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5 Tips to Effective Performance Management

White Paper Published By: Skillsoft
Published:  Jun 25, 2015
Type:  White Paper
Length:  7 pages

Performance solutions enable organizations to automate and optimize their performance processes and align employee development and goals with corporate objectives. Organizations that have invested in performance solutions cite a number of significant benefits, including:

  • Establishing clear performance expectations for the workforce
  • Standardizing performance processes and practices across the entire organization
  • Aligning employee goals with the strategies and objectives of the organization
  • Facilitating communication of goals, strategies, and core values
  • Ensuring that goals are consistently being met in an effective and efficient manner
  • Establishing clearly defined and dynamic career development plans which can be linked to learning and training leveraging competencies
  • Supporting pay-for-performance initiatives (when linked with compensation)
  • Enabling objective, company-wide workforce measurement, reporting, and analysis, including regulatory compliance reporting and auditing 

This field guide explores five critical steps to ensure that you get the most out of your performance solutions investment.

Tags : 
performance management, performance solutions investment, automation, optimization, employee development, communication