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Now is the time when businesses look ahead to the New Year and start to plan and set priorities. If you want great results in your business, start with your people. After all, they’re your greatest asset. The key to successful performance management programs is to align the talent strategy and business strategy of the organisation. People then understand the goals of the business and how their work contributes to achieving those goals. This alignment increases productivity and engagement.
It’s easy to articulate the concept, but it’s not always easy to figure out where to begin. We’ve narrowed it down to five essential areas that can have a positive impact on business outcomes:
1. Develop great managers
Great managers know how to motivate, hold staff accountable and develop trusting relationships. They find ways to overcome barriers to success and make big-picture decisions.
2. Set goals that drive outcomes
Help employees see how they contribute to the organisation’s success so they understand how their individual contribution and goals align to the organisation’s goals.
3. Build a culture of feedback and recognition
When employees are comfortable giving and receiving feedback, they develop awareness about behaviors that help or hinder their development.
4. Encourage forward-focused growth and development
Learning and development opportunities are top drivers of employee satisfaction, making learning and development programs a business-critical priority.
5. Have regular performance discussions
Encourage managers to build trusting relationships with consistent communication and ongoing discussions about performance.
What are your top performance management priorities in 2017?
Take the survey to see how your organisation compares to others. Then, check-out our new 2017 planning toolkit with great resources to help your business succeed in the New Year.
Are you interested in improving productivity and engagement? Do you want to get started aligning your talent strategy with your business plan? Halogen can help. Find out more about our performance management solutions here or sign up for a free trial of Halogen TalentSpace™ today.
