7
min read
Wondering how managers can promote effective team management? Dive into this ultimate guide to team management with the top tips and best practices
7
min read
Team management is increasingly becoming a sought after organizational priority. At a basic level, it is about bringing and keeping people together to achieve set objectives and goals. While the focus on team management has been around for decades, its importance is lately increasing as organizations begin to realize the need for holistic collaboration and the perils of working in silos. Through the course of this blog, we will shed light on the meaning and importance of team management. At the same time, we will share some tried and tested tips to augment team management and how it is being redefined in the age of remote work.
As the term suggests, team management is essentially about managing a team to achieve a set target. While some professionals believe that team management is simply about delegation and allocation of tasks, it is important to understand that it is a much more comprehensive concept. Team management is practically the key to the success of any team.
It starts from bringing together the right talent, to nurturing them and leveraging their strengths, to retaining them and facilitating their personal and professional growth. Undoubtedly, the ultimate objective of team management is to ensure that a team is able to achieve what it sets out for. However, there are several factors like communication, delegation, problem solving, collaboration, etc. that make this achievement possible and collectively define team management.
If you find yourself wondering if team management is actually worth the while, take a pause and reflect on the question. On a macro level, the goal of effective team management is to achieve the set targets and goals. This is a direct reason why organizations must pay due heed to team management. However, if you are questioning how team management is able to achieve this success, we have a few reasons to support our assertion.
With a combination of enabling factors like effective communication, clear directions, seamless collaboration, etc., team management has the potential to create a positive and empowering work culture. Consequently, a positive work culture results in happier employees and acts as a great tool for employer branding. According to a study, more than 50% of executives say corporate culture influences productivity, creativity, profitability, firm value, and growth rates. Therefore, team management is a great asset for organizations to build the right culture.
On a similar note, effective team management has the potential to facilitate greater productivity and performance. The rationale is simple, team management entails clear expectation setting and accountability. There is no scope of confusion or chaos which leads to efficient work and meeting of targets. At the same time, team management enables employees and managers to share their expectations and concerns, augmenting satisfaction as a whole. Research shows that satisfied employees are 12% more productive than the average worker. Evidently, team management augments clarity of work resulting in increased productivity.
Finally, one of the major challenges faced by organizations is retaining top talent. According to a study by Gallup, 50% of employees quit their bosses and not their jobs. At the same time, the cost of replacing an individual employee can range from one-half to two times the employee’s salary. This is alarming and clearly indicates the cost of poor team management. Fortunately, effective management can help bridge this gap. When employees find a culture they can thrive in and a team that supports their goals and ambitions, they are unlikely to look out, reducing turnover significantly.
With a clear rationale of how team management helps and how an organization can benefit from the same, we can now move on to explore some of the top team management skills that managers and leaders must possess.
Team management essentially involves clear and more importantly a two-way communication. Managers should not only focus on ensuring that they are able to set clear expectations and communicate their thoughts well. They should also strive to promote active listening to gauge employee pulse, thoughts and ideas.
Delegation refers to allocation of tasks and responsibilities within the team based on the strengths and competencies of each member. Delegation, and therefore, team management is effective when leaders are able to gauge the capabilities as well as interests of all team members to ensure effective and efficient allocation of responsibilities. The result is not only effective performance, but also professional development for all team members.
For a team to work effectively, managers need to have a high emotional quotient and must display empathy for all team members. Employees need to be seen as humans and focus should be on their physical, mental and emotional wellbeing. Empathy and emotional quotient enables leaders to manage their own emotions as well as those of others to be able to motivate and influence their team members.
Team management is all about making the right decisions which come together to result in great productivity. Decision regarding prioritization, resource allocation, and others that involve and impact the team. At the same time, decision making is often based on consensus, which when it goes well, results in effective team management.
The role of a manager is not simply to allocate tasks or perform those that come in their corner. Rather, problem solving is an important part of a manager’s key responsibility area. Managers who are good at problem solving have the potential to identify a challenge, critically analyze the same to come with the best solution. In most cases, when done effectively, managers can solve problems to bring teams closer together.
Each member in a team has several expectations when they come to work. At teams, the expectations of two or more members can be in conflict with one another. Effective team management is all about managing the expectations such that it creates a win-win situation for all. This often requires having difficult conversations with one or more team members and leaders who possess this team management skill are on the path to success.
Since team management is about bringing and keeping a team together, skills of ensuring fairness and respect are very important. No team member should feel that anyone else in the team is getting more attention or importance. Here, transparency plays a major role. When everyone knows what’s going on in the team, a culture of fairness and respect builds naturally.
Finally, the skill of being organized is integral to effective team management. Only when the professional leading the journey is organized and has control over what has to be done, will the team function effectively. Lack of organization and discipline will lead to chaos in the team. Therefore, organization is a great tool to manage and lead a team efficiently.
It is clear that effective team management practices need to be a key area of attention for organizations today. Team management practices are not only about getting the work done efficiently. Rather its importance lies in ensuring that in addition to the work being done, there is progress for both the individual and the organization at large. There are some team management tips that leaders can adopt to successfully mentor and navigate their organization towards success.
One of the first team management tips is consistency. Managers must be consistent across different avenues. On the one hand, their performance across tasks should be consistent. On the other hand, the way they react to the behaviors and actions of others must be uniform. For instance, one should not reward a behavior by a certain employee and disregard and punish the same by another.
The next one in the list of team management tips is understanding one’s team. This involves making an effort to communicate and collaborate with team members. This involves being clear in what you say and expect out of them, setting the goals and showing empathy. According to a study by Interact, 69% of managers are uncomfortable communicating with employees. This trend must change to augment manager effectiveness.
In addition to understanding the team, it is equally important to build authentic relationships. As another one of the key effective team management practices, managers must facilitate building trust and confidence in their teams. The road to building such relationships starts with being transparent in whatever one does. Additionally, managers must be fair in their decisions and create credibility for their teams to respect them and augment effectiveness in the way they lead. A report by IBM illustrates that 83% of employees experienced a more positive work environment when they felt there was trust in their managers. Building trust and authentic relationships breed manager effectiveness.
Finally, managers who really wish to lead effectively, lead by example. Expecting others to perform to the best of their abilities while the management doesn’t walk the talk is ineffective. Managers must lead by the way to efficient performance. Creating the right expectations for team members to follow becomes a key motivator in effective team management.
While these are important steps and actions that managers must take to promote team management, organizations also play an equally important role to equip managers with the necessary resources and assistance. To begin with, organizations should clearly define what effective team management means to them. This involves clarity in metrics and indicators across business verticals that define success. Additionally, organizations can experiment with investing in soft skills training and coaching programs for managers to help them develop the key competencies to lead their teams effectively. Ignoring effective management practices comes at the cost of poor organizational performance and team high team attrition rates. Providing managers with the right resources and support can help them build strong teams, a positive work culture and ultimately a healthy organization.
It goes without saying that organizations have spent years perfecting their team management practices. However, the advent of the pandemic disrupted every aspect of our lives, including the way we work. Invariably, organizations are being pushed to don a new avatar to keep pace with the changing conditions and adapt to the new normal. Here are a few ways organizations and managers can write the new playbook for team management practices.
Team management practices for a virtual workforce start with clear demarcation as well as communication of roles and responsibilities. Managers need to explicitly state deliverables and what they expect out of the employees. At the same time, KPIs or Key Performance Indicators, which can be captured and measured for a remote workforce must be agreed on and communicated. To ensure that everybody is on the same page is essential, because your employees will not be able to run to you every second like in the office.
Working remotely requires employees to have a robust setup at home to ensure effective working. Managing a remote team, thus, requires managers to ensure that all employees have the right resources when working from home. This majorly covers all the hardware (computer/ laptop), software and broadband needs. Obviously, the resources to function effectively will change from company to company. Therefore, managers need to come up with an exhaustive list of resources and ensure that employees have access to them. It would also be a good idea to alter the terms of contract for employment, wherever suitable. For instance, the travel allowance can be changed to a broadband allowance.
Owing to major online platforms and tools, managing a remote team is increasingly becoming easier. Some of the major challenges of working virtually, including, communication, collaboration, productivity trackers, time management, brainstorming, etc., all have their solutions in these tools.
The efficacy of managing a remote team largely depends on the people you have onboard. Thus, it is very important to ensure role suitability. This means that hiring of human resources should be on the basis of what skills and competencies the role requires. The needs and expectations for each role must be mapped to the skill set of potential candidates before hiring. Today, organizations can leverage several HR tech tools to make this journey smoother. When the person is suitable for the role, working remotely becomes easy and effective.
Finally, it is very important to trust your team. More often than not, managers don’t have faith in their team and constantly nag them for their progress and deliverables. Invariably, a shift to a remote workforce requires a gradual change in the organizational culture. Once you start believing in your employees and trust them, they will start taking ownership of their work. And, once a culture of ownership and self motivation kicks in, managing a remote team becomes a breeze.
These five practices are the basics that every organization, contemplating a long-term remote work strategy, must consider. Once you get the basics in place, you may want to explore more advanced strategies and practices that involve greater investment and leadership buy-in to promote team management.
Team management, whether online or offline, benefits when organizations employ and leverage different tools to create a positive experience for the team members. Based on the functional needs, different organizations can use different tools, while some can be common for all. Let’s quickly discuss a few areas where team management tools can promote performance and productivity.
With communication being one of the core pillars of effective team management, it is important for organizations to invest in tools that facilitate the same. Depending on the nature of scope of communication and collaboration, different team management tools should be explored. Asynchronous collaboration can be done over tools like Slack and Google docs. On the other hand, real time meetings can be hosted over Zoom, Google Meet, WebEx, etc. Organizations can also leverage features like break out rooms and whiteboards to make communication engaging and participatory.
For teams to work effectively, being on the same page is very important. This becomes slightly tricky in case of remote work. Fortunately, there are plenty of project management tools like Trello, Asana, Jira where teams can seamlessly work together, track progress and stick to their timelines to achieve the deadlines.
Unless managers and leaders know what their employees and team members feel and are thinking, managing them effectively will be very difficult. Here, leveraging tools like SuperBeings will reap results. SuperBeings enables organizations to gauge employee pulse on a regular basis and provides action based insights for managers based on the responses received. It empowers leaders with the right steps, actions and insights to promote effective team management.
Bonding between team members is critical for effective team management. In conventional times, team members could simply bond over a cup of coffee. However, the trend saw a decline with the transition to remote work. Fortunately, with tools like Dive and Shuffle, team members can engage and interact with others who have shared interests and bond over similar likes and dislikes. This is a great way for team members to know more about each other and promote teamwork.
As we come to the conclusion, it is important to note that team management is a collaborative effort. While managers are responsible to sail the ship forward, senior leadership must provide them with the right tools and resources to navigate the way. At the same time, the onus lies with all the team members too, to make sincere efforts to work with their coworkers to the best of their abilities. A combination of the above mentioned tips and tricks, the right tools and a positive attitude is what organizations need to promote effective team management.
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‘Onboarding: How to get your new employees up to speed in half the time’ - George Bradt, founder and Chairman PrimeGenesis
Did you know that a strong onboarding process improves new hire retention by 82% and productivity by over 70%?
However, only 12% of employees strongly agree their organization does a great job at onboarding new employees.
This clearly states that while employee onboarding has a direct impact on the bottom line, most organizations miss out on how to get it right.
Don’t let that happen to you. To onboard new employees like a pro, keep reading.
By definition, an onboarding survey is a questionnaire that is administered on new hires to gauge their initial experience and level of satisfaction, in an attempt to understand their engagement and retention potential.
As an HR, you can get multiple insights from an onboarding survey, including:
It can help you estimate how long the employees are likely to stay and how you can further optimize your onboarding process to make it more aligned with employee expectations.
An effective onboarding survey can help you reflect on your performance through the onboarding process, which directly impacts KPIs for organizational success, including:
93% of employers believe a good onboarding experience is critical in influencing a new employee’s decision whether to stay with the company. At the same time, 25% of a company’s new hires would leave within a year if the onboarding experience was poor.
20% of new hires are unlikely to recommend an employer to a friend or family member and an onboarding survey can help you identify the reasons for the same. However, new team members who were asked to provide feedback prior to their start date also had a 79% increase in willingness to refer others. Thus, illustrating how onboarding surveys and feedback can impact eNPS.
Read: How to use eNPS for better employee engagement
Employees with exceptional onboarding experiences are 2.6x more likely to be extremely satisfied with their workplace and 70% say they have ‘the best possible job’.
77% of employees who went through a formal onboarding process were able to meet their first performance goals. However, 49% of individuals who failed to reach their first performance milestone had no official onboarding instruction. An onboarding survey can help you determine the effectiveness of your onboarding process.
In addition, your new employees might also have an inclination towards providing feedback as a part of the onboarding survey, which you will lose out if you don’t conduct the same. Research shows that only 26% of new employees recall being asked for feedback on their candidate journey and the hiring process before their start date wherein 91% of new hires are willing to provide this feedback.
Now that you understand the importance of an employee onboarding survey, let’s quickly discuss how to effectively run an onboarding survey.
You must coincide your employee onboarding survey with important milestones for the new employee in the organization. Mostly, these milestones coincide with the end of the first few months. Thus, you should circulate your onboarding survey after 30, 60 and 90 days respectively, with different objectives for each. Furthermore, you can send interim surveys in case you feel the need, for instance, when the employee starts a project, or when the orientation process is over.
“Effective employee onboarding isn’t about swag, stickers, & company value pamphlets on their desk the 1st day. But, how you help them understand their goals & how co values are interwoven in operating are more important.”- Suhail Doshi, founder and chairman of Mixpanel, Inc.
Based on the milestones or cadence you have set up, it is important to identify areas you would want to cover with each milestone. For instance:
In the first 30 days, you should focus on themes like:
In 60 days, you can touch on themes like:
By the end of 90 days, focus should shift towards:
Once you have decided the themes, you can start building questions, a snapshot of which is covered in the next section or you can download the template now here. The themes can be fluid across milestones, depending on the context for your organization.
Once the milestone arrives, you should roll out the onboarding survey and drive participation. It is important to explain to your new employees why the onboarding survey is important and how they can fill it up. Give them the requisite time, deadlines and communicate what will be the next steps to encourage them to participate.
Simply rolling out the survey is not enough. You must reach out to your new employees to remind them to fill the onboarding survey as amidst numerous new things, they might lose track of it. Don’t push too hard, yet send subtle reminders to get genuine responses. For instance: employee survey tools such as SuperBeings integrate with chat tools like Slack, Teams, Gchat to send personalized nudges to fill out the survey in the flow of work at set intervals as well as allows them to participate directly without switching context.
Unlock a wide array of survey questions and employee analytics. See how SuperBeings can help
Once your onboarding survey responses are in, slice and dice them to get insights into what your employees feel and leverage the data points to further refine your onboarding process to facilitate engagement, retention and advocacy from the beginning.
Taking cue from the section above, here are 50+ onboarding survey questions that you can leverage to gauge the pulse of your new employees as they complete different milestones.
You can also download these questions as a template and use it whenever you need. Click here to download
By now, it would be very clear to you that an employee onboarding survey can help you in multiple ways to create a high performance culture. It can enable you to augment retention, engagement, satisfaction and advocacy among employees to ensure that there is minimal turnover and you are able to attract high quality talent. Ensure that you roll out an onboarding survey at 30/60/90 days frequency to check onboarding experience, knowledge transfer, manager support, role clarity, etc.
You should focus on other forms of employee feedback on culture, training and development opportunities, level of engagement, manager effectiveness, workplace collaboration, work-life balance, among others.
Finally, you should focus on leveraging technology and automation to add efficiency and effectiveness to your onboarding survey and process.
Research shows, automating onboarding tasks resulted in a 16% increase in retention rates for new hires.
Thus, consider partnering with a survey platform which enables you to:
When it comes to performance management for employees, you would agree that feedback plays an important role. However, only offering positive feedback and appreciating the performance of your employees is not enough. You need to give them an equal amount of constructive feedback which is specific to ensure high levels of performance. If you feel that your employees may not embrace constructive feedback, think again.
Research shows that 92% of people believe that constructive feedback is effective at improving performance.
In this article we will help you understand how you can give constructive feedback and examples you can leverage.
Constructive feedback is essentially a tool that most forward looking professionals leverage to help others in their team with specific and constructive inputs on areas where one’s performance can be improved. Put simply, if you have an employee who doesn’t pay attention to detail, constructive feedback involves helping them acknowledge that this is a problem area, and more than that, enabling them with the support to overcome the same. It involves not only identifying a performance problem, but also, providing action items and ways to address the same.
Now that you have an understanding of what constructive feedback means, let’s quickly look at some of the top reasons why constructive feedback is important. Constructive feedback:
When delivering feedback, you must understand the difference between positive and constructive feedback and ensure that you use both of them where they fit the best. Here a quick distinction between positive feedback vs constructive feedback:
In a nutshell, positive feedback is a reinforcement tool, whereas constructive feedback is a mechanism to facilitate development.
With an understanding of the fundamentals of constructive feedback, let’s quickly jump to the best practices which can help you deliver constructive feedback in a nuanced and effective manner.
The first thing you need to focus on is ensuring that the timing of the constructive feedback is ideal. For instance, a busy period when the employee is putting in a lot of effort may not be ideal for giving them feedback about their performance from three months ago. At the same time, ensure that you provide constructive feedback regularly and consistently, to avoid recency or primacy bias. However, don’t offer feedback when you are angry about their performance either.
Before you get down to giving the feedback, set the tone. Share with the employee the purpose of the meeting and make them comfortable prior to sharing your reflections. It is important that you build trust so your employees can share their perspective and don’t feel intimidated by what you have to say.
Once the context and tone is set, start sharing your reflections. Your focus should be on sharing what you have observed about their performance. However, ensure that you also share how the same is likely to impact their career growth as well as organizational success. For instance, if you are providing constructive feedback about missing deadlines, you can use the impact of losing clients for the organization and a casual attitude marker for the employee.
When sharing reflections, use specific examples of when you noticed a particular behavior. For instance, in the above example, you can share instances of when the employee missed his/her deadlines. Ensure that you use examples which illustrate a pattern, rather than a one off incident, which is very uncommon. Furthermore, always use concrete examples and not interpretation of what you hear or see.
With constructive feedback, your focus should be on helping the employee improve their performance and work on their areas of development.
However, simply pointing out their weaknesses or negatives in their performance will not help. You need to also talk about some of the positive aspects of their performance and how those qualities can help them absorb and implement their constructive feedback.
Emotional intelligence is extremely important when delivering constructive feedback. You cannot be apathetic towards your employee when delivering the same. Put yourself in their shoes to choose your phrases carefully. We will share some examples in the next section. Also, use your EQ to read the situation when you are delivering the feedback. If you see that the employee is getting uncomfortable, take a pause and comfort them first. Read their gestures and body language to ensure that the employee is not feeling attacked.
Like it or not, constructive feedback involves pointing out one’s weaknesses and areas of improvement. However, you should refrain from equating the performance of the employee with his/her personality or whole self. For instance, if someone misses deadlines, encourage them to be more organized or prioritize important work, than labeling them as a procrastinator.
While you are delivering the constructive feedback, you have to make sure it is a dialogue.
The idea is to give the other person enough room to share their side of the story.
Try to understand whether or not they agree with your feedback and how they perceive the same. They may share the lack of support or resources, which have resulted in a weak performance. Be open to some reverse feedback as well. Again, your EQ must be at play here. If your employee has an outburst, or reacts negatively, you need to stay composed and calm them down.
Once you and your employee are aligned on the areas of improvement, the most important part of constructive feedback is to provide adequate solutions to address the performance challenges. Don’t give abstract or vague solutions like be punctual if the employee misses deadlines. Rather, give very specific and action oriented solutions which are directed towards a particular outcome. The idea is to collectively understand the cause of the weak area of performance and use concrete solutions to remedy the same.
Now that you have shared some potential solutions, you must revise the top action items with your employee to avoid any confusion. At the same time, you should focus on creating a time bound plan with key milestones to ensure that development is taking place. Summarize what was discussed and how you will proceed from there. Best is to set up a date to review the progress to ensure constructive feedback is paid heed to.
Read our article on Start Stop Continue Feedback to give action oriented feedback
Here are top 20 constructive feedback examples that you can use during your next conversation. To make your constructive feedback more effective, we have also illustrated examples of what you should steer away from.
I would really like to know how you have progressed on the tasks assigned to you last month. It would be ideal if you could share a progress update on what has been achieved with a small summary of challenges/ support needed at the end of every week to ensure everyone is on the same page.
You have not kept your team updated about your work, this is highly unprofessional.
I was going through the work you submitted last week and I can see you have put in a lot of effort. However, I could see that there were some small errors and inaccuracies in the report across multiple sections. I believe that if you proofread your work thoroughly before turning it in, it will reduce the number of iterations and improve your quality of work.
You seem completely distracted as you have been submitting flawed and below average work, this will not be tolerated.
I understand that you are working on multiple projects, however, you need to ensure that the most important projects are not overlooked and their timelines are not missed. Therefore, I would suggest you create a list of tasks you are working on and check with the respective reporting managers on the priority and set clear expectations to ensure that no deadlines are missed.
You have missed your deadline again, it seems like you are not serious about you work.
I see that you have been able to achieve only a part of the goals that you set out for this year. Maybe you were trying to spread yourself too thin. I would suggest you reduce the number of projects you are working on and ensure that the goals you set you are able to achieve. Furthermore, you must be vocal about the support or resources you need to achieve your goals.
Are you even serious about your work, your level of goal achievement indicates otherwise.
I see that you have been taking some time off lately, without any prior intimation. Let’s try to understand if there is a particular reason for the same. We can work on your schedule to make it more flexible.
You have been missing all meetings lately, this tardiness is not appreciated.
I see that you are excellent at execution of ideas. However, I believe that you need to focus more on coming up with solutions on your own. I would suggest participating more in the brainstorming sessions and coming up with solutions. Try to think on your own, before you reach out to others with the problem.
You lack any problem solving capabilities, and will be stuck to execution for the rest of your career.
Constructive feedback is integral to organizational success. Here are a few things to keep in mind:
While performance management has been a key priority for organizations, for a long time, year end reviews were considered to be the most effective way to facilitate the same. However, recently organizations are observing a shift towards continuous performance management with an introduction of the performance management cycle. This article will focus on different aspects of the performance management cycle and how it enables unlocking the potential of high performance teams.
Before going into the diverse aspects, you should first understand what a performance management cycle essentially is. If you have an idea of what continuous performance management is, you’re already a step ahead in the understanding. Performance management cycle primarily is a way or a model in which you evaluate or focus on the performance of your employees throughout the year. The idea is to break down the different elements of employee performance into different stages and focus on them consistently. It starts with setting goals and ends with rewards for a job well done, which leads to setting of new goals and the performance management cycle resets.
While you may want to divide your performance management cycle into any number of stages, mostly there are four stages.
The first stage, at the very beginning of the performance management cycle, focuses on creating a plan for the performance ahead. The idea is to have a clear understanding on what your employee must achieve and how you will eventually review and evaluate them. During the planning stage, you and your team member, collectively should:
Thus, the planning stage of the performance management cycle sets the tone for the year ahead and ensures there is clarity at all levels.
Once the goals have been set in the planning stage, you enter the monitoring stage of the performance management cycle. This stage essentially focuses on ensuring that things are moving as planned. The idea is to ascertain that your team members are more or less on track for specific milestones outlined as a part of goal setting. Additionally, this stage will help you address any performance challenges that you may observe, sooner than later. Monitoring stage includes:
The monitoring stage essentially focuses on tracking the performance of your employees against the set goals to provide constructive feedback and help them perform better.
The third stage of the performance management cycle comes into existence towards the end. It involves reviewing the performance and providing ratings based on the established KPIs and metrics. While this is the formal review process, if you have been constantly monitoring the performance of your employees, this will essentially be a consolidation of all the reviews and feedback shared overtime. While delivering performance reviews, ensure that you:
Since you have been connecting regularly with your employees, the reviews will not come as a surprise to them, but will help you monitor the trends of their performance and guide the next stage for the employee’s professional growth.
Finally, the rewarding stage in the performance management cycle acts as a culmination to one cycle and sets stage for the commencement of the next. The objective is to take into account their performance over the performance management cycle and create a culture of rewards and recognition to celebrate and appreciate high performance. Some of the quick ways to reward your employees include, giving them:
This stage is important to make your employees feel valued and motivate them to keep the performance going. It will also push average performers to step up their efforts and enable you to create a high performance culture.
Now that you understand the various stages of a performance management cycle, let’s quickly look at why the performance management cycle is important for your organization. It will help you:
In addition to the above mentioned benefits, a performance management cycle can help you build a high performance culture in a number of ways. Some of the top aspects include:
What constitutes high performance can be abstract. For some, closing 5 deals can be high performance, for others, it might be closing 15. Planning stage in the performance management lifecycle will help your employees understand what constitutes high performance and thus, proceed towards it.
A key part of the performance management cycle is the rewards and recognition. When employees feel their performance is being valued and recognized, they tend to double up their efforts, leading to a high performance team.
Monitoring and tracking followed by 1-o-1 conversations can help you communicate with your employees regularly. Not only will you track their performance, but will also listen to their concerns or challenges and offer them feedback. Such conversations and feedback have a positive impact on performance, leading to a high performance culture.
One of the foundations of high performance is enabling your team members to undergo the right training. Performance management cycle can help you understand which training is important for your employees at which performance stage, realizing high quality results.
As a manager, there are several ways in which you can unlock the true potential of a performance management cycle. You are one of the key stakeholders who plays an important role in every stage of the cycle. Here are a few tips that can help you augment the effectiveness of the performance management cycle:
A performance management tool can significantly help you streamline your performance management cycle by offering the following benefits.
Get automated performance snapshots of your employee’s performance over the 9 box grid to track performance trends over time and provide reviews without recency bias.
Leverage guided templates with AI based suggestions for your 1:1 conversations with employees during the monitoring stage based on performance over time. Receive suggested talking points for goal-centered conversations.
Look at historic feedback to see improvement in performance and compare performance over time. You can also compare performance of peers over specific parameters.
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