Are you in the loop?: Top Reasons why Data Democratization delivers better performance

Posted by KPISOFT on Jun 27, 2018 8:01:39 AM

For years, the problem of miscommunication has plagued companies. Lack of a proper hierarchy of decision making and scarcity of relevant actionable information has led to organizations missing out on key performance dips and the less speedy generation of insights that can benefit the organization. In most companies, the handling of data is left to the specialized data scientists and the IT department. As such, information insights are generated that much slower with less accuracy than expected.

Democratizing data in the organization would mean that every user can query, understand and apply critical data at faster rates than ever before. As such, let us look at the two biggest reasons a company needs Data Democratization.

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Topics: performance management, millennials, empower your employees, productivity

Millennials and Gen Z

Posted by Jay Pila on Jun 14, 2018 2:31:11 AM

Over the course of the past 20 years, we have seen a steady shift of our workforce towards the Millennials and GenZ’ers. There are some very clear and distinct characteristics of the modern workforce that differ from the aging workforce, that are not being leveraged today. When effectively understood, they have a clear and immediate impact on Enterprise Performance, which ultimately leads to sustainable economic benefits for their shareholders.

Millennials and GenZ’ers have one significant thing in common that differs from prior workforce generations, they have grown up having been apart of the digital world. In the case of Millennials, entering the digital world was more of a right of passage than for GenZ, who are being given mobile devices at earlier ages as time goes on.

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Topics: millennials, performance converstaions, performance visibility, artificial intelligence, machine learning, AI, employee performance

Make Your Company's Performance This Year's Top Priority

Posted by Susan Green on Feb 16, 2017 12:15:43 AM

Dr. Sandra Pereira, CEO KPISOFT
Co-author

What’s your #1 priority this year? 6 tips to make 2017 your best performing year ever!  

In 2017, all eyes will be on you and how your company performs. Economists are keeping a close watch on all indicators of change. Politicians are measuring; media is listening; workers are rallying; and consumer confidence is once again on the rise.

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Topics: performance management, productivity, talent management, customer experience, goals, tips for better performance, dashboards, artificial intelligence, strategy, execution, kpi, performance improvement, big data, analytics, leadership, retention, millennials, customer satifaction, work productivity, kpi reporting, integrated business view

The Workplace is Changing – Are you Listening? Asia Pacific Edition

Posted by Susan Green on Aug 8, 2016 9:45:18 AM

The Challenges Facing Asia Pacific

Over the past three years, in a recovering economy, businesses have been busy creating new strategy to meet the demands of the next 5 years. In Asia Pacific, just as in the US, workplace needs are revolving around demographic trends. These trends will play an important part in how company culture is being re-shaped to meet the demands of a smaller pool of resources. While the labor pool shrinks, the need for greater skills will rise. To fill the gaps, streamlined business practices and advanced technology will be key for success.

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Topics: millennials, performance management, Virtual Workforce

What is All the Noise About Millennials?

Posted by Susan Green on Jun 24, 2016 11:30:00 AM

Why Millennials in the Workplace Are Getting all the Attention

Over the past 15 years, Boomers began exiting the workplace in a slow dribble. But, that’s about to change. According to a recent survey done by Deloitte, “Millennials, who are already emerging as leaders in technology and other industries and will comprise 75 percent of the global workforce by 2025, want to work for organizations that foster innovative thinking, develop their skills, and make a positive contribution to society.”

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Topics: millennials, managing employees

The Workplace is Changing – Are you Listening?

Posted by Susan Green on May 27, 2016 12:29:31 PM

Over the past three years, in a recovering economy, businesses have been busy creating new strategy to meet the demands of the 21st century.

Baby boomers are retiring and Millennials are entering the workforce in droves.  Expect some changes…. This new generation of workers has arrived………. with expectations not seen since the “women’s rights” movement of the 1960s and 70s. Your corporate culture will shift to a more versatile and flexible workplace as the Millennials and Post Millennials take their seat at the leadership table. 

What will it take to become, or remain, an “A Player?”  According to a new survey released by Deloitte, The New Organization: Different by Design, The 2016 Global Human Capital Trends, there are 10 human capital trends companies will start to experience that will have immediate impact on how they recruit, train, promote and retain employees. 

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Topics: millennials

How to Adapt Your Performance Management Process to the Millennials

Posted by NAVEEN DESHPANDE on Jan 19, 2016 6:00:00 AM

Millennials are demanding big changes to traditional performance management.

Some call them entitled, lazy, disloyal, and shallow. Others call them ambitious, entrepreneurial, tech-savvy, and innovative. Regardless of your personal opinion about millennials, the fact is that they are taking today’s workplace by storm and will soon be the dominant force in enterprises around the world. If you haven’t already adapted your company’s performance management process to the changing needs and preferences of millennials, the time to start is now.

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Topics: performance management, millennials

2 Big Reasons To Let Go Of Traditional Performance Management

Posted by NAVEEN DESHPANDE on Jan 12, 2016 6:00:00 AM

What's wrong with traditional performance management?

In regards to his company's performance appraisals, Pierre Nanterme, CEO of Accenture, was recently quoted saying, “We’re done with that.”

It’s a bold statement, to say the least. But Nanterme is right, and he’s certainly not alone. Traditional practices, processes, and methodologies are dying, making way for a new generation of performance management. Here are two big reasons it's time for you to make the shift, too.

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Topics: performance management, millennials

Why Traditional Performance Reviews Make Millennials Want to Quit

Posted by Ravee Ramamoothie on Jan 5, 2016 6:00:00 AM

When was the last time you didn't dread your annual performance review?

Even if you’re a star employee, the answer is probably “never.”  And it’s especially true for millennials.

In fact, in a 2015 Wakefield Research study, the dread of an annual review caused almost 25% of millennials to call in sick, and over a quarter of all survey participants have started a job hunt as a result.

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Topics: performance management, millennials

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