In a tougher financial climate it is increasingly important to give direction and focus the organisation on the things that matter and to provide tools that everyone understands to do so.

In order to truly get benefit from a Performance Management initiative in your organisation – you have to ensure that the entire company is involved in the process and become part of the cultural shift towards increased corporate performance.

By clearly defining goals, creating the expectations that the goals will be measured and rewarded against, and preparing the organisation for the use of easy to understand tools, you can maximize the financial impact of the initiative.

Imagine if an organisation has 5,000 employees, and the average cost per employee per day is estimated to 200 euro, a decrease its sick leave by 1 percent point will increase the profit by almost 2.5 million euro. A good work environment, clear goals and focus on the reduction of sick leave, will contribute to a decrease in the sick leave.