Performance Management

An effective performance management system allows you to engage your employees by establishing a true pay-for-performance culture. By communicating and aligning company goals to employees while setting achievable performance expectations, the company's compensation system is linked to actual individual and / or team performance.

Engaged, productive employees are essential to any company outperforming its competition by increasing morale, creating loyalty and increasing overall productivity.

Although many different types of performance management programs exist, most can be generalized into the following cycle:

Goals and objectives are defined and communicated to the employee
Management provides ongoing observation and coaches individuals on performance regarding the achievement of goals
Appraisal where individual performance is formally documented, feedback delivered and appropriately compensated. If performance meets or exceeds the desired performance standard, then a reward is given. If performance does not meet the desired performance standards, then a performance development plan to address the performance gap is created
Repeat the cycle

Performance management is the measurement of activities to ensure that a company's goals are being met in an effective and efficient manner to ensure success. Performance management can focus on the performance of the organization, a department, employees or a combination of all of the above.

SuccessFactors Solutions and Expert Insight

Enterprise Business Solutions - For Enterprise Businesses
On-Demand Performance Management Solutions for Enterprise Business
Learn about SuccessFactors integrated performance management suite including goal management, employee reviews, succession planning, compensation management and more.

Mid-Size Business Solutions - For Mid-Size Businesses
On-Demand Talent Management Solutions for Mid-Size Business
Find out how so many mid-sized business are automating their performance review process and implementing a true performance and talent management process.

Small Business Solutions - For Small Businesses
Online Employee Performance Management Tools for Small Business
Find out how SuccessFactors employee performance management solutions can help your small business.

Site Pages Containing "performance management" (1 - 9 of 1590)

Performance Management - Software and Research by SuccessFactors
Learn about Employee Performance Management and the processes behind it. SuccessFactors helps you get the most from your performance management initiatives.
http://www.successfactors.com/topics/performance-management/

Business Execution, Alignment and Performance Management Software
Bridge the strategy/execution gap by communicating business strategy & managing employee performance with SuccessFactors Business Execution Software.
http://www.successfactors.com/performance-management-software/

SuccessFactors Business Execution Software
By focusing on two key elements of executional excellence, Business Alignment and People Performance, SuccessFactors helps organizations of all sizes ...
http://www.successfactors.com/

Performance Management | BUSINESS EXECUTION RADIO
She tells how what started out as a project focused primarily on integrating staffing, performance management, and succession planning has led to major ...
http://www.successfactors.com/podcast/tag/performance-management/

Employee Evaluation Software - Write Meaningful Employee Evaluations
SuccessFactors Performance Management transforms the employee review ... Best Practices to Optimize Performance Reviews and Goal Management Whitepaper ...
http://www.successfactors.com/performance-reviews/enterprise/

SuccessFactors Announces Instant, Easy-to-Use Performance ...
Jul 20, 2009 ... "Our 2009 research shows that performance management is one of the most critical components of talent management and has clear financial ...
http://www.successfactors.com/press-releases/detail/?id=1308985

Business Execution Blog
But the best practices on business alignment and people performance fly in the face of many of our deeply ..... performance management · talent management ...
http://www.successfactors.com/blogs/business-execution/

9 Critical Reasons To Automate Performance Management - For Small ...
The top nine benefits of automating employee reviews and a updating a paper- based business performance management process.
http://www.successfactors.com/articles/automate-performance-management/smb/

Online Employee Performance Management Tools for Small Business
Find out how SuccessFactors employee performance management solutions can help your small business.
http://www.successfactors.com/performance-management/small-business/

Employee Performance Management | Business Execution Blog
For those companies who have invested in performance management, review season isn't so bad.But what about when it is time to hand out gifts? ...
http://www.successfactors.com/blogs/business-execution/tag/employee-performance-management/

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9 Critical Reasons to Automate Performance Management (for Enterprise) (802.57 KB)
Find out how your company can benefit from automating its performance management process. Download this complimentary eGuide today!

9 Critical Reasons to Automate Performance Management (for Public Sector) (594 KB)
Find out how your company can benefit from automating its performance management process. Download this complimentary eGuide today!

Building a Competitive Workforce (380 KB)
SuccessFactors Research and the IBM Institute for Business Value explore what it takes to thrive in a competitive world. As companies grapple with changing economic conditions, the emergence of global competitors, and new technologies, there is a great recognition that their long-term viability is closely tied to the effectiveness of their workforce.

Common Sense Talent Management (323 KB)
Twelve fundamental principles for increasing workforce productivity

Extending PeopleSoft with Best-in-Class Workforce Performance Management (272 KB)
SuccessFactors / Knowledge Infusion White Paper discusses how PeopleSoft customers can extend their HCM investment with SuccessFactors best-in-class Performance and Talent Management applications.

Moving Mountains (669 KB)
A Prescriptive Approach to increasing revenues and decreasing costs by "shifting the performance curve" of your organization. This Whitepaper shows the results of a survey conducted with over 500 SuccessFactors customers. See how they increased productivity and drove significant financial impact to their respective organizations.

Performance Management Best Practices (320 KB)
Datasheet highlighting Performance Management Best Practices

Performance Management for Education (1.97 MB)
Functional overview of SuccessFactors Performance Management, geared towards education organizations.

Return on Execution: Pulling the Levers that Drive Execution (257 KB)
Business Execution is how companies get things done. Learn how to bridge the gap between strategy and execution by arming your people with the tools they need to ensure success.

The Secret to Effective, No-Hassle Performance Reviews (1391 KB)
This eGuide will serve as your roadmap for implementing an easier, more effective employee performance review process at your organization.

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Bridge the Strategy / Execution Gap (1138 KB)
In an economic downturn, your organization’s success depends on how well your people respond to rapidly changing market dynamics. Unfortunately, when strategy shifts, people are often confused and not working on what matters most. SuccessFactors helps organizations bridge the strategy and execution gap.

Business Performance Accelerators (298 KB)
SuccessFactors Business Performance Accelerators help you get the most out of your people to drive business performance by ensuring effective interactions with employees at key inflection points throughout the employee lifecycle.

Cultivate Top Talent (1270 KB)
It is often your best people – the ones who research shows are 5 times more productive than the rest - who get anxious and disenchanted in a downturn. Unless you show them a clear reason to stay, they will be the first to head to the exit. SuccessFactors helps organizations cultivatte and retain top talent.

Performance Management (553 KB)
Functional overview of SuccessFactors Performance Management

Stack Ranker (413 KB)
Stack Ranker lets managers quickly assess and stack rank their teams - in real time - so they can keep a pulse on their people and optimize team performance.