What is performance/potential matrix in SAP LOD-SF - SAP SuccessFactors?

SAP Term: performance/potential matrix

• Component: LOD-SF

• Component Name: SAP SuccessFactors

• Description: A grid charting an employee's performance against their potential.

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• Key Concepts: 
  The Performance/Potential Matrix is a feature of the LOD-SF SAP SuccessFactors platform that allows managers to assess the performance and potential of their employees. It provides a visual representation of employee performance and potential, allowing managers to quickly identify areas of strength and areas for improvement. 
  
  How to use it: 
  To use the Performance/Potential Matrix, managers must first enter employee performance data into the system. This data can include ratings on specific skills, job knowledge, and overall performance. Once the data is entered, the system will generate a visual representation of the employee’s performance and potential. Managers can then use this information to identify areas of strength and areas for improvement. 
  
  Tips & Tricks: 
  When using the Performance/Potential Matrix, it is important to remember that it is only as accurate as the data entered into the system. Therefore, it is important to ensure that all data entered is accurate and up-to-date. Additionally, it is important to remember that the Performance/Potential Matrix should be used in conjunction with other methods of assessing employee performance, such as one-on-one meetings and feedback sessions. 
  
  Related Information: 
  The Performance/Potential Matrix is just one of many features available on the LOD-SF SAP SuccessFactors platform. Other features include goal setting, competency management, and succession planning. Additionally, there are many resources available online that provide more information about how to use the Performance/Potential Matrix effectively.