Appendix B:
Frequently Asked Questions
People Review
Performance-Potential Assessment and Matrix:
1. How do we measure performance (what makes up the performance axis of the Performance/Potential matrix)?
Start with the employee’s recent Business Performance trend (e.g., last 2-3 years). Then consider all Global Competencies; you may move the rating if needed to come up with the overall rating (manager’s discretion).
2. How do we measure potential? Is this model the same for everyone?
Monsanto’s assessment of potential is based on whether the individual is ready, willing, and able to take on successive levels of leadership (technical and/or people leadership). It is important to note that these assessments are not permanent and should be reassessed annually.
We start with whether the individual is able to take on successive levels of leadership. The Ability factor is measured through the Growth Factors. This model applies all the way through the organization. The assessment of ability through the Growth Factors, combined with the performance rating, yields an initial placement on the performance/potential matrix.
Next, we assess whether the individual is willing. There are a few lenses of willingness to be considered (see below). The individual’s placement on the matrix may be changed based on his/her willingness.
Is the individual willing to take a new role?
Is the individual willing to take on additional responsibilities?
Is the individual willing to change functions?
Is the individual willing to move geographically?
Note: a strong willingness assessment will not increase an employee’s potential rating, but a weak willingness assessment may decrease the rating.
Finally, we assess readiness. Assessing readiness is a subjective process and should only add to the assessment of potential. A manager assessing readiness should consider the following question: Do I consider the individual ready for two significant increases in responsibility within the next six to ten years? Again, like willingness, the individual’s placement on the matrix may be changed based on his/her readiness.
At higher levels of the organization, the discussion about people tends to be more of a discussion of fit for specific positions, which is a succession planning question. As such, additional factors (such as role requirements, the person’s experience, etc.) become important to the discussion.
Note: a strong readiness assessment will not increase an employee’s potential rating, but a weak readiness assessment may decrease the rating.