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How effective is your company's Performance Managment System? By Gavin Rouble, MA CMA
Consider the time, effort, money, and (sometimes) frustration that can go into recruiting new employees. Whether you manage a department or are a member of your company's senior leadership team, you have likely experienced first hand how important it is to find the right person for the job the first time and then to retain them to avoid having to repeat the process. One of the most effective tools that management has to retain its best employees is a comprehensive employee performance management system. Whether consisting of a simple performance review or a more complex monitoring and reporting system, employee performance management can be used to keep employees engaged and motivated, leverage employee strengths, and help good employees to become great. Conversely, employee performance management is also used less effectively, as more of an “employee policing� tool to ensure employees are actually fulfilling their basic obligations and duties. Regardless of the focus of employee performance management in your organization, it is highly probable that the performance being "managed" is centred on task- or projectrelated results and outcomes as defined by an employee's job description. However, by restricting the definition of "employee performance" to how well an employee performs as a contributing member of the company based solely on outcomes, exposes a giant flaw in the process.
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Cracking the Code to Innovation The 7-Step Template That Can Help Bring Success By Neal Thornberry, Ph.D
Many business owners and executives will tell you that they want innovation within their organization, but when an ambitious employee offers up an outside-the-box solution to a CEO, manager or decision maker, the idea is often shot down or ignored altogether. Senior leaders often miss the value-creating potential of a new concept because they either don’t take the time to really listen and delve into it, or the innovating employee presents it in the wrong way. Dr. Neal Thornberry, faculty director for Innovation Initiatives at the Naval Postgraduate School in California, recently published his book Innovation Judo, which is based on his years of experience teaching innovation at Babson College in Massachusetts, and advising an array 2VVW^I\Q^M [WT]\QWV[ IZM JM[\ XZM[MV\ML I[
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Volume 21, Issue 6
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January 9-10, 2015 Toronto Congress Centre, North Building 650 Dixon Rd, Toronto, ON M9W 1J1
Statistics Canada's reports on wholesale and retail sales figures for period ended May'14 36