In today’s workforce, organizations require an efficient and effective performance management to remain competitive and execute better business strategy. More than half of the companies think annual reviews are not effective and 95 percent of the workforce are not able to understand company’s strategy and goals. SAP SuccessFactors performance and goals management helps organizations easily sets employee goals and align them with company objectives which improves workforce performance by accurately evaluating and developing top talent.
With SuccessFactors performance & goals, you can clearly define goals to individual employees with the flexibility to move and shift these goals when your business priorities changes. By aligning goals, you can make your employees to work as a cohesive team and increase their engagement towards work.
SAP SuccessFactors introduces SMART goal wizards to provide more than 500 configurable goals and visually cascade those goals from executive management to every employee. This gives the employee the direction they need to improve their performance and increases manager’s visibility on goal progress and achievement fostering coaching and continuous feedback.
SAP SuccessFactors Performance and Goals Management, helps you to
- Make Goals Instantly with SuccessFactors goal library that supports managers to define 500 SMART (Specific, Measurable, Attainable, Realistic, and Timely goals).
- Cascade Goals through the entire organization by setting strategic goals and moving them out to teams and individuals for better organizational performance.
- Gain more visibility into goal status by monitoring performance, goal status and results with intuitive dashboards.
- Improve accountability by gaining more visibility to reinforce performance and engagement and address issues proactively.
- Make continuous goal assessment by doing frequent updates and providing detailed comments on goals.
Thus, SuccessFactors performance management is a highly intuitive and paperless online performance management tool which provides feedback, coaching and individual development in SuccessFactors performance management screen avoiding the usage of spreadsheets or any other tool. Hence, organizations find SAP SuccessFactors more flexible and easy to use. SAP SuccessFactors also provides managers comprehensive and visual comparisons of employee performance which continuously improves employee performance and inspire them to be the great performers.
To know more about SAP SuccessFactors Performance & Goals Management, download our whitepaper which encloses“Why it is time to reframe your performance management system”.