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WordAtWork Session v1

Clik on the Full-screen button, and then keep clicking on the Right arrow to move forward through the presentation. www.excentive.com
by

Fabio Ronga

on 13 May 2014

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Transcript of WordAtWork Session v1

Addressing Local Compensation Needs While Protecting Global Principles
based on real stories from
Addressing Local Compensation Needs While Protecting Global Principles
Fabio Ronga
CEO

Joost Hoppenbrouwers
Head of Services

David Reed
Principal Solution Architect

Jason Angelos
Partner

Mindset
Approach
Tools
10 min
30 min
10 min
Adressing
Local Compensation Needs
intl
global
vs.
?
cover multiple
local needs
domestic
+ others
1 unified approach
Are they really GLOBAL?
1 global system
multiple systems
2 systems
"tell us WHY these global principles can't apply to your local market?"
explain-push-defend global principles
vs.
reviewing-listening to specific local needs
Protecting
Global Principles
while
We identified early on 3 key success factors:

Common agreement at Group level of the processes that are to be implemented

Good documentation of these processes

A strong leader on-board, acting as “referee” between group and local levels
1 global framework for 22 markets with specific local needs
Requirements Design Implementation UAT Roll-out
Global spread analysis of users to calculate performance peaks

Define a technical architecture and application support to reflect the global spread of users over different time zones.
Explain WHY these global principles
Link to future of the company
Document delta between local needs and global principles, with sign off
Started once all requirements are signed off
Started designing global principles first
Followed with deltas commons to multiple countries
Finished with specific deltas,
before design sign off
Build the global template
Presented to local stake-holders
Used the global template for each local market, adding specific deltas
Focus on making a good first impression
Corporate test of global specs,
Corporate test of local specs
Test by local markets
Global Framefork
Local Flexibility
means
multi-lingual
multi-currency
no down time (real-time processing)
no training
flexible integration
Manage local exceptions - centrally or locally
Local data interfaces (e.g. local benchmark)
Local processes to meet local legal/business specs
Local hierarchies for local matrix organizations
Local workflows, approvals and digital signatures
Local reports
Security model allowing to modify only local data without access to other markets


AND
customers
In summary:
= examples of customers
who successfully achieved this
= implementation partner
with extended global project expertise
(managing Microsoft Entice)
= proven solution for global deployment
with local flexibility
Winning
Think globally.
Act locally.
Choosing New DNA
Flexible By Design
Wake Up Call
Choosing Priorities
250,000+
Partners
25,000+
Sales Employees
Constant,
Dramatic Change
SUMMARY:
Are
your global principles
indeed
global
challenge
local needs
w/ global principles
gather
"unique" local
needs
vs.
?
Hybrid
(1 domestic +
1 international applications)
is also an alternative to
Global
(1 application worldwide)
including
More than
50 companies
from all industries
successfully rolled out
global compensation applications addressing local needs with
(with salary, bonus, LTI)
EPM suite
SPM suite
in 10+ countries
Worldwide users
Full transcript