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Do Your Goals Get Away From You?

May 12th, 2008 · No Comments

Use these three recommendations about performance-related goals to help establish clear expectations and improve employee performance.

 

Effective employee performance management is really all about clear expectations. Many of you use SMAART (Specific, Measurable, Attainable, Agreed Upon, Realistic, and Time-Oriented) goals to help employees focus on the most important things at work.  But can you have too much of a good thing?  The answer is yes!  and I’ve seen it.Recently I worked with an organization that uses goals to define the entire scope of each employee’s job. As a result, each employee is assigned 25 to 30 goals each year. Many of the goals the employees receive at the beginning of the year are irrelevant by the time the performance evaluation is due because the organization’s priorities have changed. As a result, employees feel overwhelmed by the lengthy list, feel confused about what is most important, and feel defeated when the work they accomplish is not really valued or recognized at the end of the year.

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Tags: Business

The Relevance of Balanced Scorecard Training

April 14th, 2008 · No Comments

Balanced scorecard training is important in the business setting. It brings so many advantages that any company in any industry can enjoy.

The balanced scorecard is one of the most effective tools in performance management. It is a must for businesses to implement performance management strategies and methods, so that productivity and growth is ensured for the organization as a whole. For a company to develop a topnotch balanced scorecard, KPIs or key performance indicators should be used. There are many key performance indicators that will work very effectively as performance measures for any company. However, you must understand that there is a need to limit the number of KPIs that you should use. Using many KPIs would just cloud the processing of information and data acquired due to the presence of extraneous and irrelevant variables. Thus, it is actually recommended to limit your usage of KPIs to just 5. Make sure to pick just the relevant KPIs for your balanced scorecard.

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Tags: Careers

What Is A Competency Model? - Find Your Job Skills Competencies

January 21st, 2008 · No Comments

A competency is a behavior or a set of behaviors where excellence is achieved in a work situation; whether it is a particular job or an entire organization. Organizations and companies have begun to embrace these characteristics as a method to help solve problems within a company as a whole, a team or work group and down to an individual employee. A competency model is a set of skills or competencies that are needed for excellent performance in a specific role. These competency models would not include expected performance skills such as completion of tasks.

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Tags: Business