Mistakes in Performance Management

  • Source: PeopleStreme
  • Written By:
  • Published:
  • (Originally Published On:) )
Performance reviews are typically based on the definition of what an employee was originally hired to do. However, appraisal systems fail to address the fact that jobs change as the business environment evolves. Performance management systems should thus deal with critical focus areas rather than basic functions. Appraisal without these objectives in mind risks being a total waste of time.

Featured Software Research:

Infor EAM Enterprise

  • Source: Infor
  • Written By:
  • Published:
Successful companies recognize that improving their asset performance will not only reduce costs, but also enhance their capacity for top-line growth. Download this brochure and find out how you can turn asset management into a competitive advantage with Infor EAM Enterprise. Read More

Real-time BPM Benefits Operational Execution

As business performance management (BPM) and corporate performance management (CPM) extend beyond finance to line-of-business managers and operational decision makers, it meets face-to-face with the urgency to support more real-time scenario modeling and decision making. Learn how fast, scalable performance management solutions are key to enabling real-time operational responses to actual results. Read More

You may also be interested in these related documents:

Top Five Mistakes When Purchasing CMMS

CMMS (computerized maintenance management software) is used by businesses to schedule work orders and manage inventory, assign tasks to appropriate personnel, and create detailed reports that highlight areas that need improvement. The process of choosing a CMMS solution can be fairly overwhelming, as there are dozens of vendors available and each system has its own advantages and disadvantages. This white paper looks at the top five mistakes when purchasing a CMMS solution. Read More

Unified Performance Management: The Key to Successful Performance Management

  • Source: Ventana Research
  • Written By:
  • Published:
Managing performance requires that business and IT, working collaboratively, develop a vision of how to integrate information and technology to improve the performance of the organization’s people and processes, and then act on that vision. Using common performance management (PM) tools and systems—designed to ensure the effective use of consistent information—is critical to the success of the business. Find out why. Read More

The Top Nine Inventory Management Mistakes: Worst Practices and How to Turn Them Around

Every distributor and manufacturer can find ways to optimize processes. But there are key challenges to infusing efficiency and profitability into your established inventory management practices. Learn about common challenges and roadblocks to converting inventory from cost to competitive advantage—and learn from the nine “worst practices” that can help you benchmark your current inventory management strategy. Read More
 
comments powered by Disqus