Veritude Report Identifies Need for Accurate Metrics

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<p><strong>Boston &mdash; June 15 </strong><br />In Veritude&rsquo;s latest Workforce Insight&rsquo;s thought leadership paper, &ldquo;How to Align Employee Performance with Business Strategy,&rdquo; Jim McCoy, senior vice president of consulting services, identifies why establishing accurate employee performance metrics is critical to an organization&rsquo;s ability to implement a successful business strategy and gain a clear definition of success.&nbsp;&nbsp;&nbsp; <br /><br />In the paper, McCoy states that business leaders can use their strategic planning process to ensure that organizational strategy and employee performance measurement are translated to front-line employees.&nbsp;&nbsp; </p><p>Implementing an employee performance measurement plan will help communicate business strategy, define desired performance behaviors, motivate employees and determine the right metrics to help a company achieve its goals.&nbsp; </p><p>In addition, performance criteria must be continually re-evaluated so that organizations can adapt to changing business environments and secure competitive advantages.&nbsp; </p><p>McCoy also said there are four key steps for implementing an employee performance measurement plan:<br /></p><ol><li>Identify the measurement criteria that are relevant to corporate strategy.</li><li>Ensure that your measurement system accurately interprets employee performance.</li><li>Continually reevaluate your performance criteria to meet changing business environments.</li><li>Communicate performance goals and key behaviors throughout the organization.</li></ol><p>Veritude experts regularly publish analysis on the latest thinking and next trends in the areas of staffing, workforce consulting, RPO and other HR topics.</p>

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