Currently browsing "Performance Management"
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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 […]
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Five Big Warnings as Organizations Take Performance Management to the Digital Space
As the future of performance management looks to more flexibility, more focus on development, and more continuity, it’s also going to be more data-driven and yet somehow, less data-focused. While that might sound like a catch-22, it’s actually a simple transition that’s taking place—while data-driven performance management initiatives are pushed, organizations will start to focus […]
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Five Tips for Performance Management Success in the Struggling Foodservice Industry
Of all the industries impacted by the pandemic, customer service, retail, and foodservice were by far the most impacted. Millions of workers were lost, either due to COVID or because they resigned from their jobs due to poor pay or conditions. The Great Resignation has shifted the world of work as we know it. For […]
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The Future of Performance Management: Predictions from the Experts
Performance management has come a long way in just the past few years. Companies have been forced to stop just checking the boxes and start to actually pay attention to performance. Along with that comes an increased focus on how to handle performance management both now and into the future. It’s about more than productivity […]
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Common Problems in Performance Management and How to Fix Them
Performance management is a hot topic right now. It’s also an area where several businesses could use a little help. In today’s working world, organizations and employees alike are struggling to manage performance or figure out how to do so effectively, with the changing nature of business operations. The worst is when employers feel like […]
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Performance Management in Education: How Student Performance Impacts Educator Assessments
The world of performance management is changing the way things are done in the education sector. Many people are looking at PM in relation to students, with respect to how the inclusion of performance management principles might change the traditional grading structure. However, it’s also important to apply the new practices of performance management in […]
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Performance Management Cycles: It’s Not a Static Journey
The traditional performance management model dates back as far as the 1950s when Peter Drucker proposed the idea of Management by Objectives, or MBO. This concept proposes that organizational and individual goals need to be aligned and that it is the responsibility of management to ensure that happens. It’s not always easy to achieve, Drucker […]
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Improving Your Retail Store’s Culture Through Performance Management
Between the pandemic and the Great Resignation, the service industry, including retail, has suffered greatly. There are more positions than employees to work them, and many former employees from this industry have found work elsewhere either because of the shutdown that put their retail job in jeopardy, or the poor working conditions and pay that […]
