What is Continuous Performance Management in SAP LOD-SF - SAP SuccessFactors?

SAP Term: Continuous Performance Management

• Component: LOD-SF

• Component Name: SAP SuccessFactors

• Description: A solution that facilitates ongoing one-on-one discussions between employees and managers to help ensure activities, achievements, and goals stay on track throughout the year.

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• Key Concepts: 
  Continuous Performance Management (CPM) is a feature of the LOD-SF SAP SuccessFactors suite of products. It is designed to help organizations manage employee performance in a continuous, ongoing manner. CPM enables organizations to track and measure employee performance over time, providing visibility into how employees are performing and helping to identify areas for improvement. 
  
  How to use it: 
  CPM can be used to set goals and objectives for employees, track progress towards those goals, and provide feedback on performance. It also allows managers to provide recognition for employees who are meeting or exceeding expectations. Additionally, CPM can be used to identify areas where employees may need additional training or support in order to improve their performance. 
  
  Tips & Tricks: 
  When setting goals and objectives for employees, it is important to ensure that they are realistic and achievable. Additionally, it is important to provide regular feedback on performance in order to ensure that employees are aware of their progress and any areas where they may need additional support. 
  
  Related Information: 
  For more information on Continuous Performance Management, please visit the SAP SuccessFactors website at https://www.successfactors.com/en_us/solutions/performance-management/continuous-performance-management.html