Scorecards & Employee Performance Management

By: Sumtotal Systems

Given that by far the largest single budget item for most businesses is directly related to employees, and that employees are the key to business success, you'd expect businesses to spare no expense in the design and implementation of Employee Performance Management systems. Such systems are a highly effective means of strategically engaging employees, motivating productivity, and delivering a profound, positive financial impact. Yet few organizations invest accordingly.

Your most valuable resource demands your best management tools, and an integrated combination of scorecards and employee performance management represents the best approach available.

Organizations are waking up to the value of these tools in transforming businesses and delivering sustainable competitive advantage. Balanced Scorecards, which the Harvard Business Review has boldly called "one of the most significant ideas of the last 75 years," are now in use at a majority of organizations. Similarly, EPM software implementation is repeatedly identified as a top organizational strategic initiative.

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Human Resources
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