For many companies, phenomena such as the consumerization of IT, mobile apps and the bring-your-own-device movement have caused business leaders and employees alike to question traditional corporate structures. Time-worn hierarchies, siloed departments and separation of company stakeholders are dissolving as the advantages of communication and collaboration become increasingly apparent.
One of the reasons that these traditional divisions and well-defined roles were emphasized over a more flexible office culture is that it can seem more difficult to assess employees and the company overall. However, the rise of data-driven applications like revenue performance management software can help employees crunch their numbers while still helping the enterprise office eliminate restrictive siloed thinking.
Improving the user experience
Driving real changes in company culture means starting at the bottom. It’s not enough for executives to ideate new strategies and suggest different policies – since it’s employees who will actually be working in the new environment, it makes sense to cater to them. However, company leaders understandably want to retain sophisticated measures of tracking employee performance and seeing that a more collaborative, communication-centric office culture actually produces an uptick in productivity.
Revenue performance management tools can help measure the success of changes to organizational structures with benefits for both personnel and employers. Employees have powerful tools to help track their own progress, while executives have access to management applications that can convey employee development and overall productivity in numerous engaging ways. With this powerful, mutually beneficial strategy in play, organizations are well-positioned to continue investing in self-service applications. In 2014, visual self-discovery will be a hot topic in the enterprise, according to InformationWeek. Revenue performance management software enables employees to track their own status, make inferences about their continued development and share their insights with other personnel, thereby facilitating greater productivity overall.
Leveraging revenue performance management tools to improve the bottom line
One of the benefits of breaking down organizational silos and incorporating more data analysis and business intelligence tools into employees’ daily functions is that it makes companies more efficient. The drive to do more with less is one of the top reasons businesses are investing in performance management applications, according to ITBusinessEdge. Businesses will also increasingly measure the value of new programs and directives by the extent to which they enable the company to become more agile and adaptive. Having measurement tools that blend what employees want with innovative managerial strategies ultimately creates a vibrant workplace culture hardwired for success.