The annual performance review is about as old and tired as Granny. It's time for a change! Or is it?Either way, managing employees -- being able to deliver feedback in some consistent way is the bane of leaders' existence everywhere.
This week we share four perspectives on talent performance management, and ways to rethink some of the challenges you might be facing. Need help? Let us know -- talent performance management is one of our areas of expertise.
In the meantime, take a minute to rethink your perspective on the power of performance:
1) Rethinking the Review at Human Resource Executive Online
"'We came to a fairly quick decision that we would abolish the performance review, which meant we would no longer have a one-time-of-the-year formal written review,' says Morris. 'What's more, we would abolish performance rankings and levels in order to move away from people feeling like they were labeled.'"
2) The Myth of Motivation at The John Maxwell Company's Leadership Wired Blog
"To stir up the innate motivation in others, we must see through their eyes and feel through their emotions. As a leader, your goal isn’t to provide people with the enthusiasm to act, but to discover the desires that naturally animate them. Over the course of an hour-long dinner conversation you can almost always identify what makes another person tick by asking three simple questions."
3) 11 Methods for Dealing With Problem Employees at the Young Entrepreneur Council
"Deal with the whole tree, not just the bad apple. The best piece of advice I ever heard on this was that you should identify the problem employee and observe them for a week. See who they associate with and who they have their "water cooler" talks with. Generally, a bad apple is not isolated but part of a bad group. Deal with the group collectively and address any issues as a whole and don't be afraid to fire a few people at once."
4) Give Your Performance Management System a Review at the Harvard Business Review's HBR Blog Network
"The first step in any difficult change program is to acknowledge that your company has a problem. To help recognize that problem, maybe it's time you gave your performance management its own performance review. There are many ways to do this, including identifying the real business goals of having a performance system, and seeing if these goals are being achieved through employee surveys. You could also collect data about the actual behavioral impact that annual employee conversations have on teams."
exaqueo is a human resources consultancy that helps startups and high-growth companies build their cultures, employer brands and talent strategies. Contact us to learn more about how we can help you build a workforce that’s aligned with your company culture and develop an employer brand that will allow your business to grow in the right way.