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January 12, 2017 | Talent Management Software | Posted by Ascentis Thought Leadership

Using Peformance Management Software as an Important Part of your 2017 Performance Management Strategy

Taking your 2017 performance management strategy to the next level with performance management software

We live in a culture of instant response. When people communicate, they expect an almost immediate reply, and waiting can create frustration and concern. This expectation has crossed over into the workplace. As a result, employees seek quick and meaningful responses from their managers and colleagues. Understanding and delivering the real-time feedback that employees crave is a key step toward keeping your organization’s most valuable asset engaged and fulfilled in the workplace. Doing so via a performance management software solution is one of the most effective ways to accomplish this goal.

Neuroscience data confirms that when we hear something that brings us pleasure --such as positive feedback--our brains release dopamine, a neurotransmitter which activates positive emotions. The scientific publication “Neuroscience of Engagement” by David Rock of the NeuroLeadership Institute, states that “Data gathered through measures of brain activity suggests that the same neural responses that drive us toward food or away from predators are triggered by our perceptions of the way we are treated by other people." Continual positive feedback strengthens the action that was praised and establishes a pattern of good work behaviors, which result in engaged and happy star performers.

Because real-time feedback is at the core of newly evolved employee engagement strategies, trend-setting organizations have discovered the tools and software necessary to support a more dynamic performance management environment. Additionally, many companies are automating the performance evaluation process to facilitate more regular real-time feedback, and to create digital records of performance, growth, and competence.

With more than 35 years of experience in providing Software as a Service (SaaS) solutions, Ascentis thought leaders have become a respected source for insights, tips, and innovations in the Human Capital Management (HCM) space.