04-06-2011 03:37 PM CET - Business, Economy, Finances, Banking & Insurance
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New report makes compelling case for automating performance management Investment in new systems boosted as companies seek high performance culture

Press release from: ETSplc

London, 1st April 2011 – A new original HR insight paper published today highlights the importance of investment in employee performance management as companies strive to retain their talent and embed a high performance culture. ‘Automatic for the people: why automation of performance management is an organisational imperative’ has been written by leading human resources consultancy ETS.

The paper reveals that nearly 40% of employees are dissatisfied with the performance appraisal process , strengthening the case for companies to reconsider their approach. It outlines how taking performance management online can result in numerous benefits across three areas: efficiency and compliance, process improvement and business transformation and performance. This arguably makes automating performance management a prerequisite for effective people management.

Hannah Stratford, Head of Business Psychology at ETS and the author of the report, comments: “The paper will be a useful resource for HR practitioners yet to automate performance management processes, helping set out a robust business case for doing so. It’ll also be of interest to organisations already using an automated performance management system that has not delivered the desired results.”

Here’s an overview of topics covered within the paper:

• How an automated performance management solution can lay the foundations for successful talent management.
• Building a business case for automating performance management – what is the return on investment.
• Why a bespoke or ‘best fit’ solution will offer greater success for companies than an off-the-shelf equivalent.
Hannah Stratford continues: “Performance management is a critical business process that many organisations aren’t getting right. Implementation of an effective solution helps unlock the full potential of individuals and maximise business performance. A bespoke approach and system, offers the ‘best fit’ for larger companies rather than an off-the-shelf package. Our experience shows that what works for one company often fails for another.”

ETS plc is the only major provider of bespoke HR technology and consultancy. ETS plc provides blue-chip companies with employee surveys, performance management and talent management services. ETS clients get exactly what they need by working with us to create brand-new processes and technology or by automating and improving what's already working. Client case studies are available on the website: www.etsplc.com.

ETS plc has no links with ETS Europe, the national curriculum test marker, and the similarity of names is a coincidence.

For further information, please contact: Ben Egan, +44 (0)1932 219 940 / ben.egan@etsplc.com

Expert Training Systems plc
123 New Zealand Avenue
Walton-on-Thames
Surrey KT12 1QA

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News-ID: 169924
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