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Performance Management & Measurement: The Foundation for Successful PFP

Survey after survey shows that, in today’s business world, performance management and metrics are a must.

When employees have clear, strategic performance measures and targets, they know exactly how to perform on the job to achieve success— and earn rewards. When they do not, the results can be confusion and lack of engagement on the part of employees and frustration on the part of their managers.

Even worse, your organization will fall short of its business goals.

That’s why IOMA has developed the fourth annual edition of its best-selling report Performance Management & Measurement: The Foundation for Successful PFP. It contains the latest surveys and research on current performance management practices, as well as best practices that you’ll want to consider adopting and implementing, such as how to:

  • Create performance metrics that drive employee engagement—and business results. Discover eight great ways to manage the metrics portion of your performance-management strategy. You’ll learn how to align PM measures with business goals and create the conditions that will enable employees to meet their performance standards.
  • Train line managers to elicit the best performance from their people. A comprehensive survey of HR professionals reveals the strongest predictors of success with PM and implementation factors that drive success.
  • Enlist support for PM at all levels of your organization. By following commonsense steps such as allowing employees to participate in goal-setting and communicating frequently, you’ll get a more enthusiastic response when the subject of performance management comes up.
  • Avoid common performance management mistakes. Best strategies to sidestep poor execution, unclear ownership, skill inadequacies and other PM perils.
  • Implement a global performance-management process. Key steps you need to take to create a common language for PM and get the entire organization—from Boise to Bombay—on the performance-management bandwagon.
  • Create a cohesive performance-management model. A case study of PM in action at LandAmerica Financial Group, Inc chronicles how the HR team took a jumble of conflicting PM approaches and created one model, eliminating confusion and setting the stage for outstanding performance on the part of employees and the business.
  • And much, much more.

To review pay-for-performance best practices based on the latest surveys from top compensation consultants and research firms, send for IOMA's Performance Management & Measurement: The Foundation for Successful PFP today.

Click here to review this report's Table of Contents and Introduction.



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Performance Management & Measures 2008  Print  Electronic  $299.00
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