Electronic Performance Management Systems: Pros & Cons

General Essence of Electronic Performance Management Systems

Electronic performance management systems (E-PMS) are a new generation of business process analytics. Such mechanisms allow distributing all necessary information among employees and integrating essential indicators into long-term goals. E-PMS creates an efficient feedback loop, which contributes to optimizing all structural units and a real-time report (Holland, Cooper & Hecker 2015, p. 162). It means that these systems make it possible to identify the problem and eliminate it at the initial stage of development.

For productive work, any enterprise needs to look for solutions that fully meet its needs and in no way imply a change in the production process. According to Jeske and Santuzza (2015, p. 64), in this case, there is a high necessity to use electronic resources that can systematize the information available to the company, efficiently distribute responsibilities among employees, and describe all the prospects and goals to be pursued. Therefore, the use of such systems in modern large and small organizations is many current business technologists’ object of study.

Haven’t Found The Relevant Content? Hire a Subject Expert to Help You With
Electronic Performance Management Systems: Pros & Cons
Post Your Own Question And Get A Custom Answer
Hire Writer

Advantages of Electronic Performance Management Systems

It is not a secret that any organization, large or small, tries to work efficiently. Thus, all the companies are looking for ways to increase profits and strategically position itself for the future. As Onnasch et al. (2014, p. 479) remark, the use of E-PMS allows an enterprise to make business decisions in advance and implement business strategies based on reliable information. Electronic performance management systems include data about revenues, purchases, attracted customers, client profitability by demographic characteristics, customer accounts balance, analysis of sales channels, and online promotion. It means that these systems combine complete internal and external information about work processes. Thus, at all the levels of any enterprise, it is possible to trace the role of each group on the way to achieve a specific goal, thereby saving time and resources. E-PMS optimize corporate activities; they determine a winning strategy and the best ways to implement it.

The functioning of automated financial management systems makes it possible to reduce the amount of counting work significantly, work on processing documents, and calculate deviations of actual data from planned objectives when performing in-depth analysis. Modern information systems offer great opportunities, but the benefits can be lost because of inefficient and expensive management of the deployment and support of such resources (Jeske & Santuzzi 2015, p. 73). Integrated management systems, due to their high efficiency, pay off quickly, save money that is spent on managing operations, and open up opportunities for more productive management of the enterprise as a whole. What concerns approval, for example, Al-Raisi, Amin, and Tahir (2011, p. 25) note that the prevailing number of surveyed UAE residents working in large companies confirm the effectiveness of these systems. According to the authors, young people aged from 23 to 28 (20.8% of respondents) more actively support such technologies than older employees (Al-Raisi, Amin & Tahir 2011, p. 25).

Thus, the creation and implementation of various information networks should be organized on a single database with the application of the general principles of support and operation.

Disadvantages of Electronic Performance Management Systems

One of the drawbacks may be an irrational use of resources, as well as a lack of interaction with the user. The degree of centralization or decentralization depends on the number and importance of decisions made at the lower level (Jeske & Santuzzi 2015, p. 75). The disadvantages of electronic performance management systems can be weak mobility and modifiability and significant expenditure of processing time. Accordingly, decentralization ensures the priority and simplification of decisions, as well as the stimulation of workers’ initiative.

In the process of introducing electronic performance management systems, there are also some financial risks since the cost of creating E-PMS is rather high. According to Holland, Cooper, and Hecker (2015, p. 170), quite often, outside consultants are involved in optimizing new networks and, as a rule, do not know the features of a particular enterprise and need time to study them. Also, the employees of a specific industry participating in the process of creating electronic systems are compelled to combine their current duties and responsibilities in developing an information base. The consequence of involving third-party specialists can be dependent on the developer.

However, even if a particular system is produced by the staff of one enterprise, there is a risk for potential shortcomings. The development of the system usually takes a long time. Moreover, with the appearance of new business lines and changes in accounting, new development and introduction of new technologies are needed (Onnasch et al. 2014, p. 485). It is necessary to keep programmers, task managers, and analysts in the state of the enterprise. The system is supported by the developers, and if chief specialists leave the company, there may be problems with the support and operation of the system.

General Evaluation of Perspectives

The introduction of electronic performance management systems has some specific advantages and disadvantages that are extremely important to consider. Managers of a particular company must take into account the distinct characteristics of an enterprise; otherwise, the use of new technologies can bring more problems than good. If all employees understand the importance and functionality of such resources, their use will probably be more rational and successful. The increasing demand for innovative technologies development is quite an understandable and logical phenomenon in the current conditions of computerization of production.

Reference List

Al-Raisi, A, Amin, S & Tahir, S 2011, ‘Evaluation of e-performance analysis and assessment in the United Arab Emirates (UAE) Organizations’, Journal of Internet and Information System, vol. 2, no. 2, pp. 20-27.

Holland, PJ, Cooper, B & Hecker, R 2015, ‘Electronic monitoring and surveillance in the workplace: the effects on trust in management, and the moderating role of occupational type’, Personnel Review, vol. 44, no. 1, pp. 161-175.

Jeske, D & Santuzzi, AM 2015, ‘Monitoring what and how: psychological implications of electronic performance monitoring’, New Technology, Work and Employment, vol. 30, no. 1, pp. 62-78.

Onnasch, L, Wickens, CD, Li, H & Manzey, D 2014, ‘Human performance consequences of stages and levels of automation: an integrated meta-analysis’, Human Factors, vol. 56, no. 3, pp. 476-488.

MyhomeworkGeeks
Calculate the price of your paper
Pages (550 words)
Approximate price: -

Why Hire a Professional Essay Writer from MyHomeworkGeeks

Quality Urgent Essays

Domyhomeworkk online platform provides the best essay writing service ever received elsewhere, thanks to our professional essay writers. Experience gained in the 10+ years of being in the assignment writing industry is also an added advantage.

Professional and Experienced Academic Writers

A lot is done to maintain us as the best essay writing service provider. Besides owning a degree from a recognized university, a writer must pass the rigorous tests we take them through before they are considered eligible to offer urgent essay help on our website.

Affordable Urgent Assignment Help

Who said a reliable website should not be cheap also? While it is human nature to associate prices with quality, that does not always work. At domyhomeworkk.com, we guarantee you cheap and urgent essay help without compromising the quality.

24/7 Available Urgent Essay Writing Service

Whether it is a ‘write my essay for me cheap’ or ‘edit my essay’ order you want to request, always feel free to reach us at any time of the day. Our experts work in shifts to ensure that you access urgent essay writing services at any time of the day.

Plagiarism Free Essays Online

The punitive measures that come with plagiarized content are so harsh, and we understand that. We consequently ensure to write each client’s papers from scratch no matter how urgent the essay is. To acknowledge borrowed content, our quick writer references and cites the work.

Wow Customer Support 24/7

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

So much stress and so little time? Take care of yourself: let us help you with your tasks. We offer all kinds of writing services.

Essays

Custom Essay Writing Services

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission and Business Papers

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Editing

Editing and Proofreading

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Coursework

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.

Have a homework question? Get help from verified tutors now!