Performance Management

According to the calculation of independent institutes the reduction or loss of performance of employees does cost the overall economy 100 billion Euros, around 80 billion GBP, each year. This is a significant cost factor for a company’s rate of return. On average companies have to invest one complete additional annual salary to substitute the absence of one executive manager. As the German center of performance management describes in its seminars this does not necessarily need to be that way. With simplest methods and without too much effort loss of performance and Burnout syndroms can be avoided.

There are possibilities to avoid the described conditions. They will prevent high costs in case of absence of employees due to medical conditions. Therefore it should be in the interest of every company to implement a stringent Burnout prevention system. Unfortunately so far standardized concepts for performance management are missing.

The mission of the first German center for performance management and Burnout preventiontherefore is to achive such standardized concepts.