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Upcoming End-of-year Performance Evaluations Become Easy With New Software From CCHKNOWLEDGEPOINT
All New Performance Now 4.0 Provides Solution for "Blank Page Syndrome" of Writing Performance Reviews
PETALUMA, CALIF., (October 10, 2002) - Annual end-of-year performance
evaluations are just around the corner - and for many managers, it's
a season of dread. Confronted with the blank page of a performance
review, managers frequently struggle to come up with the right words
to describe employee performance, wasting hours of valuable time in
the process. CCHKnowledgePoint's Performance Now, the leading choice
for writing performance reviews since 1994, is now better than ever
with today's launch of version 4.0.
Adding substantial new features, Performance Now 4.0 provides the
best solution available for dealing with the "blank page syndrome."
As the manager rates employee performance on a high/low scale, Performance
Now's exclusive Intelli-Text technology automatically generates meaningful
supporting text. The user edits the text as needed, then runs it through
Performance Now's Language Checker to spot legally sensitive or inappropriate
words. Instead of struggling with what to write, managers are able
to focus on conducting productive performance discussions with employees.
Once this year's performance review cycle is complete, managers can
continue using Performance Now 4.0 to improve employee performance
year round. "To affect an organization's bottom line, performance
management needs to become a continuous process, not a once-a-year
event," stresses Ian Alexander, president of CCHKnowledgePoint.
Goals for the next review cycle can be set with Performance Now's
goal setting feature, which also helps managers monitor goals and
measure final results. The Employee Log function makes the next review
even easier by allowing managers to document employee performance
throughout the year, then simply cut and paste examples from the Log
into the performance review. The result is a comprehensive, well-documented
appraisal that provides employees with the kind of meaningful feedback
that not only improves performance, but can also boost retention rates.
"Despite the slowing economy, retention remains a critical issue
for the small business sector," Alexander states. "Research
shows that one of the top reasons employees leave companies is a lack
of feedback from their managers. Establishing a solid, year-round
performance management process can help small businesses keep the
kind of skilled workers that can be so difficult to attract and retain."
New Features Added to Performance Now 4.0
The newest version of Performance Now goes even further to support
the performance appraisal and employee development processes. New
and enhanced features include:
· New competencies: 13 additional competencies have been added
to Performance Now 4.0, including management-level competencies such
as Achievement Focus, Change Management, Strategic Thinking, and Visionary
Leadership. These additions bring the total to 45 pre-loaded competencies.
Coaching ideas library: A new library with more than 2,000
competency-linked coaching ideas contains suggestions to improve weak
performance - and to challenge high achievers and keep them motivated.
Organizational goal linking: Create goal categories that
link back to your top-level organizational objectives. This helps
identify individual employee goals that align with departmental and
overall company strategy.
· More flexible form design: Customize your performance management
review form, assign weights to goals and competencies, customize explanatory
text or instructions for performance competencies and sections of
the review, even change rating breakpoints. This ensures the performance
review form matches your company's performance management approach
Availability, Pricing and Operating Requirements
Performance Now 4.0 is available now and offered at the suggested
retail price of $179. This program runs on a Pentium-based computer
with a minimum of 32MB RAM and 65 MB hard disk capacity, and requires
The CCHKnowledgePoint brand leverages KnowledgePoint's innovative
technology and CCH's authoritative human resources content to provide
integrated solutions that meet HR professionals and frontline managers'
essential needs. CCH INCORPORATED, a provider of employment law information
and software, is a wholly owned subsidiary of Wolters Kluwer North
America, which acquired KnowledgePoint in 2000. For more information
about CCHKnowledgePoint products and services, please visit www.cchknowledgepoint.com
or call 1-800-339-0104.
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