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Performance Management

The iCaptus system:

iCaptus is a performance management system. It assists with the planning, organizing and controlling of employee performance. The iCaptus solution is an innovative tool to manage the human capital and to attain organizational objectives. Attaining the corporate objectives requires a motivated workforce. Targets are achieved when the employees are working towards common objectives. Employees need to understand the purpose for achieving targets, and it must be communicated by the managers. An organization that is able to keep their human capital focused is able to obtain the desired results.

Dealing with change:

Change is inevitable because of the external environment, and because of globalization. Competition has placed a heavy burden on companies to perform. Companies must adapt to change quickly and be willing to restructure if they want to survive in this fast paced economy. The organization must implement an effective strategy in order for the workforce to embrace changes. Planned interventions are necessary for organizations that want to remain competitive within the industry.

Superior performers:

There is a great need to identify the high achieving employees because they contribute to the organization significantly. Once the top performers are identified, they must be developed to fill key positions. High performing employees are a source of great wealth for the organization. They have the potential and the capability to manage the organization effectively. Their talents must be maximized to facilitate the organisation’s growth and success.

Rewards and recognition:

When performance is increased, the employees must be rewarded. Recognition is provided for those who are motivated and accomplish the corporate objectives. Recognizing improved performance is important, and the managers must reinforce it. Having a solid performance system in place is required to keep the workforce focused on achieving the corporate objectives. Performance needs to be documented and monitored, and the system must capture this data. The data can be transformed into information and it may be used for compensating employees. The information can also be utilized to promote employees from within to higher positions.

The process:

Managers must follow a methodology in order to assess how the employees are performing in their jobs. Employees have pre-established targets that need to be achieved, and the manager needs to provide ongoing and constructive feedback on their performance. By implementing an effective performance system; employees know what is expected from them. The objectives and the job expectations are clearly defined. Employees will be motivated to accomplish the goals when they are given a vision and clear instructions.

Training and development:

Employees that want to improve and grow will embrace the organization’s efforts towards implementing a performance management system. An effective system includes a self development plan. Training and development activities need to be incorporated within the performance system in order to correct issues and to identify areas that need improvement. As a result, developmental activities which are needed for employees to acquire the knowledge and develop new skills will be an ongoing process.

Documenting performance:

The iCaptus system facilitates the employee assessment and development process and it establishes the criteria for measuring job performance. iCaptus is an effective system that tracks the rating of employee performance. It keeps records of performance improvement and the ongoing feedback from the managers.

Using iCaptus:

-Increases the effectiveness of completing assessments through the use of an automated process.
-Identifies competency gaps and implements strategies to correct them.
-Aligns corporate goals and strategy to achieve organizational results.
-Consolidates job descriptions.
-Encourages ongoing communication between managers and employees.
-Assists employee training and career development activities.
-Tracks employee performance and identifies high potential employees.
-Establishes performance standards.

Recognizing employee skill development is an essential element for an effective performance management system. Acquiring knowledge and learning new techniques benefits the organization. Communicating specific areas of improvement by the manager is necessary in order to know what changes need to be made.

The constant communication between the manager and the employee is essential to ensure the desired results. Designing an effective performance management solution is key when planning and controlling employee performance.

Contact the iCaptus professionals for any enquiries on our powerful and effective solutions to improve and manage your organization’s performance.

 
 
 
 
 
                 
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