PM3 is 1st Executive’s Performance Management software. Designed to drive employee performance and achieve improved business outcomes, the software will increase business performance by up to 20% through its user-friendly automated format, continual feedback systems, and objective setting. Training and development needs are also reviewed regularly, and progress on objectives is tracked frequently, rather than via a single annual review. The software is complementary to 1st Executive’s best practice Human Resources strategy solutions and ensures that good human resources practices stick when it comes to implementation by line management.
PM3 Benefits:
Improves business results by up to 20%
Simple user interface reduces line management’s passive resistance to new systems
Data analytics ensure that good objectives are set and that they are aligned with business goals
Paperless system mean Performance Reviews won’t get lost and are more meaningful due to constant tracking of performance
Reduces loss of key employees to predictions on “flight risk” based on known reasons for attrition
Communication around what really matters to the business is vastly improved
Why consider PM3?
Compared to traditional paper based systems PM3:
Reduces paperwork
Increases relevance to managers and staff
Reduces time required for performance management and increases discussion levels
Increases managers and team member compliance
Standardises performance measures and language across the organisation
Ensures quality objectives are set and used
Is based on what is happening now rather than history that can’t be corrected
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