Closed-loop Performance Management (pm)

For SMBs, closed-loop PM helps improve productivity while reducing costs. It provides an objective view into an organization's operations and goals, allowing managers at all levels to collaborate on achieving the goals efficiently through communication channels such as feedback forms or regular meetings where progress toward business objectives is discussed openly with everyone. The technology is essential, as it offers insights into areas that need improvements while also providing the data required for decision-making across departments.