For too many the term “Employee Performance Management” conjures up images of seemingly pointless meetings that are at best a nuisance in the flow of our daily routine, or at worst an anxiety-inducing judgement of one’s worth. If this is the case, managers are most certainly missing the entire objective of this process – as well as the incredible benefits it’s supposed to facilitate. Managing people can be a challenging job, but the aim is to develop, inspire and grow people in such a way that it is beneficial to both them and the organisation as a whole. Managing employee performance effectively and holistically allows you to do just that.
Here are six top reasons why every organisation should be managing employee performance:
Instead of feeling like a chore or something stressful, managing employee performance should be something that supports and inspires your team. By providing a support structure, you can help identify workplace challenges and stressors, and create a platform through which these can be addressed. This could significantly lower frustration in the workplace and lead to more confident and empowered employees. A more positive work environment supports productivity and accuracy.
Regular feedback sessions play a vital role in effectively managing employee performance. When this is an honest environment that supports the individual, communication becomes better, freer, and more meaningful. This culture of communication tends to spread through the team, leading to a better understanding of expectations, and improved peer support.
A better understanding of one’s job, the resources to overcome challenges, improved communication, and a clear vision of what the goal is are all factors that separately and together work to improve time efficiency. Less time is wasted on confusion and a lack of resources or communication, and more time is spent on creating solutions.
The more confident and empowered people feel to perform the tasks expected of them, the more satisfaction they get out of their roles and the more engaged they are in what they’re doing. This, together with factors such as improved communication and time management, all work together to result in an increased level of productivity.
When you are continuously involved in managing and supporting employee management, you are constantly developing the skills, abilities, and potential of your employees. Skill gaps and role-specific challenges become clearer, which allows for the development of an effective strategy to upskill team members. It also provides a great way to identify talent for developing into leadership roles.
Staff turnover is inevitable, but also costly and should be kept as low as possible. By creating an environment where your team feels supported, challenged, invested in, and given a clear view of the objectives, you can do just that. This is the type of environment that inspires people, attracts top talent, and makes you a preferred employer.
With almost four decades of experience in organisational development, Orgro is the perfect team to partner with in developing strategies for effectively managing employee performance. Get in touch with us to discuss how we can help you unlock the full potential of your team.
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