subject: Performance Management Systems [print this page] Performance Management System is a web based application that can be accessed anywhere in the world. With this software you have the ability to activate your present performance management system or design a new system that will help you meet your current and future needs.
With the help of this software you can:
Drive Strategic Change
Reduce Relative Costs
Hardwire Accountability
Target Increases in Innovation and Value Creation
Increase Overall Motivation and Employee Performance
Next Generation Appraisal System
In the present economic atmosphere, senior managers know the need for stricter cash flow control and a window into results. With increasing demands from shareholders and management, the traditional spreadsheet process is no more adequate. Even at the current instance with rapid changes in most of the industries, operation units continually are resisting transformation.
Weight performance according to strategic impact and difficulty of job.
Link individual performance with Key Performance Indicators (KPI's).
Measures Leadership Skill Level, Employee Skill Level, Individual Motivation Level and more.
Managers and employees are discussing what is happening on the job instead of what the terms mean in the appraisal.
The Incentive Cache
Identify staff motivational "hot buttons".
Fully engage employee brains and backbone with non-financial performance incentives.
Use performance based incentives to steer employee efforts and drive strategy like you steer your car.
Attract and keep top talent with personalized rewards they can't get anywhere else.
A Better Way to Increase Performance & Productivity:
Effective performance management systems completely engage employees at all levels. Increase financial results are produced by coordinating daily activities with management best practices and valued incentives. Performance Path shifts employee focus from pay to skill and initiative. Aligning and realigning incentives with goals and strategic objectives creates agility and competitive advantage. The relative cost of compensation and benefits decline, The net result - a bigger bang for your human capital bucks.
Areas of Customization
Totally customizable. It is easily adapted in whole or in part to your specific needs.
Performance Based Job Descriptions
Job Specific Appraisals
Incentive Profiler
Defining Management Accountabilities
Custom Reports
Coaching Development Work Sheets
Team Matrix
Performance Dash Boards and Score Cards
Business performance management (BPM) has made great strides over the last decade. Certainly balanced score cards and dashboards help managers plan, monitor and analyze results. Executives implement performance management to improve execution of strategy, increase efficiency and become more agile competitors.
Managers and employees need the information and motivation to drive success. Front line decisions (Lead Measures) drive bottom line results. Goals and objectives (Lag Measures) measure results. Employee motivation affects everything - customer relations, costly errors, and delayed responses.
