TEDS Performance Management
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TEDS is a fully integrated software solution with seven modules that helps HR professionals, managers, and employees improve their competencies and skills for future positions.
Strengths
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Customizable
Allows for tailored performance management processes
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Real-time feedback
Enables continuous performance monitoring and feedback
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Goal alignment
Helps align individual goals with organizational objectives
Weaknesses
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Complexity
May require significant training and onboarding for users
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Limited integrations
May not integrate with all HR or business software
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Cost
May be expensive for small businesses or organizations
Opportunities
- Can support remote performance management and feedback
- Can provide valuable insights into employee performance and trends
- Can expand into new markets or industries
Threats
- May face competition from other performance management software providers
- May face regulatory challenges or changes in data privacy laws
- May be impacted by economic downturns or budget cuts in organizations
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TEDS Performance Management Plan
TEDS Performance Management offers a tiered pricing strategy with three versions, starting at $5,000 per year, offering increasing features and support.