The
goal of every business owner is profitability. An organization's success majorly
depends on the employees' performance. Poor performance is adverse to the
company's success. Creating a Mandate for Performance to manage and coach the
work force requires the expertise of a human resources manager and the support
of the company's administration. This plays a crucial role in achieving the
company’s goals and standards.
Today’s Performance Mandate is based on the following
factors:
- The need for performance documentation due to regulatory requirements, to support employee reviews and/or compensation decisions, and for talent staffing and management.
- The need to engage employees to improve productivity, performance, and alignment with corporate objectives.
- Consumerism. Employees want access to information. Employees want the same tools and functionality at work that they have access to at home. This means technology must be easy to try, buy, use technology.
The Business Case for Engaging the Workforce:
A comprehensive
review by the Department of Labor of more than 100 studies that examined the
link between progressive people practices and improved bottom line results
concluded that there is a positive relationship between training, motivating,
and engaged employees and improvements in productivity, employee
satisfaction and financial performance.
• Highly engaged employee companies
enjoy 26% higher employee productivity, lower turnover, higher talent
attraction, and greater shareholder return.
• Talent management practices power
engaged companies to achieve higher profit per employee by nearly 40%. This
brings up a great contribution to the company’s success.
Common Characteristics of High Performance Workforces:
Clearly the most
noticeable difference between the higher-performing workforce and a normal
workforce is in the level of energy and emotional commitment that employee’s
exhibit on the work floor.
• They have clear approach towards
the company’s goals and plans (connection between daily people performance and
financial objectives).
• They engage in a valuable
communication with all the company members (healthy dialogues).
• They develop and maintain positive
relationships among all the members (sense of community).
• They are ready to solve all the problems
anytime and make worthy decisions on a timely basis (culture of accountability
and customer-orientation).
• They successfully manage conflicts
and resolve them between themselves.
• Facilitate productive meetings among
the employees (Time, resources and results sensitive).
• Clarify roles assigned for team
members.
• All the employee’s operates in a
productive manner.
• The team leaders exhibit effective
team leadership to all the members.
• The team leaders provide best development
opportunities for team members.
• All the employee’s have an aligned
(unified) commitment of vision, mission, and values towards all the Business
Strategies.
Each successful
business organization reaches peak workforce performance within an integrated
organization approach or path that generates wide spread effect on the employee’s performance. The measures implemented are well planned
and followed about how the positive energy is channeled to yield higher
performance from the employee’s. The energy sources and channels of performance
mandate are supported by systems that simultaneously impact performance and
fulfillment of aligned goals in an organization.
About
BullseyeEvaluation: BullseyeEvaluation is a performance management solutions company that optimizes
organizational performance of companies, nonprofits, and academic Higher Education institutions. We are
dedicated to formulating the right solutions for our customers and the ongoing
care required for optimizing their performance
management through our solutions. For further details visit http://www.bullseyeevaluation.com/
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