Reporting performance has been associated for a long time with negative feelings, as both managers and employees have linked it with the consequences of not meeting targets. For some companies reporting performance is just a regulation imposed by financial authorities, while for others is a way of communicating and gaining trust of stakeholders.
Performance reporting is no longer just a legal regulation for companies, as it has become an instrument to improve brand image through transparency and by showing interest not only in the financial area, but also towards employees, environment and community.
smartKPIs.com Performance Architect update 38/2011 As we are half way through 2011, it is an excellent time to take stock of the trends shaping up in the performance management space this year.
Environmental issues are today a hot topic on almost every government’s agenda. As the 2010 Environmental Performance Index (EPI) report states “there has never been a more pressing need for effective environmental policies as there is today”.