Unlocking Workforce Potential with Employee Performance Reviews

Unlocking Workforce Potential with Employee Performance Reviews Using the Microsoft Office System

Employees are often a company's most valuable asset, since they have the greatest potential to influence the bottom line. To realize this potential, the work of employees should be aligned with and further the goals of the company. Unfortunately, most performance review processes are not designed for this purpose. A performance review solution based on the Microsoft Office System gives companies the power and flexibility they need to bridge the gap between employee potential and corporate performance.

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  Situation
  Solution
  Benefits


Situation

Many companies realize that their most strategic asset is their employee base. With competitive pressures increasing on many fronts, companies understand that performance review processes are strategic to helping optimize their workforce.

Yet, today this process is often time-consuming and chaotic. Many companies struggle with the following issues:

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Employee performance is not tied to company strategy.

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Important workforce data is trapped in documents.

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It is difficult to recognize and map employee skills/talents or gaps against corporate needs.

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Companies have inefficient processes and/or lack employee adoption of existing processes.

Graphic showing performance review challenges for managers, employees, and human resources departments

Figure 1  Graphic showing performance review challenges for managers, employees, and human resources departments

These challenges cause the employee performance review process to be slow and cumbersome, and can also indicate that a company's workforce is not optimally aligned with corporate objectives. Additionally, bottom-line results can suffer.


Solution

Employee performance review solutions based on the Microsoft Office System can help companies tie employee performance reviews to overall corporate strategies. Specifically, a Microsoft Office System-based employee performance review solution can help address an organization's needs with three main components:

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Central, Personalized Review Portal. A central location for all employee performance review process-related information and documentation that provides role-based access so employees and managers see only role-appropriate material.

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Performance Review Form Automation. Automation of key performance review documents, including integrated line-of-business data, linking of employee and manager goals, and automatic routing and approvals.

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Comprehensive Management and Reporting. A centralized view for managers and human resources (HR) departments to manage the employee review process in a consistent, visible manner, including the ability to have individual employee goals, objectives, and skills pulled from review forms and made available for summary reporting.


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Benefits

By adopting an employee performance review solution that uses the Microsoft Office System, companies could realize the following benefits:

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Employee performance will be tied to overall company goals.

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Manager reviews will be aligned to their employees' goals.

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Review processes become structured and efficient—reducing the time spent on these processes and improving the outcome.

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Employee skill sets will be contained in a central location for mapping and reporting against company goals for future talent gap identification.


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