ABOUT PERFORMANCE MANAGEMENT

Optimize the performance management system through efficient decision making and project implementation. Develop and change based on current results to improve performance. Watch this short descriptive video to learn more.

WHY PERFORMANCE MANAGEMENT?

  • RECOMMENDED FOR
    RECOMMENDED FOR

    Any organization, regardless of industry or size.

  • WHY YOU NEED IT
    WHY YOU NEED IT

    To align day-to-day actions with strategic objectives, to effectively manage initiatives and to enhance reporting.

  • EXPECTED RESULTS
    EXPECTED RESULTS

    Advanced data analysis, increase accountability and improve performance.

SELECT ONE OF OUR SERVICES

  • SELF ASSESSMENT

    Start with the self-assessment in order to find out how well does your organization master performance management.

    Take it for free! 5
  • MATURITY MODEL

    Purchase the toolkit license and perform a complete assessment of your performance management capability.

    Choose a Plan! 5
  • AUDIT

    If you want to optimize processes, go for a Performance Management Audit performed by GPA Unit experts.

    Get started! 5
  • CERTIFICATION

    Interested in conducting audits? Become a Certified Performance Audit Professional and Practitioner!

    Become Certified! 5

FACTS ABOUT PERFORMANCE MANAGEMENT

The most challenging aspect related to improving performance is building the right culture and implementing the improvement initiatives.

80% of professionals claim to have noticed a positive effect in their organizations after implementing KPIs.

29% of professionals interviewed claim that their organization has at least one data analyst responsible with processing performance data.

34% of professionals state that data modelling and predictive analytics are commonly used in their organizations to generate valuable information from data oceans. However, most professionals (62%) rely on traditional root-cause analysis performed by upper management.

63% of organizations have quarterly or monthly meetings to review performance results.

27% of professionals feel like in their organizations decisions rely more on instinct than on data. (The KPI Institute, State of Performance Improvement and KPIs, 2016)

36% of organizations are practicing unilateral decision making, meaning decisions are taken top-down – the leader makes decisions alone, without consultations. (Harvard Business Review, 2017)

Most performance improvements professionals suggested in reference to their current performance management systems, relate to employee performance measurement and evaluations and optimizing the performance management software used. (The KPI Institute, State of Performance Improvement and KPIs, 2016)

Performance management is among the most recent disciplines developed in business management, despite the fact that measurement is a process as old as time for the humanity. Performance management has evolved side by side with strategy and quality management. Critics may even argue the necessity to consider performance management a self-standing discipline, when in fact many of its methods and tools are part of other related disciplines. Given the increased complexity of business environments and the transition from a manufacturing based economy to a knowledge and experience based economy, specialization has become no longer an exception but the norm. Regardless of the domain, it can be noticed that niche subject matter experts arise continually. Similarly, as competition becomes more aggressive, clients more sophisticated, information and technology more accessible, managing a business goes beyond the traditional management capabilities (finance, human resources, procurement, sales etc.). The Performance Management Office stands nowadays, side by side with other key functional areas.

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