Performance management is not just about reviews and appraisals; it should help you reach the next level of creating value for your business while engaging employees. Performance management software with sophisticated features can help with this. Here, we list a few features that make your performance management software a perfect solution.
Goal-setting should not be a discrete task performed by individual managers designing and deciding goals. This activity should come from the top down. Many organizations have done this in a manual way for many years. But, the latest application allows you to push or pull goals down the management hierarchy so that an employee’s goals are in line with the overall business goals and expectations for the year, creating transparency and enhancing performance.
Performance management process should be a continual and regular process where employees are awarded for best performance through feedback from team members and project managers. The application drives feedback requests through the data in your system such as the changes from an old to the new manager or the accomplishment of an assignment. The system also sends email notifications when an employee forgets to complete his/her self-evaluation.
Succession planning is an important task in the performance management process and it should not be guess work. A performance management system with advanced tools will identify employees who are ready to move up in the company as well as future leaders. The application provides the foundation for such activities through base tables ready for your data and configuration. The built-in features of performance management software offer great insights and facilitate the design of your present and future state organizations through minimal effort.