Ten Enterprise Performance Management Best Practices – Executing Phase
Ten Enterprise Performance Management Best Practices – Executing Phase
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Home Page > Business > Management > Ten Enterprise Performance Management Best Practices – Executing Phase
Ten Enterprise Performance Management Best Practices – Executing Phase
Posted: Oct 23, 2009 |Comments: 0
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This article continues where we left off discussing the 11 performance management best practices in the planning phase of the Lifecycle Performance Management Model. The Lifecycle Performance Management Model is an enterprise framework that is centered on 35 best practices. These best practices span across the five phases of the performance life-cycle: defining, planning, executing, monitoring and reporting. This article is the third of a series of five discussing the performance management best practices within Lifecycle Performance Management, and will focus on the executing phase.
The executing phase best practices involve implementing the planned activities outlined in the defining and planning phases. This is where we develop metrics, align performance to organizational objectives, identify cross-functional processes, and integrate data. During the executing phase the performance management team must maintain a climate of open communication with business unit liaisons and executive management, as this is where executive goals are transformed into action.
1. Employee Performance Management
Employee Performance Management is the systematic process by which an organization