The Employee Performance-Strategy Execution Divide
ePeoplePower fills a significant
employee performance-strategy execution divide in Performance Management.
ePeoplePower does this by integrating a comprehensive Employee Performance
Management System within a robust Enterprise Performance Management (EPM)
framework.
How EPM and HR Solutions Work:
Top managements use EPM solutions for monitoring and managing enterprise
performance. However, top managements also know that the success of strategy
execution depends heavily on employee performance. This is where HR comes in.
The human resources department is expected to manage employee performance in a
way that aligns people to strategy and ensures realization of the organization's
corporate goals.
While the interconnectedness and logic of performance management presents a
strong case for convergence of employee performance and strategy execution,
solutions in both domains have largely not taken the cue. This has significantly
reduced the benefits that technology can deliver as an enabler. Thus, while
Enterprise Performance Management software or solutions have a less than
adequate employee performance dimension, HR solutions and Employee Performance
Management software fail to integrate the strategy dimension. The result of this
lack of convergence is sub-optimal performance, among people and organizations.