Having an efficient performance evaluation and performance management system is a key to effective monitoring of your company’s performance. Our Performance Management solutions enable business owners and management to assess relative performance of different divisions and individuals.
Our solutions will open an access to top performance management systems and tools, allowing you to streamline and optimise your review and appraisal processes. Our team of experts will support development and implementation of a customized balanced performance scorecard with tailored KPIs, designed to reflect your specific investment and business growth objectives.
C-Suite Alliance will also support the development and implementation of efficient feedback and performance alerts framework.
C-Suite Alliance Performance Management solutions will help you achieve these objectives:
- Identify and promote outperformance through strategic selection of KPIs:
Key Performance Indicators (KPI) are widely accepted as a tool to evaluate performance of people, divisions and whole companies. Selecting an optimal set of KPI’s however, can be a challenging task and will depend on your business model, industry, size and strategic objectives. For this reason, a ‘cookie-cutter’ approach to performance assessment will not suffice. C-Suite Alliance will work with you individually to understand your business drivers and your strategy, and develop a set of bespoke KPIs that will allow assessing performance effectively and efficiently. We can help you achieve a high-ranking and balanced scorecard, which accounts for your individual approach.
- Quantify performance:
Where systems are put in place to accurately quantify employees’ productivity levels, patterns can be identified and outperformance can be broken down so that others in the firm can learn from the achievements of the leaders in the field. Equally, a sub-par performance can be identified by the same automated system, where performance alerts indicate where behaviour and results have diverged from the norm.
- Make the Performance review process fair and transparent:
An inefficient performance appraisal system risks appearing as arbitrary and even incomprehensible to your employees, but you can put everyone’s mind at rest with standardised and externally verified protocols that can be rolled out across the firm. Employees feel secure when they know that their performance is evaluated objectively and that no personal issues will affect recognition of their individual and team contribution.
- Manage performance with a Balanced Scorecard:
Balance Scoreboard is a method of implementing a business strategy by translating it into a set of performance measures derived from strategic goals that allocate rewards to executives and managers based on their success at meeting or exceeding the performance measures. Balance Scoreboard disciplines an executive to focus on several important measures that drive the strategy.