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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
 
 
 
 
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In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

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Home » Solutions » Articles » Performance calculation software - Run effective talent management in your organization
Performance calculation software - Run effective talent management in your organization  

Performance calculation software - Run effective talent management in your organization



 
 

All Travel Checklists

new CentriQS -15% OFF
Business management software
for small & midsize enterprises

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VIP Task Manager
Task management software
for teams & small offices
Play Demo / Download

All Travel Checklists

new CentriQS -15% OFF
Business management software
for small & midsize enterprises

Play Demo

VIP Task Manager
Task management software
for teams & small offices
Play Demo / Download

Since talents are the driving force of a company, managers should take into consideration talent management to optimize employee performance. Streamlined talent management is the foundation for measuring, tracking and improving performance in any organization. With a proactive plan that shows how to calculate performance, manage employee expectations, and support productivity, managers can implement a performance calculation example that offers proactive feedback and top performers identification.

Three main process of talent management
By using performance calculator, managers can run effective talent management processes. Talent management can be divided into three processes including the following:

  • Calculating individual and group performance. Calculating performance is one of the main processes of talent management. When calculating performance, managers can apply performance calculation software which offers tools to customize performance calculation formula and actually serves as the way to answer the question 'How to calculate performance'.
  • Reaching goals. This process includes measures to align individual goals with group goals. Performance calculation software will let managers calculate performance per individual goal and find employee potential for achieving corporate goals. Calculating performance of group goals should be done in strict accordance with strategic objectives.
  • Developing top performers. Since performance calculator helped discover those employees who showed the highest performance, managers can develop talents of the top performers who will meet new challenges in the future and accomplish strategic objectives. Performance calculator will let apply new performance calculation formula and performance calculation example.

As the paragraph above shows, performance calculation software is an essential tool throughout the complex of processes of talent management. Performance calculation software facilitates measurement and execution of performance objectives across all levels of talent management.

Performance calculation software - Run effective talent management in your organization

Expected benefits from performance calculator
What are the benefits you can expect from implementation of performance calculation software? Here's a list of the main benefits:

  • Less time and money are spent on managing and tracking talent management processes
  • Enhanced employee productivity since objectives are aligned with organizational strategy
  • Improved well-timed completion of tasks and goals and better work results
  • Reduced turnover, improved employee engagement and higher attraction of top talent to the work

To turn these expectations into real opportunities for your organization, you can use VIP Task Manager Professional edition. This is client-server software for task management and employee performance measurement.VIP Task Manager offers performance calculator solution that can provide your organization with a measurable return on your investment. The Custom Fields functionality in VIP Task Manager Pro serves as a performance calculator that lets you design a performance calculation formula and customize a performance calculation example to calculate performance of your employees.

Read also a new article about process management - project management client-server software for Windows

     

All Travel Checklists

new CentriQS -15% OFF
Business management software
for small & midsize enterprises

Play Demo

VIP Task Manager
Task management software
for teams & small offices
Play Demo / Download

 
 
 
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