Presentation Transcript
Six Reasons Why Performance Management Initiatives Fail :Six Reasons Why Performance Management Initiatives Fail
Why Do Performance Initiatives Fail? :Why Do Performance Initiatives Fail?
1. Lack of Framework :1. Lack of Framework Lifecycle Performance Framework
Slide 4:2. Failure to Adopt Best Practices Lifecycle Performance Management Best Practices
Slide 5:2. Failure to Adopt Best Practices (con’t) The Organizational Performance & Best Practices Analysis 35 best practices, 280 processes
Performance Index Scoring
Feasibility Analysis
Impact Value Analysis
Customized step-by-step roadmap for immediate performance improvements
Strengths, weaknesses, and cost savings
3. Ineffective measurements/metrics :3. Ineffective measurements/metrics Organizational Performance and Best Practices Analysis
Measures how well your organization executes best practices
Rates your existing performance metrics in the following areas:
Definition
Effectiveness
Accessibility
Mission Alignment
Decision Making
Includes templates for developing and storing metrics and reports
4. Lack of buy-in from key stakeholders :4. Lack of buy-in from key stakeholders Customers, employees, vendors, senior and executive management
Several best practices address stakeholder buy-in:
Staff motivation
Employee acceptance management
Leadership development
Employee performance management
Organizational stability
Customer satisfaction management
Slide 8:5. Poor Planning / Follow Up The Lifecycle Performance Framework drives continuous improvement through effective planning
The Planning Phase contains 11 best practices (88 processes)
13 planning phase templates
The custom Best Practice Roadmap provides your critical path and an easy, logical method for you to map out your own next steps as growth and change affect your business
Slide 9:Business Intelligence Management is one of the Lifecycle Performance Management best practices
The Lifecycle Performance Analysis evaluates you on eight processes necessary to manage your Business Intelligence
The Lifecycle Performance Management Guide explains how to choose the right tools for your specific organization
Business Intelligence tools guide provides a comparison of the top business intelligence tools 6. Insufficient Use of
Business Intelligence Tools