Name: Put skills at the heart of your organization with Nestor's Skills-Based Talent Management Platform
Uploaded: 2024-05-28T12:54:26.000Z
Duration: 2 min 19 s
Description: Nestor's Skills-Based Talent Management Platform

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### Performance Management
Users unanimously praise Nestor's performance management capabilities. They appreciate the ease of setting and tracking objectives, aligning them with strategic goals, and the dynamic dashboards that provide in-depth insights. The customizable forms and questions for performance reviews, along with the growth plans for each employee, are highlighted as valuable features. Additionally, the proactive nudges and responsive customer support contribute to a positive user experience. Nestor's performance management functionality is seen as a valuable tool for fostering accountability, transparency, and collaboration within organizations.

### Goal Setting and OKRs
Users consistently praise Nestor's goal-setting and OKRs capabilities. They appreciate the platform's ability to translate vision into actionable goals, set clear expectations for employees, and track progress effectively. While some users suggest improvements like integrating with other tools and attaching documents to objectives, overall, Nestor's goal-setting and OKRs functionality is seen as a valuable asset for driving performance and aligning teams towards common objectives.

### Employee Feedback and Reviews
Users consistently praise Nestor's employee feedback and reviews features. They appreciate the platform's ability to facilitate sharing feedback, conducting regular and quarterly check-ins, and providing performance labels at the end of evaluation cycles. The customizable forms and questions for performance reviews, along with the dynamic reporting and analytics, are highlighted as valuable tools for enhancing the feedback process. Additionally, the user-friendly interface and responsive customer support contribute to a positive experience with Nestor's employee feedback and reviews functionalities.

### Talent Development
Users unanimously praise Nestor's robust talent development features. They appreciate the platform's ability to facilitate the creation and tracking of development objectives, aligning them with strategic directions. The customizable forms and questions in performance reviews, coupled with the growth plans for each employee, are highlighted as valuable tools for enhancing talent development. Additionally, the platform's dynamic dashboards and deep data analysis capabilities are commended for providing actionable insights into skills assessment and competency gaps, enabling the creation of effective development plans.

### Skills and Competency Tracking
Users consistently praise Nestor's robust skills and competency tracking features. They appreciate the platform's ability to help them set clear objectives, track progress, and identify areas for skill development. The tool's user-friendly interface and customizable options make it easy for users to evaluate their skills, receive feedback from peers and managers, and plan their professional growth effectively. Nestor's skills hub area is particularly highlighted as a valuable resource for self-assessment and skill improvement. The platform's emphasis on skills and competencies is seen as a key strength by users, providing them with the necessary tools to enhance their capabilities and align with organizational goals.

### Team Collaboration and Culture
Users consistently praise Nestor for its ability to enhance team collaboration and foster a strong team culture. The platform is commended for its role in connecting employees, increasing visibility across team capabilities, and facilitating better collaboration towards team goals. Reviewers highlight the platform's intuitive interface, customizable features, and the support it provides in setting and tracking OKRs. Nestor is lauded for promoting transparency, communication, and cross-departmental collaboration, ultimately creating a conducive environment for teamwork and shared success.

### Transparency and Communication
Users consistently praise Nestor's transparency and communication features. They appreciate how the platform fosters collaboration and communication between departments, helping to enhance overall organizational transparency. The tool's notifications, although sometimes deemed excessive by some users, are seen as a valuable aspect that keeps everyone informed and engaged. Additionally, the visual representation of skills and results in reviews aids in clear communication and understanding of individual and team performance.

### Organizational Alignment
Users consistently praise Nestor's ability to enhance strategic alignment within organizations. They appreciate how Nestor helps them set clear objectives, track progress, and align their initiatives with company goals. The platform's dynamic dashboards and customizable features enable users to stay focused and accountable, fostering collaboration and communication across departments. Nestor's transparent approach to strategic alignment empowers employees to identify skill gaps, engage with cross-functional teams, and contribute effectively to the organization's overall objectives.

Nestor is a versatile platform that helps users set and track objectives, promoting work transparency and cross-functional collaboration. With an easy-to-use interface and friendly design, Nestor proves to be helpful for new hires as they navigate the platform's features. Users can effortlessly create goals, define key performance indicators, and provide feedback with just one click. The platform also offers a personal profile that includes tasks, development plans, and career paths, making it a valuable tool for personal growth and employee transitions within the company.

One of the standout features of Nestor is its notification system, which has proven instrumental in increasing the setting of new development objectives and tracking progress. Additionally, the platform offers multiple options for assessing competencies, helping users identify strengths and areas for improvement within their teams. By facilitating sharing of responsibility and increasing transparency across the organization, Nestor fosters collaboration and communication between departments, providing a holistic view of job role expectations and required skills.

Nestor goes beyond traditional performance management platforms by visually connecting soft and hard skills with results in reviews, allowing for growth plans after performance conversations. Managers benefit from using Nestor as well, as it enables them to learn about their team culture and develop their leadership skills. The user-friendly interface contributes to the adoption of the tool while providing users with insights into the skills and expertise needed for their job roles.

In terms of teamwork, Nestor increases visibility across teams and improves collaboration on team goals. It provides clarity on role expectations for individuals, allowing them to see when they exceed them. Furthermore, Nestor brings clarity by providing information on activities, required expertise, and strategic directions within the company. Users can understand the initiatives they can propose or join based on their skills and experience. The platform promotes synchronization and engagement with other departments, facilitating cross-functional collaboration.

From a reporting standpoint, Nestor serves as a one-stop shop for tracking employee results and skills. It offers actionable data through dashboards and reports, supporting data-driven decision-making. Nestor helps organizations increase transparency around strategic directions and identify organizational skill gaps. Moreover, users can identify their own skill gaps and leverage the platform's suggestions for suitable learning and career development opportunities.

Nestor's functionalities include company and department OKRs, objectives with dependencies, transversal teams, and various types of check-ins. By supporting employee growth, accountability for performance goals, and personal development, Nestor aligns teams around OKRs without relying on spreadsheets. With its transparent reporting system for projects, goals, and achievements, Nestor simplifies the management of skills, performance tracking, and routine processes like 360 reviews and team pulse checks. It serves as a comprehensive feedback mechanism for identifying strengths and improvement opportunities, as well as cascading and tracking annual objectives and development plans.

One of the key advantages of Nestor is its ability to provide traceability of objectives and serve as a centralized platform for focusing on important tasks. Users can easily access information on their progress, align their efforts with company goals, and see the impact of their activities. The platform also offers a transparent reporting system that enhances visibility on company goals and enables individuals to understand how their work contributes to the larger picture.

Nestor is highly regarded for its customer success team, which is known to be responsive and supportive. This collaborative and user-friendly platform allows users to log operational and development objectives, review results, and generate reports. With its ability to cover various needs such as listing employee skills, assessing expertise levels, identifying competency gaps, and creating development plans, Nestor proves to be an indispensable tool for organizations striving to enhance performance management and employee growth.

In summary, Nestor's use cases revolve around improving work transparency, facilitating cross-functional collaboration, setting clear objectives, tracking progress effectively, supporting personal development and transitions within the company, providing actionable insights through dashboards and reports, increasing visibility across teams, fostering collaboration and communication between departments, aligning teams around OKRs without relying on spreadsheets, simplifying routine processes like performance tracking and reviews, promoting accountability for performance goals and personal growth, enhancing transparency on company goals and initiatives, identifying skill gaps and suggesting suitable learning opportunities.

Cons:
Limited administration functionality: Some users have expressed that the administrator functionality in Nestor is limited, which can make certain tasks more challenging and time-consuming. They feel that there is a need for additional tools in the platform to minimize the time spent on these tasks.
Difficulties with initial adoption: A number of reviewers found it challenging for teams to initially adopt the methodology and use the app effectively. They suggest that improved onboarding and training resources would be beneficial in overcoming this challenge.
Lack of native mobile application: Several users have mentioned their desire for a native mobile application for Nestor. They believe that having a dedicated mobile app would improve convenience and allow them to access the platform more easily while on-the-go.

Helpful Dashboard for Evaluating and Planning: Many users have found the dashboard with job competencies helpful for evaluating people from teams and creating a plan for their growth within the company. This feature has been praised by several reviewers, highlighting its usefulness in assessing team members' skills and defining clear paths for their development.

Easy-to-Use OKR Process: The straightforward process for setting Objectives and Key Results - OKRs has been appreciated by users who find it easy to cascade objectives from superiors. Several reviewers have expressed satisfaction with the simplicity of this process, making goal-setting more efficient and aligned with organizational goals.

Visibility into Colleagues' Progress and Dependencies - Users have found it very useful to be able to check on other colleagues' dependencies and progress. This feature allows them to stay informed about ongoing projects, collaborate effectively, and gain insights into their teammates' work. Multiple reviews have highlighted the value of this visibility in fostering teamwork and enhancing overall productivity.

SAP SuccessFactors is a suite of HR/HCM products covering these capability areas: core HR and payroll, recruiting and onboarding, learning and development, performance and compensation management, workforce analytics and planning, and employee experience management.

SAP SuccessFactors HCM

iCIMS is a web-based applicant tracking system (ATS). The tool's talent recruiting and management functions include features like social recruiting, talent sourcing, offer management, and onboarding. The programs are centralized on iCIMS’s UNIFi platform and are scaled for mid-sized to enterprise businesses.

iCIMS Talent Cloud

Nestor

Talent management suites encompass strategic HR processes including recruiting, retaining, developing, rewarding and motivating performance. The most common talent management modules include Applicant Tracking Systems (ATS), Learning Management Systems (LMS), Employee Performance Management (EPM), 360-degree feedback, and Succession Management.

Many of the components of talent management suites were traditionally purchased separately as niche products, but suite adoption is increasing.

an example of Nestor's dynamic skill profiles, which are used to identify evolving skill needs, track and evaluate skill levels, match skill supply and demand, and develop and grow both organizational and people capabilities.

a glimpse into employees' work behaviors, interaction with others, decision-making, and approach to problems in the hybrid world through analytics.

Nestor's Skills-Based Talent Management Platform

Put skills at the heart of your organization with Nestor's Skills-Based Talent Management Platform

Get an overview of Nestor’s Skills-based talent management solutions: AI Skills Management, Talent & Opportunity Marketplace, Skills-Driven Performance Management, Talent Development, and learn how skills can be the main driver of peak performance, innovation, and growth.
Read more on our website: https://nestorup.com/

Onboarding

Employee onboarding is the process of orienting new hires to the social and performance aspects of their jobs so that they are able to function in their new roles as quickly as possible.

New hire portal

New hire portal eliminates printing and mailing with a personalized portal of all required reading, corporate information, and all forms and other paperwork, online.

Manager tracking tools

Tracking tools allow hiring managers to check status on individual hires for all onboarding activities.

Compliance tracking and reporting

Compliance tracking is the ability to ensure that all new hires are in compliance with federal regulations for employment.

Performance and Goals

Goal alignment is the practice of ensuring that all employees have clearly defined goals in support of the overall corporate strategy.

Corporate goal setting

Corporate goal setting is the ability to define corporate goals, and/or vision statements in the system.

Subordinate goal setting

Subordinate goal setting is the ability to define subordinate departmental or team goals in support of overall corporate goals.

Individual goal setting

Individual goal setting is the ability to define individual goals that align to organizational and subordinate goals.

Non-hierarchical goal setting

Ability to set goals outside of official reporting relationships.

Line-of sight-visibility

Line-of-sight visibility is the provision of line-of sight visibility for each goal to see how goals support overall corporate objectives.

Performance tracking

Performance tracking allows managers to track individual progress against goals as a component of overall performance.

Performance Management

Performance management is the process of ensuring employees meet pre-determined objectives and goals through regular check-ins and appraisals.

Performance plans

Supervisors have ability to build individual performance plans including, goals, competencies, etc..

Plan weighting

Supervisors have ability to weight or prioritize individual elements of the performance plan.

Manager note taking

Ability for managers to insert ad-hoc notes about performance or evaluation process; supports continuous feedback.

Performance improvement plans

Supervisors can track disciplinary actions such as performance improvement plans.

Review status tracking

Supervisors can monitor and track review status completion with dashboard showing milestones and status.

Rater nominations

Supervisors can nominate additional employee raters for feedback.

Rater nomination workflow

Ability for nominated raters to accept or reject their nomination.

Review reminders

System can generate reminders to ensure review completion timeliness.

Workflow restrictions

Workflow restrictions ensure that employee can only see finalized official review once completed.

Review transfer

Ability of a manager to transfer a review to another manager.

Multiple review frequency

System supports multiple review types including annual, quarterly mid-year and anniversary reviews.

Reporting

Reporting capabilities provide dashboards, ad-hoc reports and custom reporting capabilities.

Succession Planning

Succession planning is the identification and development of internal employees with the potential to fill key business leadership positions in the company.

Create succession plans/pools

Managers can create and manage pools of potentially high-performing individuals.

Candidate ranking

Candidate readiness for key business positions can be ranked and assessed.

Employee profiles

Ability to view and manage potential succession management candidate profiles.

Candidate search

Candidate search provides search capabilities for potential candidates based on attribute or other profile data.

Candidate add

Ability to add new candidates to the succession pool.

Candidate development

Candidate development is the ability to assign learning and development goals.

Recruiting / ATS

Recruiting or Applicant Tracking Software is software used to manage the recruitment process electronically by handling job postings, applicant status, resume management, etc.

Job Requisition Management

Job Requisition Management – Job requisition management is the ability to create jobs quickly and easily

Company Website Posting

Software allows postings to be displayed on the company website

Publish to Social Media

Software provides ability to publish postings to social media sites

Job Search Site Posting

Software provides ability to publish postings to top job search sites

Customized Application Form

Application form for applicants allowing capture of required information

Nestor

Overview

What is Nestor?