5 Key Components of Any Successful Performance Management Process

It is important to meet with the key people in an organization who will be using or relying on the new tool to make business decisions. Approach these conversations in a way that opens the door so that they are intricate in the design and development. Keep in mind, fulfilling the needs of the Finance is important, however, providing a tool that has the power to directly impact the business and profitability is the goal. It is important to have a strong executive sponsor of the project which will assist with driving the project and promoting it through-out the executive team of the company. However, receiving input from the data experts / users of the data will lay the foundation for a useful tool which will have an impact on the day to day operation and management of the company.

Read more: https://www.hrbartender.com/2017/employee-engagement/5-components-performance-management/