Mindless workforce cost-cutting could cut down your business

The trend in government and business these days is to cut workers across the board with little notice and shared strategy. It’s done in the name of improving efficiency. But mindlessly cutting workers doesn’t achieve this goal. Instead, it leaves…

Use performance management to increase growth and improve employee morale

Organizations that use performance management systems that set goals, continually clarify priorities, help employees develop, and reward performance outperform those that do not. In volatile times organizations are pressured to digitize, continually improve, innovate, and respond to dramatic political and…

Performance management remains in the doldrums. Seven steps to improve it

Gallup reported this month that only 20 percent of Chief Human Resources Officers (CHROs) from Fortune 500 companies believe that their performance management systems inspire employees to improve performance. But there’s worse news yet. Only two percent of CHROs believe…

Here are seven performance management essentials

Job satisfaction scores have fallen to their lowest point since early 2020, at the beginning of the pandemic. To my mind, employees are stressed-out and frightened about being replaced by OpenAI or a robot. Employees are unhappy due to a…

Improve employee performance by focusing on the positive

Many managers complain about providing performance management feedback. They find it unpleasant, say it leads to more trouble than it is worth, and complain that employees don’t always make the changes needed to improve performance. An IT manager once told…

How to get great work from more people

It is time to forget about Quiet Quitting and Quiet Firing. Instead, think about the Pareto Principle from physics and microeconomics, commonly known as the 80/20 rule. Your goal should be to figure out how to expand the 20 percentage…

How to ensure your performance management engenders trust

Organizations typically conduct their annual performance reviews and make decisions on merit pay increases and pay adjustments at the end of the year. Employers need to remember that the most effective and innovative teams are built on trust. Executives need…

How the War for Talent looks different in the 2020s

CEOs are asking their human resources leaders to implement talent management strategies to beat the Great Resignation and attract new employees to their brands. This request is not a nice to have. It is essential for business growth. Talent management…

Why and How Performance Management Will Change in the 2020s

Organizations have been talking about changing performance management for years. Many in the past ten years abandoned forced performance rankings or have eliminated performance reviews all together. Others like Facebook have reinstated performance ranking. Compelling business challenges -- more than…

Five Performance Management Imperatives for 2021

To alleviate stress for new remote workers, many companies stopped their performance management systems during the pandemic’s peak. But rather than stopping performance management, they should have focused on accelerating their organization’s ability to be agile. The best performance management…