Enterprise performance management
Today’s talent market is highly competitive. Once you secure the right people for your organisation, it’s essential to support and bring out the best in them. Enterprise performance management is being revolutionised by data-driven tools and analysis. Where formulaic quarterly reviews once led best practice, today are replaced by real-time analytics that can drive instant positive reinforcement.
In business, effective performance management can make all the difference when it comes to meeting strategic objectives. The right skills and resources can be utilised in the right areas, so that individuals feel their competences are recognised and therefore are more satisfied. It can also create a competitive advantage, helping you not only identify the right people with the right skill sets but create the right environment in which they can add value and thrive in the organisation.
Digital tools and real-time analytics mean that people managers have access to the right information at the right time to support informed decision making. With better skill sets, resources and insights at your disposal, not only will your company be more agile and resilient, it will also stand a stronger chance of reaching its objectives.
Our approach
At Forvis Mazars, our focus is on making enterprise performance management work for you. We can support your move toward data-driven performance management, retiring the outdated traditional performance management that encourages internal competition as opposed to internal co-operation.
We’ll identify the right technology and tools to help you improve performance management that aligns with your business strategy – tools that relieve the administrative burden and open up communication with individuals building trust and transparency.
Whatever the complexity of your organisational or data structures, we have the right experts to bring to your project and lead the process. Our strategy and HR teams will ensure your new performance management systems truly align with your business. Our legal expertise can help with implementation issues such as compliance with employment legislation and the GDPR. Our specialist team in data analytics can help ‘join the dots’ by processing large quantities of information drawn from multiple parts of the organisation. Even complex data sets can be turned into simple visuals for an instant assessment of performance.