Improving your company’s performance: 3 Tips to setting up an effective performance management system which gives resullts

IMPROVING YOUR COMPANY’S PERFORMANCE:

3 TIPS TO SETTING UP AN EFFECTIVE PERFORMANCE MANAGEMENT SYSTEM WHICH GIVES RESULTS Rajiv Misra

R Square Consulting

An organization which does not measure and monitor the performance of every employee cannot reach optimum level of performance. Human beings naturally love challenges and most of us need a target or a goal to aspire for. At the workplace too, in case we do not have a clear goal; most employees prefer to meander along doing what is minimum requirement to get their monthly salary. It is therefore imperative that all organizations have some method of measuring and monitoring performance.

Anumber of owners/founders, whom I coach have one important question; which they ask around the middle of the second session. And that is “How do I improve the business results of my company”. As an owner/founder this is one thing which occupies the maximum mindshare and hence the question. The question which I ask then is “What do you think will improve your business results?” and with a few follow up questions we come to an understanding that to improve the performance of the organization, it is imperative that the performance of every team member in the organization improves. So how do we improve the performance of every team member who is part of the organization? An organization which does not measure and monitor the performance of every employee cannot reach optimum level of performance. Human beings naturally love challenges and most of us need a target or a goal to aspire for. At the workplace too, in case we do not have a clear goal; most employees prefer to meander along doing what is minimum requirement to get their monthly salary. It is therefore imperative that all organizations have some method of measuring and monitoring performance.