5 Coaching Essentials To Look For In Your Next Performance Management System
Is your organization among the 70% that are reconsidering
their performance management strategy?
If so, here’s what’s next: coaching conversations.
Why? Organizations that focus on having more frequent
conversations outperform organizations that do not. As you consider
a new process, here are the coaching essentials to include.
Negative feedback during annual
performance reviews does not
motivate employees to improve.
In fact, it has the opposite effect.
Among companies with
dynamic evaluation models,
88% are committed to
65% of employees
said they wanted
feedback more often.
After companies remove
rankings, managers talk to
their employees 4 times more
often. 43% of highly engaged
employees receive feedback
at least once a week.
66% of employees say their
current performance review
process interferes with their
productivity, and 65% say it
isn’t relevant to their jobs. In
fact, 30% of performance
reviews actually decrease
A FOCUS ON
Organizations where employees
review their goals at least quarterly
were 4X as likely to score at the
top of Bersin by Deloitte’s Total
THE WRONG THING
Only one third of employees who
get the highest score in their
performance review are actually the
organizations’ top contributors.
77% of happy workers
think their supervisor
focused on their strengths
(compared to 4% of
A COOKIE-CUTTER APPROACH
58% of executives believe their current performance
management approach drives neither employee
engagement nor high performance.
Employees who thought they got to do their best stuff
every day were 44% more likely to earn high customer
satisfaction scores, 50% more likely to have low
employee turnover, and 38% more likely to be productive.
(AND 5 TO AVOID)
DON’T SETTLE FOR:
Reinventing performance management starts with
increasing the quality and frequency of your
Want to transform your everyday
conversations into great coaching?
Contact us today to see how to put coaching to work for you.
InsideOut Development, 4 Reasons to Dump Traditional Performance Management, infographic
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Coaching that works.
TO LOOK FOR IN YOUR NEXT