MOTIVATIONAL SYSTEM
By implementing the motivation system in the company, we increase employee performance and boost their motivation.
When implementing KPI and the motivation system in the organization, we are guided by the Balance Scorecard (BSC) methodology, which is one of the most successful and recognized methodologies on the global market. Successful application of BSC in the organization provides the possibility to measure the daily performance of hundreds of staff members and help achieve the organization’s strategic objectives. The indicator system is integrated into the motivation system, and the reporting and the so-called Dashboard systems are designed to implement them.
A properly developed and implemented KPI system enables the management team to ensure greater productivity and maintain a high level of freedom in the organization. This positively affects employees’ performance and increases their motivation and capacity.
When implementing KPI and the motivation system in the organization, we are guided by the Balance Scorecard (BSC) methodology, which is one of the most successful and recognized methodologies on the global market. Successful application of BSC in the organization provides the possibility to measure the daily performance of hundreds of staff members and help achieve the organization’s strategic objectives. The indicator system is integrated into the motivation system, and the reporting and the so-called Dashboard systems are designed to implement them.
A properly developed and implemented KPI system enables the management team to ensure greater productivity and maintain a high level of freedom in the organization. This positively affects employees’ performance and increases their motivation and capacity.
When implementing KPI and the motivation system in the organization, we are guided by the Balance Scorecard (BSC) methodology, which is one of the most successful and recognized methodologies on the global market. Successful application of BSC in the organization provides the possibility to measure the daily performance of hundreds of staff members and help achieve the organization’s strategic objectives. The indicator system is integrated into the motivation system, and the reporting and the so-called Dashboard systems are designed to implement them.
A properly developed and implemented KPI system enables the management team to ensure greater productivity and maintain a high level of freedom in the organization. This positively affects employees’ performance and increases their motivation and capacity.
PROJECT PHASES
01
Strategic goals:
Specify strategic goals for each position
02
Indicators:
Develop indicators for each position
03
Select indicators:
Select indicators through different criteria
04
Calculation methodology:
Define calculation methodology and formulas
05
Target indicators:
Define targeted results for indicators
06
Bonus budget:
Determine the budget for bonuses
07
Agreement with employees:
Agree on target indicators with employees
08
Action plan:
Identify the actions needed to initiate the motivational system
09
