Boost Your Bottom Line With A Performance Management Plan

Why are so many professionals saying that the business climate today is more unforgiving than ever? Because it's the truth…

Shorter turnaround times, high demands to address relentless change, increasing competition---simply put, an all-around fast-paced business world.

This makes the pressure to perform extraordinary…

So how do you respond to this reality? Enlightened leaders, people that understand the importance of business clarity, respond to it with a Performance Management Plan. This promotes clarity of purpose and expectations, which almost always leads to better outcomes.

And the impact clarity has on your business is limitless. So, that said, ask yourself the following…

How clear is every single person in our organization about each of the following?

Corporate values Marketing strategy and niche (and for owning that niche)

Current goals as they relate to strategy

Individual roles and perceived accomplishments

Performance evaluation

Individual growth opportunities


Imagine if every person in your organization was clear on all these above issues. How would that affect your productivity and professionalism? Would clarity grease the wheels for better results?

The best tool for improving clarity across the entire organization is a well-designed performance management strategy, a strategy that not only defines the objectives for the future but also supports the need for agility.

Furthermore, a performance management strategy ties together high level corporate decisions associated with company's values and mission with tactics like hiring, on-boarding, setting goals, annual reviews and even informal coaching interactions.

The best plans to achieve this kind of peace of mind are developed in a facilitated collaboration of the existing management team and other key stakeholders in the organization. It brings together a lot of disconnected institutional information and combines it with the best practices---but it needs to work for your industry and your organization. When done right, the resulting plan may be the most important tool in your company's management toolbox.

The success of these tools---especially the amount of time it takes---will depend on the number of locations the business has, the types of tools currently in place and the overall willingness to adopt a new strategy---not to mention, realization of commitment, knowledge and skill. But implementing a performance management plan could permeate a small- to mid-sized organization in as little as 90 days.

A well designed Performance Management Plan, properly executed, will deliver: Immediate productivity improvements of managers and their staff, a more engaged and professional workforce with higher rates of job satisfaction and a heightened sense of urgency about meeting goals and team development.

Promote clarity in your company with an enlightened and updated Performance Management Plan.


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Visit http://www.perfmgmtsolutions.com or call Kathryn Weber PHR at (414) 530-7905 for more information.

Kathryn Weber PHR is the owner of Strategic Solutions in Performance Management.


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