The technology is also giving us insight to drive more change and provide the foundations for good management.”

CYBG is using the quantitative and qualitative data to identify where mangers are not giving feedback and how feedback is relating to company values.

Stuart Hearn, Founder and CEO of Clear Review said: “CYBG’s successful new performance improvement programme demonstrates how forward thinking companies can benefit from moving from the traditional annual appraisals processes that have become increasingly ineffective, to regular, meaningful conversations. Clear Review’s solution has been developed to help companies develop and manage continuous performance development programmes that both engage and motivate staff to make a real difference.”

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post