Employee performance management is an essential component for improving, developing, and achieving your organization's overall business strategy. While it make take some trial and error, finding the right balance of coaching, mentoring, feedback and assessment for your team will ensure the best possible performance results for your organization.
We all have an understanding of the traditional employee performance review process, featuring the usual gamut of uninspired questions that sound like this:
- What are you doing?
- Do you like what you’re doing?
- How do you feel when you’re doing what you’re doing?
- Do you want to keep doing what you’re doing?
- What if we gave you more of what you’re doing?
- Do you want to do something other than what you’re doing?
This type of employee performance evaluation process is rather bland, uninformative, and not at all strategic. It provides you with no real insight into the progress of the employee, no coaching or feedback to ensure the employee is actually meeting the strategic objectives of the company, nor does it shed light on the employee’s future growth within the company or their career aspirations.
What Does Performance Management REALLY Mean?
Performance reviews are part of a larger process built around a performance management plan. Ideally, managers and employees work together to plan out, monitor, and review the employee’s work objectives as it relates back to the overall strategic direction of the organization. Performance reviews are a critical element of a performance management plan, which involves the ongoing process of:
1. Setting goals, objectives, and expectations
2. Assessing employee progress
3. Providing ongoing training and feedback to ensure that employees are meeting their objectives and career goals.
Performance Management Solutions Are In Demand
Forward-thinking organizations are now looking to equip their management teams with solutions that support them in their efforts to engage their staff and connect them back to the overall strategy of the business. The use of performance management software solutions like Envisio combined with strategic HR plans allow senior management to efficiently direct their focus towards achieving organizational AND individual employee goals. So, what does your performance management strategy look like?