In April of this year a survey of 218 HR leaders at companies of 2,500 or more employees was conducted by Workforce.com and IDC, a global market intelligence and advisory firm. Participants were drawn from the membership of Workforce.com’s online user community. Following are some key findings (edited for brevity):
- Over 90 percent of respondents were dissatisfied with their Performance Management
- Nearly 65 percent of the organizations say their performance management systems employ only a little automation.
- Of those that are formally automated, 21 percent are using their enterprise resource planning system or HR information system to manage performance. The remainder are using a "best-of-breed" system, such as PerformanceObjects.
- Of those not automated today, nearly 45 percent plan to make a change in the next 12 to 18 months. Of those that are automated, 26.5 percent say they plan to change their system in the next year or so. View Article
Whatever the positive impacts of a performance management
system might be (and they
can be significant), proving your case begins
with establishing a set of ROI metrics that are meaningful to senior management.
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