In this day and age, you'd be hard-pressed to find an even moderately sized business that does not rely substantially on digital software of some form or another in their day-to-day operations. It goes almost without saying that digital tools have absolutely revolutionized the ways in which we conduct business. From mundane aspects like POS systems to abstract elements like machine learning AI in ad targeting, business, and structured institutions more generally, have transcended the analog and instead depend on sometimes highly complex frameworks of interconnected digital tools. If you're reading this article, you probably already understand the various advantages of leveraging digital tools to serve your institution's needs and realize that not doing so would put you at a significant disadvantage in the current landscape. That being said, it can be incredibly difficult to find the right software for the job, and countless hours and dollars can be (and all too frequently are) wasted on acquiring and then subsequently jamming the wrong tools into the gaps you need to be filled.  

This difficulty in the acquisition of tools extends to HR tools, including Performance Management solutions. As you may have read in some of our past articles, there are a number of benefits to the application of performance management strategies in business. They provide leadership personnel with the ability to conduct oversight actions that help to improve efficiency and effectiveness in all aspects of enterprise. Without an adequate oversight mechanism in place, mistakes are bound to happen, and resources will be wasted at an elevated rate. At Infowise we believe that demoing of eligible software should be a priority during the research phase of software acquisition, and that same philosophy goes for Performance Management software. Solutions that deal directly with the human power of your business are by their very nature nuanced, so getting a hands-on and highly involved perspective on prospective products is essential when deciding which software to buy and subsequently implement. For this reason, we have developed a full demo offering for our newest product line: the Infowise Performance Review and Management Solution. This product is unique in that it includes extensive customization services from our dedicated software developers. We know the product inside and out, so who better to customize the base product to fit your business's exact needs than us?

This product handles 3 key aspects of performance management: Performance review, Goal setting, and Culture and values. We feel that these are the key elements of an effective performance management strategy and therefore have built our tool around them.

Performance review is the heart of this product. This tool allows for the collection and storage of performance review data as well as its seamless integration into other elements of the Ultimateforms SharePoint environment. The system is discrete and partitioned so that only those who are cleared to see performance review information are privy to it. As with the rest of the tool, the performance review section can be modified to fit the precise needs of your institution.

Goal setting is another hugely important element of performance management and one that we included in the foundation of the tool we developed. It is a predicate of the entire performance management process, and failing to goal set properly will kneecap not only performance management but your entire operation. Goal setting unifies your team's work and steers it toward a central institutional goal. The tool we've produced enables leadership to develop and clearly delineate goals iteratively using information gleaned from performance reviews all in the same digital environment.

The final element of our performance management system, and a consideration we abided by throughout the course of its development, is its potential to shape culture and values within your institution. An absolutely rigid and inorganic review process stifles company culture and can have a chilling effect on communication, so we ensured that our product would not exacerbate and would, in fact, improve company culture. This consideration allows leadership to study and then steer company culture and values in a direction that promotes prosperity and high morale.  

These three core elements are built into the software and can all be customized by our team to suit the precise needs of your institution. As you well know, performance management is a powerful tool for executives and leaders in modern enterprise. It enables you to truly get a clear picture of just how your organization functions and can play a large part in prosperity and success. I invite you to sign up for a software demo today where our development team will walk you through a demo to see whether or not we are a good fit for one another. If you would like to read more about performance management, please take a look at some of our past articles on the subject, or reach out directly to get in touch with us.