Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

APT Launches New Human Resource Assessment System to Manage Revolutions in Business.


Business/Technology Editors

DARIEN, CT--(BUSINESS WIRE)--June 25, 2001

360Metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. (SM) Improves

Revenues and Job Performance

In today's volatile economy, corporations are continually looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 ways to enhance productivity and increase bottom-line results. Applied Psychological Techniques, Inc. (APT), has developed a new, easily accessible, Web-based assessment solution that helps organizations manage revolutions in their businesses by orchestrating evolutions in their workforce.

APT, America's leading consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 on human resource issues, has designed 360Metrics to give corporations the ability to translate human ingenuity into measurable functionality and revenue. 360Metrics delivers a comprehensive process for conducting 360-degree assessments customized to fit any position and any business model. Streamlined and easy to use, 360Metrics helps organizations improve competitive performance and productivity in the workplace, maintain a legally defensible de·fen·si·ble  
adj.
Capable of being defended, protected, or justified: defensible arguments.



de·fen
 foundation for employee assessment, reduce costs and, ultimately, increase corporate revenues.

"Successful organizations have come to realize that talent management is integral to sustaining their growth and leadership in the marketplace," says Dr. John C. Scott, vice president and co-founder, APT. One process that has been gaining momentum in this context is 360-degree feedback. Organizations interested in developing and managing their talent assets have found that a 360 process can provide invaluable assessment and development information.

Corporations might use 360Metrics when 360-degree feedback is an input to year-end performance appraisal Performance appraisal, also known as employee appraisal, is a method by which the performance of an employee is evaluated (generally in terms of quality, quantity, cost and time). ; when a manager has "derailed" from performance expectations; or when the system is applied globally across a corporation, resulting in high-quality feedback that enhances performance and communication among employees, improving the organization itself.

The crucial difference between 360Metrics and other 360-degree systems is its Job Modeling Tool(SM), which enables companies to customize surveys for each employee, combining core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
  1. It provides customer benefits
  2. It is hard for competitors to imitate
  3. It can be leveraged widely to many products and markets.
 and unique "key responsibility areas," tied to bottom-line results. This renders a more fair, balanced and accurate picture of performance, allowing corporations to maintain a legally defensible position for employee assessment.

With safeguards built in to make it secure, 360Metrics gives clients a variety of configurable options for maximum flexibility and control, such as determining who in the corporation will initiate the process and who will have access to feedback.

360Metrics was built by APT's multi-functional team of experts in the fields of industrial/organizational psychology, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , business and technology. The team has consulted on hundreds of human resource-related issues for such Fortune 100 corporations as Bristol-Myers Squibb Bristol-Myers Squibb (NYSE: BMY), colloquially referred to as BMS, is a pharmaceutical corporation, formed by a 1989 merger between pharmaceutical companies Bristol-Myers Company, founded in 1887 by William McLaren Bristol and John Ripley Myers in Clinton, NY (both were , GE Capital, The Boeing Company, Citibank, Unilever and Texas Instruments See TI.

(company) Texas Instruments - (TI) A US electronics company.

A TI engineer, Jack Kilby invented the integrated circuit in 1958. Three TI employees left the company in 1982 to start Compaq.
.

For more information about 360Metrics, businesses may call APT's toll-free number at (877) 360-3678.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jun 25, 2001
Words:409
Previous Article:Palatin Technologies Presents LeuTech Phase 2 Results For Imaging Osteomyelitis At The Society Of Nuclear Medicine Annual Meeting.
Next Article:Baker Petrolite Signs Agreement to Distribute Clean Diesel Technologies Platinum Plus Diesel Fuel Additive.



Related Articles
Environmental leadership in a public health agency.
Going beyond admission denials.
APT Launches Suite For Online Brick-And-Mortar Channels.
WOZNIAK LAUNCHES NEW TECHNOLOGY VENTURE.
Accolade -- New product developer. (Management News and Products).
Should the U.S. halt human space flight? The Columbia accident has revived the debate on whether the rewards of human space exploration are worth the...
Millennium Ecosystem Assessment.
You can't manage what you can't see!
How finance can help build a leadership infrastructure: enforcing quantitative rigor on human resource costs and objectives is a role suited for...

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles