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7 MISTAKES OF PERFORMANCE
MANAGEMENT
- How it increases business costs
© Copyright
MISTAKE #1: NOT ALIGNING BUSINESS OBJECTIVES WITH
INDIVIDUAL OBJECTIVES
• If employees’ individual career
objectives are not aligned with
business objectives then:
• Employee Productivity is affected
• Retention is higher
= Increases Business Costs
© Copyright
• When performance appraisal is the only
provision to provide feedback for
employees
• Decreases employee engagement /
communication
• Increases frustration levels among
employees’
= Increases Business Costs
MISTAKE #2: PERFORMANCE APPRAISAL IS THE ONLY TIME
FOR FEEDBACK
© Copyright
• Recognition from customers is not
considered as a quantitative feedback for
employees. Then,
• Employees are not motivated
• Accurate compensation/ position is not
offered which results in loosing best of
employees’
= Increases Business Costs
MISTAKE #3: CUSTOMER FEEDBACK / RECOGNITION IS NOT
CONSIDERED AS EMPLOYEE FEEDBACK
© Copyright
• Managers are not personally responsible in
determining an employee’s feedback:
• Employees do not progress in neither
their work capabilities nor experience
• Accurate ratings are not given which
may result in loosing best employees
= Increases Business Costs
MISTAKE #4: MANAGERS ARE NOT INVOLVED IN CONTRIBUTING
TOWARDS EMPLOYEE FEEDBACK
© Copyright
• Not assessing an employee’s relevant
training needs (based on assessing their
work and feedback) results in
• Achieving less in more time
• Decreased productivity
• No learning and engagement
= Increases Business Costs
MISTAKE #5: EMPLOYEES ARE NOT TRAINED BASED ON THEIR
IMPROVEMENT AREAS
© Copyright
• There in no clear communication or insight
on what is expected from an employee or a
team. This will result in:
• Unproductive work
• Time is money but it is unutilized thus
resulting in:
= Increased Business Costs
MISTAKE #6: EMPLOYEES DO NOT HAVE A CLEAR
UNDERSTANDING OF WHAT IS EXPECTED OF THEM
© Copyright
• Employees are unsure of how their
performance / work is measured. There is
no feedback provided during work. This
results in:
• Instilled performance management
practices is not effective
• Demotivated Employees
• Employee competencies or the need for
high performance is affected
= Increases Business Costs
MISTAKE #6: EMPLOYEES ARE UNSUREOF HOW PERFORMANCE
IS MEASURED
© Copyright
IMPROWISE TOOLKIT TO CORRECT YOUR COMPANY’S
PERFORMANCE REVIEW PROCESS
• Improwise has built a Performance Management System (PMS) toolkit uniquely designed to suit your
organizational needs – not just implementing a talent management software but also effectively
engaging talent management best practices in every part of your organization.
WHY CHOOSE IMPROWISE?
• We're raising the bar on what you can expect from a talent management vendor.
• Improwise ranked No. 1 in customer satisfaction.
• We aim to help you build a high-performance culture where employees are aligned, inspired and
focused on delivering exceptional results.
© Copyright
THE ROAD TO PERFORMANCE MANAGEMENT
– PRODUCTIVITY AND ENGAGEMENT
A Step-by-Step Guide to
Finding the Fuel to
Energize Your Performance
Management Strategy !
© Copyright
“DRIVETHECHANGE”
IMPROVISATIONWORKSHOPS
BROUGHTTOYOUFROM
IMPROWISE
-- Just give us a call, we will estimate the
rupee value of the results you can
envisage through people practices. Let
us build a strong case for timely
transformation
IMPROWISE - PMS WORKSHOP
8BENEFITSOFWORKSHOP:STRATEGICANDOPERATIONAL
DRIVE THE CHANGE TOWARDS
TRANSFORMATION – JOIN
IMPROWISE’s PMS WORKSHOP
CONTACT US
MOB: 9880334333
E-MAIL:
rameshdasary@improwise.in

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Performance Management System - 7 Mistakes

  • 1. 7 MISTAKES OF PERFORMANCE MANAGEMENT - How it increases business costs
  • 2. © Copyright MISTAKE #1: NOT ALIGNING BUSINESS OBJECTIVES WITH INDIVIDUAL OBJECTIVES • If employees’ individual career objectives are not aligned with business objectives then: • Employee Productivity is affected • Retention is higher = Increases Business Costs
  • 3. © Copyright • When performance appraisal is the only provision to provide feedback for employees • Decreases employee engagement / communication • Increases frustration levels among employees’ = Increases Business Costs MISTAKE #2: PERFORMANCE APPRAISAL IS THE ONLY TIME FOR FEEDBACK
  • 4. © Copyright • Recognition from customers is not considered as a quantitative feedback for employees. Then, • Employees are not motivated • Accurate compensation/ position is not offered which results in loosing best of employees’ = Increases Business Costs MISTAKE #3: CUSTOMER FEEDBACK / RECOGNITION IS NOT CONSIDERED AS EMPLOYEE FEEDBACK
  • 5. © Copyright • Managers are not personally responsible in determining an employee’s feedback: • Employees do not progress in neither their work capabilities nor experience • Accurate ratings are not given which may result in loosing best employees = Increases Business Costs MISTAKE #4: MANAGERS ARE NOT INVOLVED IN CONTRIBUTING TOWARDS EMPLOYEE FEEDBACK
  • 6. © Copyright • Not assessing an employee’s relevant training needs (based on assessing their work and feedback) results in • Achieving less in more time • Decreased productivity • No learning and engagement = Increases Business Costs MISTAKE #5: EMPLOYEES ARE NOT TRAINED BASED ON THEIR IMPROVEMENT AREAS
  • 7. © Copyright • There in no clear communication or insight on what is expected from an employee or a team. This will result in: • Unproductive work • Time is money but it is unutilized thus resulting in: = Increased Business Costs MISTAKE #6: EMPLOYEES DO NOT HAVE A CLEAR UNDERSTANDING OF WHAT IS EXPECTED OF THEM
  • 8. © Copyright • Employees are unsure of how their performance / work is measured. There is no feedback provided during work. This results in: • Instilled performance management practices is not effective • Demotivated Employees • Employee competencies or the need for high performance is affected = Increases Business Costs MISTAKE #6: EMPLOYEES ARE UNSUREOF HOW PERFORMANCE IS MEASURED
  • 9. © Copyright IMPROWISE TOOLKIT TO CORRECT YOUR COMPANY’S PERFORMANCE REVIEW PROCESS • Improwise has built a Performance Management System (PMS) toolkit uniquely designed to suit your organizational needs – not just implementing a talent management software but also effectively engaging talent management best practices in every part of your organization. WHY CHOOSE IMPROWISE? • We're raising the bar on what you can expect from a talent management vendor. • Improwise ranked No. 1 in customer satisfaction. • We aim to help you build a high-performance culture where employees are aligned, inspired and focused on delivering exceptional results.
  • 10. © Copyright THE ROAD TO PERFORMANCE MANAGEMENT – PRODUCTIVITY AND ENGAGEMENT A Step-by-Step Guide to Finding the Fuel to Energize Your Performance Management Strategy !
  • 11. © Copyright “DRIVETHECHANGE” IMPROVISATIONWORKSHOPS BROUGHTTOYOUFROM IMPROWISE -- Just give us a call, we will estimate the rupee value of the results you can envisage through people practices. Let us build a strong case for timely transformation IMPROWISE - PMS WORKSHOP 8BENEFITSOFWORKSHOP:STRATEGICANDOPERATIONAL
  • 12. DRIVE THE CHANGE TOWARDS TRANSFORMATION – JOIN IMPROWISE’s PMS WORKSHOP CONTACT US MOB: 9880334333 E-MAIL: rameshdasary@improwise.in

Editor's Notes

  1. **Note: As the facilitator, read these notes prior to the workshop and use them as a script to supplement the workshop.** We are developing an in-house training course that will be mandatory for all employees of the organization, the aim of which is to fundamentally change the culture around quality of the performance conversations our managers have with their staff. This workshop is about creating this best practice through this do-it-yourself module. Summer is finally here and you’re ready for a road trip! But unlike other road trips, this one won’t end with your annual vacation time, because it’s about holistic change – and that change starts with people like you. The road to performance management is an ongoing cycle – not an event. This course will serve as a step-by-step guide to touching lives in the workplace.