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The single greatest obstacle to success in any company is the failure to align activity and energy of key leaders and team members in executing on an articulated and agreed upon set of corporate objectives.
Small to medium businesses, typically plagued with a shortage of manpower and necessarily focused on the marketing and sales efforts, often struggle to keep the human management and corporate efficiency factors, so critical to mission success, from falling through the cracks.
Employees are the most valuable asset of any organization. Identifying, keeping, and motivating key employees is arguably the most essential and effective investment of a business – absolutely vital to its continued prosperity - through all seasons of the business cycle.
An effective performance management system sets employees up to succeed, so they can help your organization succeed. Performance management is the process of creating a work environment or setting in which people are encouraged and empowered to perform to the best of their abilities. Businesses can stand any kind of challenges in any kind of economic climate if employee’s morale and performance are at their peak. Leaders and their teams need to sense they are empowered but still accountable in a way that prevents the sense of being micro-managed by superiors. The Corporate efficiency system does just that.
Traditional performance appraisals or "Performance Review/Evaluation" systems are typically too infrequent, harried and undervalued by management because of the time they take on the part of management to implement in a meaningful and encouraging way. Performance evaluations are often subjective and lacking in substantive back-up evidence, to give the employee concrete examples of areas of where they excel or fall short. This is harmful to performance development; damages work place trust, undermines harmony, and fails to encourage personal-best performance.
JTEC EPM replaces this flawed traditional practice with a system that requires managers to give constant performance feedback to staff members. By constantly recording the employees' performance rating, supervisors and managers can effectively and accurately observe how the employees are doing. The system effectively eliminates micro-management, yet maintains the authentic data that the ratings are based upon. The system allows employees, and managers alike, to reward good performers and detect potential issues. It stimulates a fair, competitive, and healthy working environment that maximizes employees' potential.
Perhaps the shining benefit of the Corporate Efficiency Management Module is the simplicity with which it translates employees Objectives, To Do List items, Issues and Calendar items seamlessly into a Status Report. With the click of a button an update is delivered to their direct supervisor as often as required by the superior. Equally turnkey and seamless, is the ability of management to quickly review all their direct reports, and drill down through their own organization to review the progress of all those on their extended team.
Lastly, corporate governance issues coming to the forefront in recent times mandate a greater care in documenting and managing the effectiveness and integrity of all employees. The Corporate Efficiency Management module insures that your organization will have a documented history of performance issues of all your employees, from the CEO to the entry level employee.
Management Issues:
- How do you stem the tide of activity drift, and ensure employees execute on mission critical objectives and goals.
- How can you help your managers quickly understand their employees" performance?
- How can you make employee reviews turnkey for managers in a way that saves them time?
- How will you be able to minimize the standard 8-12% of poor and damaging reviews?
- How can you lower your employee churn and turnover costs?
- How can you keep track of all the interaction between manager's and employees?
- How can you track all of your employees’ historical performance with one simple detailed report?
- How can you efficiently deliver the criteria to rate your staff fairly and objectively?
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