How SAP SuccessFactors Performance and Goals Management helps improve employee performance in your organization?
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. This automatically 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. These goals can be visually cascaded from executive management to every employee. This also 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 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 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. It provides feedback, coaching and individual development in SuccessFactors performance management screen avoiding the use of spreadsheets. Hence, organizations find SAP SuccessFactors more flexible and easy to use. SAP SuccessFactors also provides managers comprehensive and visual comparisons of employee performance. By this way, organizations can continuously improve 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”.