Goal setting and goal management are two critical steps in any performance management process. To ensure that your goal setting and management works well, pay due attention to these five tips. Align organizational goals to individual goals to ensure employee commitment. Create a culture of continuous learning (relevant to goals & job) in the organisation...
Goal setting needs to be done right so organizations can succeed while employees are motivated to perform and be aligned with organizational objectives. This is why it is necessary to make one’s goal setting follow the SMART way, where S.M.A.R.T is an acronym that stands for Specific, Measurable, Achievable, Relevant, and Timely. Specific: Well-defined goals...
The names of some of the world’s biggest achievers grace the list of companies that adopted the OKR methodology for better performance while driving employee engagement. What are the key components of this methodology? Set objectives and break them down to measurable key results. Set stretched goals to push employees to achieve their potential fully...
Startups need a coherent human resource management policy to ensure their success, and to scale up while dealing with challenges. What should one keep in mind when setting a scale-up strategy for a startup, especially with reference to their HR practices? Their strategy needs to focus on the following: Create an organizational culture to encourage...
The overall business performance of a company depends upon how well it manages the performance of its employees. This is why organizations need systems that establish the necessary processes to monitor and measure the performance of their employees. A performance review system that sets clear and specific performance expectations for every single role needs to...
OKRs are important for a business to achieve the objectives they desire to achieve within a particular time-frame. OKR is a robust methodology that enables the business to gauge its performance periodically and stay in line with its overall business objectives. This article deals with frequently asked questions related to the following broader features of...