Performance Data: Gaps, Integration and Illumination
Updated: May 6, 2021
Have you given much thought to the question of perspective as it pertains to performance management?
Do you ever wonder if what you know about your team’s overall output could be easily overtaken by what you don’t know?
Have you ever spoken with a team member regarding their performance only to feel throughout the conversation as though some important item is being overlooked by both parties?
Perspective, as a broader concept, has been explored and assessed by thinkers across the ages. It’s an important topic to understand. Whether you’re a military strategist or a small business owner, there is value in knowing where everything sits at any given moment, and where it sits in relation to you and your objectives.
Recognizing a challenge or managing your everyday duties is a given, but usefully positioning yourself to assess those challenges or efficiently complete your duties is a matter of perspective. Only when you have a full understanding of your real-time circumstances can you plan and respond intelligently. This is as true on the NFL field (sorry if that’s a sore subject for any readers – lockdown, and all) as it is in the professional sector. You have to know what you’re working with to create the right plans.
And the reality is that many companies are well-outfitted on the software front but have still allowed helpful information to seep out the door before it could be acted upon. They don’t see it, because of its “dark matter” qualities, but it’s leaving all the same. And when it leaves, your ability to knowledgeably evaluate employees and blueprint cornerstone metrics, such as your company or department OKRs, leaves with it.
With renaizant in the background, you’ll have a twofold process designed to keep that information with you.
The first part of that process involves simply illuminating the “dark matter” so you know what you’ve been overlooking. There are gaps in almost all software tools, and it’s in these that so much integral data finds itself stuck and eventually discarded. By illuminating those gaps, you’ll have visibility into information resources that would otherwise have gone unnoticed.
Second is an integration step which interconnects HCM software to create an airtight network of performance management data. Communications, tracking tools, reporting systems - independently, they serve a narrow purpose; when integrated, they can reveal a lot. Meaning, they can provide you with actionable perspective. The question is, why haven’t you interconnected them yet? The follow-up question is, are you certain your objectives reflect your actual performance capabilities? The last question (for now) is, are you gathering the right data to know one way or the other?
As the fundamentals of corporate/professional sector work have changed – and will continue to change – the need for integrated tools is becoming more and more apparent. Siloed information obviously has its applications, but that approach to data management tends to yield a limited field of vision, one devoid of necessary light. renaizant is on hand to illuminate, and we can certainly expand your perspective.
Would you like to see what that perspective could mean for your company’s performance management?