Washington, DC -- (SBWIRE) -- 08/31/2009 -- Lifecycle Performance Professionals unveils 35 performance management best practices that drive organizational success. When applied, these best practices significantly improve organizational performance and save costs.

Lifecycle Performance Management is the process in which these best practices are applied. While there are numerous performance management solutions, Lifecycle Performance Management provides a step by step enterprise approach that applies 35 performance management best practices, a suite of templates, plans, guides, and training materials, and an Organizational Performance and Best Practices Analysis that identifies performance strengths, weaknesses and cost savings opportunities, and provides a custom performance management plan.

"There are people out there who are trying to improve their organization's performance, who are good managers, and just need an effective process to transform their organization's performance," says Victor Holman, CEO of Lifecycle Performance Professionals. "We have developed a much needed, turnkey system for applying a phased enterprise approach that focuses on applying performance management best practices and leveraging existing resources."

"Most companies have some form of performance management processes in place, such as baselining current performance, applying a set of performance metrics, identifying goals and creating a plan to reach those goals," says Holman. "But where most companies fail are in the intangibles, such as gaining employee acceptance and buy-in, aligning performance to organizational objectives, choosing the right business intelligence tools, etc. It's the intangibles that can bring a performance initiative to a halt. This is why we've identified these best practices. To help organizations avoid these common mistakes that so many companies make."

The 35 best practices span across the five phases of Lifecycle Performance Management: defining, planning, executing, monitoring and reporting. Each best practice contains a series of sub-processes that cover the practice. A list and summary of the best practices can be found at
http://www.lifecycle-performance-pros.com/index.php/Performance-Management-Best-Practices/ .

Performance management is becoming an important topic that many organizations are being forced to address. With a looming recession, workforce reductions and tightening budgets performance management may be the key to customer loyalty and organizational success. Performance management is also a growing concern among the public sector in desperate need to justify costs and establish a culture of accountability.

"We understand that practically all businesses need a high-value, low cost solution for maintaining competitiveness and performance in a declining economy," says Holman. "The goal of Lifecycle Performance Management is to tackle tough issues in performance management and provide processes that overcome the common obstacles that most organizations face. Simply buying tools and outsourcing services does not give executive management the insight they need to drive decision-making."

"Many companies spend hundreds of thousands of dollars on business intelligence tools that are underutilized, or don't live up to their potential simply because their internal processes are not in line with the capabilities of these complex tools," says Holman. "Performance management starts within the organization, with the internal processes that educate employees and drive organizational success."

About Lifecycle Performance Professionals
Lifecycle Performance Professionals provides performance management consulting and products that help organizations reach performance goals through best practice analysis and implementation and custom enterprise performance management solutions. Learn more about Lifecycle Performance Professional's Organizational Performance Analysis and performance frameworks at http://www.lifecycle-performance-pros.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Innovative solution teaches organizations how to apply enterprise-wide performance best practices and reach organizational goals through a sequence of key activities.

Washington, DC -- (SBWIRE) -- 08/18/2009 -- Lifecycle Performance Professionals has launched a performance solution that teaches organizations how to apply enterprise-wide performance management best practices and reach organizational goals. Lifecycle Performance Management is an enterprise-wide performance strategy involving all business units, systems and personnel. Through a sequence of key activities and best practices, Lifecycle Performance Management provides a complete approach to managing performance from the defining phase to the reporting phase.

While there are numerous performance management solutions on the market, Lifecycle Performance Management provides a step by step enterprise approach that applies 48 key performance management activities, 35 performance management best practices, a suite of templates, plans, guides, and training materials, and an Organizational Performance and Best Practices Analysis that identifies performance strengths, weaknesses, and cost savings opportunities and provides a custom performance roadmap.

"Most companies are serious about managing performance, but they just don't know exactly what steps are needed to achieve maximum performance gains," says Victor Holman, CEO of Lifecycle Performance Professionals. "Lifecycle Performance Management is an approach that not only provides these steps, but educates the entire organization on how their function supports the goals and objectives of the organization."

Performance management is becoming an important topic that many organizations are being forced to address. With a looming recession, workforce reductions and tightening budgets performance management may be the key to customer loyalty and organizational success. Performance management is also a growing concern among the public sector in desperate need to justify costs and establish a culture of accountability.

Lifecycle Performance Management addresses these concerns by leveraging internal resources to achieve the same results that organizations would otherwise get by outsourcing services. This, in return, provides significant cost savings opportunities for organizations looking to improve performance. "There are departments within an organization that manage areas of performance better than others. The premise of Lifecycle Performance Management is to measure how well key performance processes are executed throughout the organization. By fully understanding where an organization utilizes best practice processes well, that organization can then leverage those strengths and resources to departments that need them the most," says Victor Holman. Lifecycle Performance Professional's does this through their Organizational Performance and Best Practices Analysis, which analyses how well organization's apply performance management best practices and key activities. "There are key performance elements, that if not addressed properly will bring an organization's performance halt. The processes and key performance activities measured in the Organizational Performance and Best Practice Analysis ensure that you do not fall into the traps or make the same mistakes that keep most companies from reaching their goals."

Many companies spend hundreds of thousands of dollars on business intelligence tools that are underutilized, or don't live up to their potential simply because their internal processes are not in line with the capabilities of these complex tools," says Victor Holman. "Performance management starts within the organization, with the internal processes that educate employees and drive organizational success."

About Lifecycle Performance Professionals
Lifecycle Performance Professionals provides performance management consulting and products that help organizations reach performance goals through best practice analysis and implementation and custom enterprise performance management solutions. Learn more about Lifecycle Performance Professional's Organizational Performance Analysis and performance frameworks at http://www.lifecycle-performance-pros.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Washington, DC -- (SBWIRE) -- 08/11/2009 -- Lifecycle Performance Professionals is launching a performance solution that is designed to teach organizations how to apply enterprise-wide performance management best practices and reach organizational goals. Lifecycle Performance Management is an enterprise-wide performance strategy involving all business units, systems and personnel. Through a sequence of key activities and best practices, Lifecycle Performance Management provides a complete approach to managing performance from the defining phase to the reporting phase.

While there are numerous performance management solutions out there, Lifecycle Performance Management provides a step by step enterprise approach that applies 48 key performance management activities, 35 performance management best practices, a suite of templates, plans, guides, and training materials, and an Organizational Performance and Best Practices Analysis that identifies performance strengths, weaknesses, cost savings opportunities and provides a custom performance roadmap.

"Most performance solutions focus on one area within performance management, such as HR, IT, employee performance and process improvement," says Victor Holman, CEO of Lifecycle Performance Management. "Lifecycle Performance Management focuses on 48 areas that determine the success of an organization, most of which can be applied to all areas of performance management."

There are departments within organizations that manage areas of performance better than others. The premise of Lifecycle Performance Management is to measure the critical performance management processes necessary to perform at a high level. By fully understanding where an organization utilizes best practice processes well, that organization can then leverage those strengths and resources to departments that need them the most.

"Many companies spend hundreds of thousands of dollars on business intelligence tools that are underutilized, or don't live up to their potential simply because their internal processes are not in line with the capabilities of these complex tools," says Victor Holman. "Performance management starts within the organization, with the internal processes that educate employees and drive organizational success."

The goal of Lifecycle Performance Management is to tackle tough issues in performance management and provide processes that overcome the common obstacles that most organizations struggle with.

About Lifecycle Performance Professionals
Lifecycle Performance Professionals is an enterprise management consulting company delivering innovative products and services that help organizations align performance to organizational goals and increase informed decision making. Victor Holman is available for interviews and can be reached at victor.holman@lifecycle-performance-pros.com.

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm