Performance management is critical for start-ups. A well-designed performance management framework and a system that helps implement it can enable start-ups thrive in a dynamic business environment as well as institutionalize practices that enable high performance, growth and employee engagement. Here are the elements that any start-up must incorporate in their performance management framework: Incorporate...
Introduction In this fast paced world, it has become more than essential for organizations — small or large — to have a defined strategy and accountability to ensure that all teams are aligned and focused on a common goal. For a company to operate in an agile environment, team members need to be empowered to...
“People will forget what you said, people will forget what you did, but people will never forget how you made them feel” Maya Angelou Introduction This famous quote from Maya Angelou in a way says it all. This is also very much in line with the top 3 zones of Maslow’s hierarchy of needs; a...
Here are some useful tips for effective employee goal-setting that are crucial for improving employee performance: Align employee goals with business objectives Identify competencies needed to accomplish the goals Collaborate with employees to set goals, identify resources needed Set Specific-Measurable-Actionable-Result oriented-Time bound goals Set goals that are challenging yet attainable Regularly monitor progress and help...
If you are looking to deploy the right performance management system, here are the key pointers you must look into: Identify the pain points in the existing process Clearly understand and delineate the organizational objectives List down ‘need-to-have’ and ‘nice-to-have’ features Look for a user-friendly PMS system Evaluate its integration ability with your existing systems...
Introduction We briefly look at several approaches to performance management here and how they could benefit your organization.
