The Everyday Leader's Toolkit for Effective
Download the PDF
At its heart, performance management is meant to help employees and leaders "define, monitor and optimize outcomes necessary to achieve organizational goals and objectives." That's something we can all agree is important in any workplace.
Yet, one thing we know for sure is that the traditional approach to performance management isn't working for most people. Not only do just 14% of employees strongly agree that their performance reviews inspire them to improve (Gallup), but 95% of managers also report that they are dissatisfied with their performance management system (Qualtrics). Meanwhile, a Gartner study found that 82% of HR leaders say their performance management process is not meeting its primary goals only and only 38% feel it keeps up with the needs of the business.
So, if we know that performance management is important and feel that what worked in the past isn't working today, then the obvious answer is to rethink our tactics and change our approach. Even if you aren't in a position to make large-scale systematic changes to your organization's performance management process, you are absolutely capable of making make small, incremental changes to your personal approach that over time add up and positively impact your employee's engagement with their job and satisfaction at your organization.
Performance Management Resources
Want to learn more about performance management? The following articles contain a wealth of knowledge on the topic.
How To Write a Performance Improvement Plan
A performance improvement plan is a formal document created for individuals who are not meeting performance standards in one or more areas of their role.
The FAQs of Managing Employee Performance
How do you evaluate employee performance? What are the most common performance issues? Find the answers to these questions and more in this article.
A Manager’s Perspective on the Performance Management Cycle
Learn each step of the performance management cycle and get the corresponding performance management tools in this article.
The Do’s and Don’ts of Performance Conversations
The purpose of a performance conversation is to discuss the state of an employee’s performance and to look forward to the future.
How to Host Better Performance Reviews
Here are six things you can do as a leader to host better performance reviews and make the experience feel worthwhile for everyone involved.