What’s the worst kept secret in talent management? It’s the fact that annual performance evaluations with ratings are subjective, demotivating, destroy collaboration and innovation, and are time consuming. Ultimately, they do little to motivate, align and improve the performance and…
Tag: performance management
Rewarding Success Comes Naturally. Do You Reward Failure in the Pursuit Of Innovation?
We are naturally inclined to cheer on a dramatic success and reward the winning outcome - the basketball player who makes the game winning shot at the buzzer, or the salesperson with the highest sales. When a success is big…
Read More Rewarding Success Comes Naturally. Do You Reward Failure in the Pursuit Of Innovation?
360° feedback can make all the difference when paired with development! Learn how…
A general manager I worked closely with confided in me that 360 degree feedback and developmental coaching was the most beneficial development he received and enabled him to move into his general manager role and beyond. It is too bad…
Read More 360° feedback can make all the difference when paired with development! Learn how…
Traditional Performance Management Doesn’t Work Any More. Try this…
GE, Ford, Microsoft, Hewlett Packard and other well-known companies put “up or out” performance management systems in place in the 1980s. These systems rated employees on results and behaviors, and the ratings were used to make decisions about employee potential. …
Read More Traditional Performance Management Doesn’t Work Any More. Try this…
Most companies do a poor job of recognizing employees. How does yours stack up?
Despite all of the research on employee motivation and the importance of recognition, most companies do a poor job of it. A recent survey by the American Psychological Association[i] found that, “Only about half of the U.S. workforce (51%) say…
Read More Most companies do a poor job of recognizing employees. How does yours stack up?
Should your employees complete self-assessments? Here’s a better approach.
Many organizations believe that self-assessments are effective because they allow employees to inform management of their accomplishments and developmental needs. Unfortunately, self-assessments do not meet those expectations. The research on self-assessments[i] shows that they have low validity and high variability.…
Read More Should your employees complete self-assessments? Here’s a better approach.
Should you overhaul your performance management system?
Although it has obvious benefits for aligning, motivating and developing an organization’s workforce, performance management is the most hated of human resource processes. Performance management is often bureaucratic and time consuming, with long forms to complete, 360-degree feedback, rankings, forced…
Read More Should you overhaul your performance management system?
You Hold the Secret to Significant Business Improvement!
Performance management is in the news again. This time it is Marcus Buckingham and Ashley Goodall in the April Harvard Business Review, writing about how Deloitte is using its employee performance data to drive higher employee engagement and improve business…
Read More You Hold the Secret to Significant Business Improvement!