How an ERP Can Help identify Standout Performers
A growing number of companies have begun to adopt and benefit from performance management systems that facilitate greater engagement with employees. This movement comes from the understanding that the highest performing teams are made up of informed and engaged employees. Even so, many companies are falling behind, failing to invest in the success and development of their employees.
So, how can you go about discovering your stand out performers while also improving the performance of your staff as a whole? It starts with the implementation of an IT system that enables engagement and assessment. This system should also provide decision-makers and supervisors with the visibility they need to keep tabs on poor employee performance and identify those going above and beyond.
Importance of Engaging Staff with Feedback
Meeting with people who feel true passion for their work is a treat experienced all too infrequently. Nothing is more infectious than the positive attitude of a co-worker or supervisor. But how do you create more employee engagement and keep your staff invested in their roll in the company? The key is consistent and constructive feedback.
With an ERP system, your business can benefit from improved employee performance and engagement, in addition to improved organization and project turn-around potential. Using the system, supervisors can keep track of employee performance indicators, enabling easy feedback, and objective-setting for individual employees.
Having these goals and performance indicators readily available isn’t simply about rewarding good performance and reprimanding poor performance. Rather, these indicators can be used to help motivate employees to work harder, ensuring they know their role in the organizations and the expectations their supervisors have for them.
The ERP Effect on Visibility
Providing decision-makers with the ability to observe how each employee performs at their job, the visibility gained through an ERP system helps to direct employee’s efforts, identify underperformers, and improve their performance where possible.
Many businesses have begun to consider system integration and data applications to be critical because they play a dominant role in understanding, tracking, and improving employee performance. However, the truly important thing to remember when utilizing ERP-based visibility is that through greater understanding, comes greater control.
Understanding Performance Indicators
Maintaining a system for motivating employees is critical to the continued growth, improvement, and profitability of your organization. With an internal IT system tracking key performance indicators and managing performance operation-wide, your company can make measurable comparisons between employees.
Through this comparative ability, you can figure out which staff are the true superstars. In addition, you can use these key performance indicators to keep employees focused on the task at hand.
When you’ve integrated your performance management system with your other business systems in the form of an ERP, your decisions-makers can more effectively optimize, analyse and organize your staff. This can be done in a way that both encourages employees to achieve better performance, and directs them towards user specific goals.
The key-performance-indicator data provided by the system can be presented in a visually consumable format. This allows you to better analyze the collected information, and engage in dialogues with the employee while presenting them with the same data that led you to feel the dialogue was warranted.