Performance Reporting and Performance Management

“You know you’ve achieved perfection in design, Not when you have nothing more to add, But when you have nothing more to take away.”

Antoine de Saint-Exupery

Performance Reporting and Performance Management are often approached as two distinct topics and owned by different functions – reporting is traditionally an accounting / finance responsibility, and performance management a topic for HR. Recent reports have suggested that for many organizations both reporting and management are out of control and broken, sometimes to the point of being counterproductive.

We can help assess, design, and implement integrated performance reporting and management processes intended to meet the four conditions for management innovation described by Gary Hamel in “The Future of Management”:

“Turns out you don’t need a lot of top-down discipline when four conditions are met:

1. First-line employees are responsible for results

2. Team members have access to real-time performance data

3. They have decision authority over the key variables that influence performance outcomes

4. There’s tight coupling between results, compensation, and recognition