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KPI Performance Management
Evaluating the success of an organization or of a particular activity in which it engages.
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Improve employee performance using a simple-to-use KPI management!
Performance management is a tool used by companies all over the world to keep track of and evaluate their employees’ skills and performance in order to help them grow in their careers. The ultimate goal is to make sure that employees use their opportunities and skills to the best of their abilities. This can be done through regular reviews, feedback, and taking care of their overall development.
Full review of progress towards objectives
KPIs are specified metrics that assist companies to monitor performance over time.
Various departments use different KPIs, and certain KPIs may work better for some departments than others. In general, DoerHRM KPI software provides ready made template for each department such as:
- Absenteeism Rate
- Profit Score
- Annual Recurring Revenue
- Employee Turnover Rate
Interactive charts and graphs quickly visualise data
KPI reports take the information presented on the KPI dashboard to a new level. They go deeper into the data to pull out more detailed insights and analyses.
A KPI report helps stakeholders and team members identify trends or bottlenecks over a specific time period so that they’re able to make better decisions.
- Reports for collaboration and sharing
- Insights into the company’s day-to-day operations.
- Notable trends or patterns are presented by the data
Analyze your data's ups and downs
It may be challenging to keep different departments or groups teams within an organisation focused on the same objectives.
After a company’s Mission, Vision, and CSFs have been established in a strategic plan, KPIs simplify data into actionable measures and offer feedback on the company’s success.
- Everyone moves in the same direction when they know how far they've come on their KPIs
- Enable individuals to improve their own performance and the company's as a whole
- Help in eliminating any issues that may arise in future projects
Create, share, and discuss meaningful insights
KPI reports take the information presented on the KPI dashboard to a new level. They go deeper into the data to pull out more detailed insights and analyses.
A KPI report helps stakeholders and team members identify trends or bottlenecks over a specific time period so that they’re able to make better decisions.
- Reports for collaboration and sharing
- Rapid business improvement implementation
- Time saving management tools
Manage and assess your human assets
Employees and managers may use DoerInfo to build competence development program, establish expectations, measure progress, and track results.
It has a database where you can keep track of your employee abilities. It is now easier to distribute performance evaluations and provide immediate feedback.
- Track employee development over time using numerous indicators
- Create clear performance targets for employees
- Select capabilities that are in line with the objectives of your company
Bolster employee engagement
Managers benefited when they have a clear understanding of the skills employees need to improve in order to do their job successfully.
- Determine the knowledge, skills, and behaviors needed to succeed in the company
- Compare employees skill sets to the requirements of their employment and find areas for improvement
- Encourage employees to take charge of their own professional growth by recognizing their talents and expertise
Highlight job-specific skills
Management can better match employees with open positions in the organisation if competence profiles are developed for each one.
- Provide an objective framework for eliminating unsuitable candidates and narrowing the field
- Improve the qualifications of their existing employees
- Easily identify candidates down the organizational ladder who have the required qualities to take over the top jobs
- Performance evaluation reports on how well the employee's abilities match the profile
Say hello to a talent management world that works better
The 9-box grid identifies talent gaps and forecasts usage for potential inefficiencies, waste, and costs in organizations.
- Identify high-potential talents and make a list of areas where they might improve in
- Assist HR managers in the planning and execution of post-appraisal measures aimed towards the employee growth
- Identify areas for improvement in the recruitment process, as well as the organisation learning and development strategy
Measure and compare your progress
The main goal of measuring business metrics is to track performance management, but the overall point of employing it is to communicate a company progression towards certain long and short-term objectives.
Baseline and Metrics enables you to effectively plan your business and create a baseline that is accessible to all team members.
- Analyze business trends and forecast
- Improve future business plans and estimates
- Reveal opportunities for improvement
Understand where your business stand today
Baseline and Metrics helps business manager to establish and present business delivery information in a number of ways in order to meet the needs and information requirements of various business stakeholders.
- Identify how well a solution was executed in comparison to the predicted outcomes
- Evaluate the present state and efficacy in achieving the goal over time
- Discover methods to enhance the solution in order to better achieve the goals
