Currently browsing "Performance Management"
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How to Effectively Set Performance Standards for New Hires
When you first hire a new employee, there are innumerable things that need to be taken care of. New hires need to be put through orientation, onboarded, and familiarized with the company and job position during this time, but what about performance standards? Thinking about setting performance standards often isn’t top of the list when […]
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Understanding Continuous Performance Management and Its Impact on Your Team
Performance management has been part of the business landscape seemingly forever. For many years, it was a punitive process that focused on the “carrot and stick” method of management in which a reward was dangled in front of an employee to encourage good performance, and that was backed up with the threat of lost income […]
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Benefits of Continuous Performance Management
Performance management, in general, is a critical component of well-run organizations. But what many people don’t know is that there are actually different kinds of performance management. Generally speaking, performance management is an organizational process with the purpose of ensuring employees can deliver the highest quality of work to clients. Performance management can be divided […]
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Learn What to Write for Employee Comments on Performance Reviews
Figuring out what to write for employee comments on performance reviews isn’t always easy. You want your words to be accurate, effective, and to come across with the appropriate tone. Your employees should be able to take your comments and turn them into actionable steps that they feel confident working toward. Performance reviews began as […]
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How High-Performance Management Can Improve Your Organization’s Productivity
An organizational concept that drives the success of most businesses is called high-performance management. The backbone of any company is comprised of the people they employ. The key to any company’s success is its employees’ collective performance on the job. Many businesses are successful in the short term, but the longevity of that success is […]
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How Talent Acquisition Factors into Performance Management Improvements
Like all business processes, performance management improvements starts at the very beginning. When business leaders or SMB owners are attempting to improve performance management, it would make sense that talent acquisition plays a role. Namely, hiring the right people from the start and instilling the right PM mentality can go a long way in allowing […]
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Commission and Pay-for-Performance Compensation Models: Do They Belong in the Future of Performance Management?
For years, sales positions have often been offered with a commission and/or bonus structure—the more you sell, the more you can earn. It’s a good enough incentive for many salespeople to work harder and acquire more business on behalf of the organization. However, in today’s post-COVID economy where everyone is still feeling the effects of […]
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How To Increase Accountability and Engagement in Performance Management
Performance management is a critical asset for businesses. It allows managers to track performance and see which employees are doing well, along with those that may need a little assistance. It can also help determine which processes are working and which need some tweaking. Of course, if you do it right, your performance management strategy […]
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Eight Steps to Create a New Performance Management Plan for Your Organization
Companies are faced with more changes than ever these days—every single one was forced into proving its agility when the pandemic shut everything down, and each was tested to see how they would continue to perform during the shutdown. Then, it was a wait to see which companies faltered and which ones came out the […]
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The Transition from Keeping Score to Creating a Feedback Culture with Your Performance Management Goals
Metrics are great—they tell companies several different things that help them make effective decisions. However, there are some areas where metrics are going by the wayside, particularly when it comes to performance management. After all, these are people, not machines or numbers. Therefore, modern organizations that want to embrace a performance management culture will need […]
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What Is 360-Degree Feedback, and Should It Be Part of Your Performance Management Strategy?
The feedback process has been up for debate and discussion for some time now. Several organizations are embracing various digital tools to help them transform the process and figure out how to improve performance management by improving feedback and how it is delivered, interpreted, and responded to, by employees and managers alike. 360-degree feedback is […]
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Companies That Are Leading the Way in Redefining Performance Management
Like many things, performance management is an area where sometimes information is best gleaned by example. Organizations can read all about the new world of PM and how it impacts their current strategy, as well as how, in theory, it will revolutionize the company culture. However, they’re not seeing it in practice. They don’t have […]
