Performance-Management-System

Insights into Performance Management for Start Ups – An eBook

All companies differ in their business goals and requirements, and in their definitions and measures of success. Isn’t it therefore a little odd that most still use the same conventional approach to plan and monitor the performance of their employees and the company as a whole? The seemingly ubiquitous annual ratings-based staff appraisals and quarterly...

start-ups

Why should Start-ups Adopt OKRs in 2021?

The tough times of 2021 are a major threat to the survival and growth of startups. To survive, they can adopt OKRs to enjoy the following benefits and build the required resilience: Meet their unique needs, and focus on agility and growth. Set ambitious goals and attempt to achieve them. Be agile and dynamic in...

Outlining Success through OKR implementation

Both startups and established organizations benefit from implementing an OKR methodology. Here’s how they can implement it effectively: Have the buy-in of senior leaders and others in the organization. Pick a set of 5-7 clear objectives based on current and past experiences. Set key results as stretch goals and quantify them to the extent possible....

Business-startup

What must scale-up strategy for Start-ups include?

Startups need a coherent human resource management policy to ensure their success, and to scale up while dealing with challenges. What should one keep in mind when setting a scale-up strategy for a startup, especially with reference to their HR practices? Their strategy needs to focus on the following: Create an organizational culture to encourage...

StartUp

Will Start-ups Benefit from using a Performance Management System?

The many benefits offered by a Performance Management System help start-ups to achieve their business objectives within a predefined time-period and to stay ahead of their competitors, as it enables them to: Formulate business objectives Set clear goals for the employees Provide consistent feedback to employees Use feedback to drive performance and boost productivity Foster...