Handling Workplace Conflicts Like a Pro: New Manager Edition

Addressing workplace conflicts with tactfulness and effective leadership is a pivotal responsibility for any manager transitioning into a new role. In today’s rapidly evolving organizational landscape, adeptly managing conflicts transcend mere harmony creation; it’s about fostering stronger teamwork, enhancing productivity, and amplifying output.

Conflict is no stranger to the workplace, as evidenced by a striking 85% of employees encountering it at some stage. Despite its prevalence, a surprising 76% of employees tend to avoid conflict.

By embracing a proactive approach to conflict resolution, new managers can cultivate a team culture characterized by open dialogue, mutual respect, and constructive problem-solving. By implementing the strategies outlined in this guide, emerging leaders can transform conflicts into opportunities for growth and learning.

Also read: HR Certification Guide: Choosing the Right Credentials for Career Advancement

Understanding Workplace Conflict

Workplace conflicts manifest in various ways, often stemming from issues such as ineffective communication, clashes in personalities, or competition for limited resources. Communication breakdowns can lead to misunderstandings and frustration, while differences in personalities may result in confusion and unmet expectations. Moreover, rivalry for resources like time, funding, or recognition can spark conflicts characterized by feelings of inequality or injustice.

Early detection of conflicts is essential for their swift resolution. Signs of discord may include missed deadlines, tense body language during interactions, or passive-aggressive behavior among colleagues. Recognizing these indicators necessitates proactive intervention to address and mitigate conflicts before they escalate. By understanding the different types of conflict and promptly identifying signs of discord, organizations can foster better working conditions and cultivate stronger, more cohesive teams.

Also read: Expert Tips for Networking With Other HR Professionals

Conflict Resolution Strategies for Managers

Implementing actionable strategies is key to fostering a productive and harmonious environment for managers aiming to proactively manage workplace conflicts. Explained below is how to resolve conflict in the workplace:

Proactive Measures (Before Conflict Arises)

Foster Open Communication

  • Encourage regular team meetings to facilitate communication and collaboration. These meetings provide a platform for team members to discuss progress, raise concerns, and brainstorm solutions collectively.
  • Implement an open-door policy where team members feel comfortable approaching you with any issues or ideas. Being accessible and approachable fosters a culture of transparency and trust, allowing conflicts to be addressed promptly and constructively.

Set Clear Expectations and Deadlines

  • Communicate expectations regarding roles, responsibilities, and project objectives from the outset. Ensure that team members understand what is expected of them and how their contributions help achieve overall goals.
  • Establish realistic deadlines for tasks and projects, taking into account individual workloads and potential obstacles. Clarity around deadlines helps prevent misunderstandings and ensures that work progresses smoothly and efficiently.

Promote Teamwork and Collaboration

  • Encourage a collaborative mindset by emphasizing the importance of teamwork and collective success. Recognize and reward collaborative efforts to reinforce this behavior.
  • Facilitate team-building activities and initiatives that foster strong relationships among team members. Building a cohesive team helps mitigate conflicts by promoting mutual respect, understanding, and support.
Also read: Leveraging Gamification for Enhanced Employee Training and Development

Reactive Measures (When Conflict Arises)

Step 1: Intervention

  • Act swiftly upon noticing conflict and address the situation privately to prevent escalation and maintain professionalism.
  • If tensions are high, consider separating the involved parties temporarily to allow for a cooling-off period and prevent further escalation.

Step 2: Understand the Issue

  • Practice active listening by providing a safe space for both sides to express their concerns without interruption or judgment. Demonstrating genuine interest in understanding their perspectives fosters trust and encourages open dialogue.
  • Ask clarifying questions to delve deeper into the conflict’s root cause. Understanding the underlying issues is crucial for finding effective solutions and preventing future conflicts.

Step 3: Find Common Ground

  • Identify and highlight any shared goals or objectives that both parties can agree on. Emphasizing common ground helps build a foundation for constructive dialogue and collaboration.
  • Encourage empathy and understanding between conflicting parties by fostering a sense of mutual respect and appreciation for each other’s perspectives.
Also read: Essential Skills for Excelling in a Remote HR Role

Step 4: Develop Solutions

  • Encourage all parties involved in the conflict to participate in a brainstorming session. Create an environment where everyone feels comfortable expressing their ideas without fear of judgment. Encourage creativity and out-of-the-box thinking to generate a variety of potential solutions. Ensure that each solution proposed addresses the underlying issues and concerns of all parties involved. 
  • A unilateral decision may be necessary in cases where reaching a collaborative solution proves challenging or time-sensitive. However, it’s essential to transparently communicate the reasoning behind the decision to all parties involved.

Step 5: Agree on an Action Plan

  • Clearly articulate the agreed-upon solution and outline specific steps that need to be taken to implement it. Break down the action plan into manageable tasks to ensure clarity and accountability.
  • Assign roles and responsibilities to each party involved in executing the action plan. Clearly define who is responsible for what tasks and set realistic deadlines for completion. This will foster accountability and ensure that progress is monitored effectively.
  • Establish checkpoints for follow-up and review to track progress and address any issues that may arise. Schedule regular meetings or check-ins to evaluate the effectiveness of the action plan and make adjustments as needed. By maintaining open lines of communication and accountability, managers can ensure that conflicts are resolved effectively and prevent recurrence.
Also read: Employee Time Management for Enhanced Work-Life Balance: The Ultimate Guide

Additional Tips for Managers

Maintain Confidentiality

Throughout the conflict resolution process, it’s paramount to uphold confidentiality to build trust among team members. Ensure that sensitive information shared during discussions remains confidential. This fosters a safe environment where individuals feel comfortable expressing their concerns without fear of reprisal.

Focus on Solutions, Not Blame

Shift the focus away from assigning blame and instead concentrate on finding solutions to resolve the conflict constructively. Emphasize the importance of forward-looking discussions aimed at addressing underlying issues and preventing future conflicts. By fostering a solution-oriented mindset, managers can guide parties toward mutually beneficial outcomes.

Be Prepared to Involve HR if Necessary

Some conflicts may escalate to the point where they require intervention from human resources (HR), particularly in cases involving bullying, harassment, or discrimination. HR is usually aware of the organization’s policies and procedures and can handle such situations carefully. Promptly addressing serious issues through appropriate channels demonstrates a commitment to maintaining a respectful and inclusive work environment.

By incorporating these additional tips into their conflict resolution approach, managers can effectively navigate complex workplace conflicts while upholding professionalism, fairness, and respect for all parties involved.

Also read: Proven Talent Sourcing Strategies To Wow Recruits and Crush Your Hiring Goals

Summing Up

Mastering the art of handling workplace conflicts is not just about resolving disputes; it’s about fostering a culture of understanding, empathy, and collaboration. By utilizing active listening, effective communication, and conflict resolution techniques, individuals can transform conflicts into opportunities for growth and innovation within their organizations. Remember, conflict is inevitable in any workplace, but how we choose to address and navigate it defines our success as professionals. Embracing conflict resolution strategies with professionalism and integrity not only resolves immediate issues but also strengthens relationships, builds trust, and cultivates a harmonious work environment conducive to productivity and mutual respect.

Remote Workforce

Frequently Asked Questions

  • How to handle conflicts with subordinates who may be more experienced than managers?

Acknowledge their expertise and experience while asserting your role as a manager. Focus on building a collaborative relationship based on mutual respect and trust. Seek their input and involve them in decision-making processes to leverage their knowledge and skills.

  • What role does empathy play in resolving workplace conflicts?

Empathy is crucial in resolving workplace conflicts. It helps individuals understand and acknowledge the emotions, perspectives, and concerns of others involved in the conflict. It fosters a sense of connection and promotes collaborative problem-solving.

  • Where to find additional resources or support for handling workplace conflicts as a new manager?

Consider seeking mentorship from experienced managers within your organization or attending training programs on conflict resolution and leadership skills. Additionally, there are many books, articles, and online resources available that offer valuable insights and strategies for managing workplace conflicts effectively.


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What Is Dotted-Line Reporting in Organizations?

Imagine a busy office atmosphere in which a group of people is gathered around a conference table to brainstorm futuristic solutions for the firm. Among them is Sarah, a marketing expert who reports to the project manager. For some guidance on a professional issue, Sarah reports directly to the marketing director, bypassing the project manager in the hierarchy. This is the normal course of hierarchy in the organization, so how does this work? Let us dive into the obscurity of dotted-line reporting.

Dotted-line reporting is a concept within organizational structures in which an employee has two reporting relationships: a solid reporting line to a direct supervisor and a dotted line to another manager or leader. The solid line shows the primary reporting structure, while the dotted line refers to secondary or additional reporting connections outside the direct supervision line.

Dotted-line reporting has a significant contribution to developing teamwork through enhancing collaborative activities, facilitating knowledge-sharing, and promoting cross-functional teamwork within the business environment. It provides employees with the ability to be part of projects, initiatives, or teams that extend beyond their departments´ boundaries.

Also read: A Guide To Bridging Generational Gaps At Workplace – Engagedly

What Is Dotted-Line Reporting?

Dotted-line reporting means that the employee ensures a continuous reporting line with their supervisor while having a second reporting relationship with another manager or leader. The secondary reporting system is identified with a dotted line on organizational charts, so it is called “dotted-line reporting.”

The two-level reporting relationship creates an environment where the employee can work on projects or initiatives that require inputs and views from more departments or functions. Even though the project duties fall under their direct supervisor’s authority, the project manager ensures the employee’s involvement in cross-functional areas through the dotted-line manager.

Through dotted-line reporting, organizations can utilize expert staff and promote teamwork and tactical alignment within creative and diverse groups. It ensures efficiency by reducing bureaucracy and silos and by encouraging everyone to participate in a wider effort beyond their specialized areas.

Dotted line reporting example in various types of organizational structures:

  • Cross-Functional Projects: Take the example of a software development company, where the engineers are usually reporting to the head of engineering. On the other hand, when engineers tackle a new product launch, their relationship with a product manager may be dotted-line reporting. This method ensures a smooth interplay between engineering and product development teams.
  • Matrix Organizations: In a matrix organization, people have both solid-line and dotted-line reporting relationships. For example, an organization might have a marketing manager who reports directly to the head of marketing but has a dotted-line reporting relationship with a regional sales director for a particular campaign.
  • Shared Services Centers: In firms with shared service centers, employees can also have redline reporting relationships with both their department manager and the shared services center manager. This guarantees a balance between the activities of the shared support team and the separate departments.

Here are some common reasons for using dotted line management:

  • Dotted-line reporting promotes collaboration by enabling individuals to collaborate beyond organizational boundaries.
  • Organizations use dotted-line reporting to identify and employ specialists or experts who may be situated in diverse departments or teams. This helps the group benefit from the synergy of resources.
  • Dotted-line communication endows the organization with the ability to adapt quickly to changing market and business requirements and develop cross-functional teams to cope with specific opportunities or issues.
Also read: Unlocking Managerial Excellence at the People’s Strategy Future of Work 2024

Benefits of Dotted-Line Reporting

Increased Efficiency & Expertise

Dotted-line reporting allows organizations to leverage skillsets across teams more effectively. By working in secondary reporting relationships, employees can contribute their specialized knowledge and expertise to projects or initiatives beyond their immediate departments.

For example, a marketing specialist with a dotted-line reporting relationship to a product development manager can provide valuable insights into customer preferences and market trends, enhancing the overall quality and effectiveness of new product launches. This cross-pollination of skills leads to increased efficiency as tasks are assigned to individuals best equipped to handle them, maximizing productivity and minimizing redundant efforts.

Also read: Why Does Every Manager Need Leadership Development?

Improved Communication & Collaboration

Dotted-line reporting breaks down silos within organizations and fosters communication and collaboration across functional boundaries. When employees have secondary reporting relationships with managers outside their immediate teams, it facilitates knowledge-sharing and the exchange of ideas.

For instance, a software engineer with a dotted-line reporting relationship to a user experience (UX) designer can collaborate more effectively on interface design, ensuring that technical considerations align with user needs and preferences. This enhanced collaboration not only improves the quality of outputs but also promotes a culture of transparency and teamwork, leading to greater employee satisfaction and organizational cohesion.

Enhanced Project Management

Dotted-line reporting streamlines project management, particularly for cross-functional projects that require input from multiple departments or teams. By assigning dotted-line reporting relationships to key project stakeholders, organizations can ensure clear accountability and coordination among diverse contributors.

For example, in a construction project involving architects, engineers, and contractors, each team member may have dotted-line reporting relationships to a project manager overseeing the entire project. This centralized oversight ensures that project milestones are met, resources are allocated efficiently, and potential bottlenecks are addressed promptly.

High Performance Culture
Also read: Proven Talent Sourcing Strategies To Wow Recruits and Crush Your Hiring Goals

Challenges of Dotted-Line Reporting

Conflicting Priorities & Confusion

Managing multiple reporting lines can lead to conflicting priorities and confusion among employees. They may receive instructions or feedback from different managers, each with their own agenda or perspective. This can result in uncertainty about which tasks to prioritize or which direction to follow, potentially leading to inefficiencies and frustration.

Performance Evaluation & Accountability

Performance evaluation and accountability can become challenging in dotted-line reporting structures. Employees may receive feedback and performance reviews from both their solid-line and dotted-line managers, which can be confusing and may result in discrepancies in expectations or assessments. Additionally, determining responsibility for performance outcomes and addressing underperformance can be complex when multiple managers are involved.

Communication Breakdown & Micromanagement

In dotted-line reporting, communication breakdowns can occur if expectations, roles, and responsibilities are not clearly defined. Employees may feel overwhelmed by micromanagement if both their solid-line and dotted-line managers provide detailed instructions or closely monitor their work. This can stifle autonomy and creativity, leading to disengagement and reduced productivity.

Also read: Essential Skills for Excelling in a Remote HR Role

Making Dotted-Line Reporting Work

Clear Roles & Responsibilities

To mitigate challenges, organizations must establish clear roles and responsibilities for both managers and employees involved in dotted-line reporting relationships. They must also define expectations, objectives, and areas of authority for each manager, ensuring that employees understand who to turn to for guidance on specific tasks or projects.

Open Communication & Collaboration

Foster open communication and collaboration among all parties involved in dotted-line reporting. Encourage regular check-ins, team meetings, and project updates to facilitate information sharing and goal alignment. Create channels for feedback and discussion to address concerns and resolve conflicts proactively.

Performance Management Strategies

Develop performance management strategies that accommodate the complexities of dotted-line reporting. Implement joint performance reviews involving both solid-line and dotted-line managers to ensure consistency and fairness in evaluating employee performance. Establish clear performance metrics and objectives aligned with organizational goals, providing constructive feedback and support for professional development.

Also read: Leveraging Gamification for Enhanced Employee Training and Development

Summing Up

In conclusion, dotted-line reporting is a creative approach in an organization that allows flexibility and collaboration between different departments. Workers can report to more than one manager, stimulating work between different functional areas. However, it can face challenges like confusion about power and responsibility. Therefore, establishing a good flow of information, clearly delegating roles, and fostering a supportive company culture are crucial to making the most of the dotted-line reporting system.

Performance Reviews

Frequently Asked Questions

  • Are there any alternatives to dotted-line reporting?

Yes, alternatives to dotted-line reporting include solid-line reporting, where employees have a single reporting relationship to one manager, and functional reporting, where employees report to managers within their specific functional area or department. Organizations may choose the reporting structure that best fits their unique needs and goals.

  • How does dotted-line reporting impact career growth and development?

Dotted-line reporting can provide employees with opportunities to gain exposure to different organizational areas, develop new skills, and expand their professional networks. By working on cross-functional projects or collaborating with colleagues from other departments, employees may enhance their career prospects and advancement opportunities within the organization.

  • Can dotted-line reporting be used in remote work environments?

Yes, dotted-line reporting can be effectively utilized in remote work environments by leveraging digital communication tools and platforms to facilitate collaboration and coordination between teams and managers. Clear communication channels, regular check-ins, and virtual meetings can help maintain alignment and accountability despite physical distance.


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Employee Time Management for Enhanced Work-Life Balance: The Ultimate Guide

“Either you run the day, or the day runs you.” – Jim Rohn 

Are you witnessing your team rigorously putting in the hours but failing to deliver the results? 

If yes, the chances are they are being run by the day and not the otherwise. 

If these are a handful count of people, then you might blame procrastination for that. But if it’s a case of consistent underperformance across the entire team, it is a clear-cut indication of your employee time management practice being compromised. 

So,  if your dream of building a productive workforce seems elusive, it’s time to take action. 

But how do you reclaim your team’s productive lost hours and pep them up for the time-secured future?

Below are the nine actionable tips for you to help your team enhance their time management skills. 

But before heading straight to the solutions, let’s learn what time management is and its importance. 

What is Time Management?

Time management is gaining strategic control over time spent on specific tasks and activities. It is a skill of organizing, planning, and allocating the right time to the right priorities while managing interruptions. 

The practice ensures your time is perfectly coordinated with the tasks available in the pipeline. You can improve your efficiency and productivity by making the best use of available time in your hands. After all, the prime goal is to work smarter and not harder. 

What is The Importance of Time Management for Employees?

Efficient time management is not specific to any role. 

Time is really the only capital that any human being has and the only thing he can’t afford to lose. – Thomas Edison.

Be it employees or employers in the workplace; time management abilities bring value to your efforts. But their role in an employee’s performance remains undeniable. Why? Because employees form the basis of business operations.

When employees struggle to manage their time, the entire project cycle gets disrupted. And the consequences?

  • Missed deadlines
  • Reduced productivity levels
  • Increased burnout
  • Decreased motivation
  • Higher turn-over rates
  • Delayed projects
  • Lower quality work

However, mastery of time management helps employees put their best selves forward. These dedicated efforts then combine to drive organizational success. 

Some of the benefits of implementing time management strategies for both individuals and organizations are – 

  • Streamlined task completion
  • Better focus and concentration
  • Increased accountability
  • Superior work standards
  • Improved productivity and efficiency
  • Increased work-life balance
  • Improved job satisfaction
  • Punctuality in meeting deadlines
  • Positive organizational reputation 
  • Optimal workflow control

Performance Management System

Key Tips to Improve Employee Time Management?

Creating a more productive and efficient work environment is a top-most priority of successful managers. When you invest time in shaping employees’ time management skills, the results go beyond the charts. 

The more you do, the better the outcome. 

So, here are some time management hacks to strengthen your employees’  skills for maximizing outputs and building a culture of success.

  • Set Clear Goals

If you want to make good use of your time, you’ve got to know what’s most important and then give it all you’ve got. – Lee Iacocca

Before you keep an eye on your employees’ progress levels, make sure to define and establish clear SMART goals. With that, I mean the goals that are specific, measurable, achievable, relevant, and time-bound. 

A vague task schedule is nothing but a trap you unintentionally set for your employees. But when they clearly understand what is expected of them, they can channel their efforts in the right direction to serve the purpose.   

  • Delegate Strategically

Delegating tasks without considering your employees’ strengths and weaknesses undoes your efforts to square one. Apart from that, workload capacity and availability are the other two factors that should become a part of your consideration stage.  

When you assign the right tasks to the right people, you ensure employees are empowered enough to focus on what matters the most. So, make sure not to put too much on their plate that overwhelms them and causes them to be frustrated. 

  • Prioritize Not Multitask

While some individuals are pro multitaskers, others miserably fail at it. Rather than imposing multitasking on your employees, inject adaptability and flexibility into your operations. 

Trust in their decision abilities and do not micromanage them all the time. Educate them on prioritization skills, helping them differentiate the thin line between urgent and important tasks. This ensures they plan their schedule better and execute the most critical objectives first. 

  • Encourage Downtime 

While you may have more inclination towards the popular belief of consistent work grind, the practice, however, makes an individual less productive. Also, working beyond the actual work hours is a surefire way of draining your energy to the core. 

Time-to-time work disconnection acts as rejuvenating shots that keep you running. Encourage your employees to take breaks, quick stretches, and relaxation moments. But do not forget to educate them on being mindful of their break duration. Because too much stretch will sabotage your time management practices.

  • Promote Strategic Planning

“Every minute you spend in planning saves 10 minutes in execution; this gives you a 1,000 percent return on energy!” ― Brian Tracy, author and motivational speaker

Your employees can’t keep hold on time? Teach them what effective planning can do to their schedule. 

A thorough, strategic plan can help your employees extract the most of your time. And cut out redundant efforts spent on trivial and recurring tasks. After all, it is a profitable investment in making smart and informed decisions to get the right things done at the right time. 

  • Provide Outside Support 

Apart from capitalizing on your responsibilities, you can consider outsourcing some external assistance for the team. You can host time management training workshops and events in a physical setting or host online sessions. 

Moreover, by leading by example, you can set the standard for efficiency for your workforce. Keep your doors open and be approachable to everyone needing help. You can even encourage peer knowledge sharing by hosting group training sessions.

  • Prioritize Continuous Learning

Time management skills are no one-time fix. It is a consistent process of learning and improving. Do not just sit around and expect everyone to turn into a productivity manic the next day. 

You need to create an environment that encourages employees to stay informed. By providing courses, books, a knowledge base, and articles, you can ensure everyone stays updated using these convenient sources. After all, it is key to thrive and survive in a fast-paced environment.

  • Use Time Management Tools 

90% of individuals admit to wasting time while on the clock, which forces the need to use time management tools. These productivity boosters help employees monitor their activities and stay productive.

With these tools in your arsenal, you can segregate your employee workload and plan tasks accordingly. Also, you get insights into time spent on tasks, time-draining activities, and the areas for improvement. And utilize the data to maximize employee efficiency.     

  • Encourage Open Discussion

Despite letting your employees struggle and wrestle with time management, encourage open communication and feedback exchange. Allow your employees to be open about their problems and success stories. 

You can host feedback exchange rounds and share time management strategies and innovative approaches in meetings. Or you can even address individual-specific issues in one-on-one sessions. This results in helping employees feel more empowered in their time management skills. 

Conclusion 

Employee time management is a vital skill set. 

And as a manager, it becomes your responsibility to address all the potential challenges causing inefficiencies. Be it unclear priorities or constant workplace interruptions, tackling the situation head-on is the first step to boosting their productivity and efficiency levels.

From fostering open discussion to setting clear goals, you need to educate your employees on the importance of time management. And with a firm commitment only, you can help your employees in overcoming obstacles

Goal settings and OKRs


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Why Does Every Manager Need Leadership Development?

In the dynamic landscape of modern business, a manager’s role has transcended traditional boundaries, evolving into that of a supervisor and visionary leader. Today, effective leadership is essential for companies striving to remain competitive and innovative. Continuous leadership development is crucial, as it empowers managers to fulfill their multifaceted responsibilities.

While management involves coordinating resources and processes, leadership goes beyond influencing, motivating, and fostering a shared purpose among team members. The shift from a conventional managerial role to that of a forward-thinking leader requires ongoing training and development.

The increasing prominence of leadership development programs underscores their role in shaping managers into effective leaders. These programs provide a structured approach to enhancing interpersonal, communication, strategic, and emotional intelligence skills. By participating in such programs, managers gain the ability to navigate challenges, lead diverse teams, drive innovations, and cultivate a continuous learning environment. Let’s explore the various benefits of leadership development for managers in organizations.

Also read: Why Frequently Recognizing Employee Contributions Is Essential

Benefits of Leadership Development for Managers

At the core of organizational success is leadership development, a driving force that enables managers to enhance their skills, benefiting both the team and the overall workforce. The section below discusses the paramount significance of leadership development:

  • Improved Communication Skills

Effective communication lies at the core of leadership. It enables managers to succinctly and clearly convey their vision, expectations, and feedback to team members. By actively listening to the needs of everyone, managers foster an open and inclusive environment, making employees feel heard and valued. Additionally, strong communication skills foster collaboration, minimize conflicts, and cultivate cohesive relationships.

  • Enhanced Decision-Making Abilities

Leadership involves crucial decision-making for team members and the organization. Leadership development equips managers with skills to analyze complex situations, weigh pros and cons, and make well-informed choices. Additionally, exposure to diverse decision-making models and real-world scenarios enables managers to strike a balance between short-term and long-term objectives. It also aids in the comprehension and interpretation of quantitative data and qualitative insights.

  • Increased Employee Engagement

Leadership development encompasses the art of inspiring and motivating team members to achieve their utmost potential. Through this process, managers gain valuable knowledge on understanding the diverse needs and aspirations of individuals. By aligning individual goals with organizational objectives, it fosters a sense of purpose and engagement. As a result, it contributes to higher job satisfaction, increased engagement and productivity, and decreased turnover rates.

Also read: Importance of Training And Development For Employees: 12 Benefits
  • Better Conflict Resolution Skills

Conflicts are a common occurrence in the workplace, but effective leaders possess the necessary skills to manage and resolve them. Leadership development programs for managers emphasize the importance of addressing conflicts promptly to prevent them from escalating into significant problems that impact teamwork and productivity.

Managers benefit from conflict resolution skills such as active listening, empathy, and negotiation. These abilities help them navigate disagreements and find mutually beneficial solutions.

  • Increased Adaptability

Every successful leader should embrace and adapt to the constant evolution and growth of various landscapes. This includes being open to continuous learning and adjusting to changes, whether they are technological, financial, political, social, or customer-related. By effectively adapting to these changes, managers can position themselves to effectively manage their team members.

During economic restructuring, individuals need to utilize robust resources and optimize business operations to accommodate these changes. Leadership development plays a vital role in enabling managers to maintain an open-minded approach, seize new opportunities, and drive the growth of the business.

  • Improved Emotional Intelligence

Successful leaders possess higher emotional intelligence (EI), which encompasses self-awareness, self-regulation, social awareness, social regulation, and motivation. These qualities contribute to making informed decisions and setting future goals.

Leadership development programs aid managers in managing stress and finding a balance between the company’s needs and employees’ expectations. While some leaders have a naturally high emotional quotient (EQ), training can enhance the EQ of those with lower levels.

Also read: How to Manage Grapevine Communication in an Organization
  • Improved Efficiency

Successful business leaders must effectively balance a diverse range of responsibilities within a specified timeframe. However, conflicting opinions and time constraints often hinder the quality of these tasks. Hence, mastering time management is vital for every leader.

Leadership development programs empower managers to identify strategies for enhancing business efficiency and achieving goals. These programs enable managers to prioritize core tasks over repetitive administrative projects.

  • Dynamic Team-Building

Successful organizations in the global business landscape prioritize diversity and inclusivity. Effective leaders focus on identifying the most qualified employees, regardless of ethnicity or gender, to drive company success. Leadership development programs equip managers with the skills to hire individuals with diverse and adaptable skill sets. They excel at evaluating candidates based on their ability to fulfill the business’s objectives.

  • Improved Mentorship Abilities

Effective leaders and managers act as mentors to their team members, providing guidance and coaching. Leadership development programs equip managers with communication and coaching skills to foster mentorship. Sharing knowledge and experiences with team members creates a supportive and nurturing environment, encouraging employees to seek guidance from their mentors.

  • Increased Accountability

For a company’s leader to foster trust and synergy within their team, they must embody honesty and transparency. They must take accountability for their team members’ action plans, demonstrating leadership development by humbly accepting mistakes and failures. Additionally, actively listening to employees with an open mind and without hesitation nurtures an environment of trust, particularly during uncertain times.

Also read: 5 Companies Embracing Diversity and Inclusion Through Initiatives

Strategies for Implementing Leadership Development Programs

Leadership development programs help nurture future leaders in the organization. However, executing the program needs proper planning to bring out its effectiveness. The following section describes strategies to implement the programs:

  • Providing Ongoing Coaching and Feedback

Leadership development programs go beyond formal curriculum training sessions. They should also include coaching and feedback to support the growth of emerging leaders. Personalized guidance from mentors or coaches can help participants apply their skills in real-world situations.

Regular feedback sessions provide an opportunity for leaders to identify and rectify mistakes, as well as recognize their strengths. This ongoing support fosters self-awareness and a dedication to continuous learning.

  • Creating Opportunities for Skill Development

The leadership development programs take a practical approach to help leaders understand corporate cultures. One effective method is through job rotations or cross-functional assignments in different departments to expand their skills.

Additionally, companies can provide challenging projects to encourage leaders to step outside their comfort zones and develop new capabilities. Conducting workshops and seminars on skill development or knowledge sharing also equips leaders with the necessary learning.

New leaders can benefit from studying case studies or previous company projects to gain practical experience in decision-making, problem-solving, and strategic thinking within a supportive environment.

Also read: Engagedly + Meta Workplace: Elevate Rewards and Recognition to New Heights
  • Setting Leadership KPIs

Having a strong sense of accountability and setting clear goals greatly contribute to individuals’ progress and personal growth. It is essential to establish key performance indicators (KPIs) for managers, enabling them to track their objectives and metrics effectively. Moreover, organizations should acknowledge and support leaders’ achievements by providing guidance and access to various resources.

  • Providing Micro-Development Opportunities

In addition to coaching or mentorship programs, companies can offer micro-development opportunities such as organizational events, networking gatherings, or special short-term projects. These opportunities assist managers and other employees in understanding the responsibilities of leadership, while also providing them with leadership experience and the confidence to regularly enhance their skills. By participating in such initiatives, future leaders can build the necessary confidence to handle more challenging projects and responsibilities.

Also read: Importance of Goal Setting for Employees

Summing Up

In today’s evolving business landscape, managers need more than traditional skills—they require effective leadership. Leadership development programs are essential for shaping managers into visionary leaders, equipping them with the skills needed to navigate challenges, lead diverse teams, and foster innovation. These initiatives play a crucial role in preparing managers for multifaceted responsibilities in a dynamic environment.

Also read: Streamline Learning Automation and Revolutionize Employee Development

Frequently Asked Questions

  • What is the best leadership style?

The democratic leadership style stands out as highly impactful for managers, as it fosters active participation from team members in all processes. This approach values open communication, allowing everyone to express their opinions, and fostering a culture of mutual acknowledgment and learning.

  • How do leadership development programs contribute to improved communication skills for managers?

Leadership development programs focus on enhancing interpersonal and communication skills for managers. These programs help managers articulate their vision, expectations, and feedback clearly, fostering an open and inclusive environment for effective team communication.

  • In what ways does leadership development contribute to increased employee engagement?

Leadership development includes strategies for inspiring and motivating team members and aligning individual goals with organizational objectives. This fosters a sense of purpose and engagement, leading to higher job satisfaction, increased productivity, and decreased turnover rates.

Talent Management


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How To Create A Performance Management Plan?

With so many elements to manage, your performance management plan must work well for HR professionals and your employees. In this article, we will discuss how to create a performance management plan that will motivate your employees and help them be the best they can be in their job roles. Whether you’re dealing with high performers or those who need improvement, this article will help you manage them well.

Learn how to determine benchmarks and goals, communicate effectively, and follow up with employees to create an effective performance management plan for your company. Along with HR, we have interacted with leaders from accounting, IT, sales, marketing, customer service, and management who have all shared their tips on how to design a PMP that works well in their organizations. 

What is a Performance Management Plan?

A performance management plan is a strategic process that organizations use to improve employee performance and achieve business goals. It involves setting expectations, defining goals, providing feedback, and evaluating performance to enhance productivity and align individual objectives with organizational success.

Performance management plans are required to document an employee’s goals and objectives related to the organization’s goals, along with the skills and competencies needed to achieve these goals. Effective performance management plans can help an organization thrive, and they can even help keep your employees happy and engaged in their jobs! 

How to Create a Performance Management Plan? 

The following section talks about the performance management planning processes. It is important to have skilled and experienced HR leaders on board while planning the process. It will help steer the team in the right direction and avoid any discrepancies from creeping in. 

  1. Document goals clearly: Once you know the direction to be taken, it’s time to create clear and measurable goals.
  2. Communicate with your employees: Once the goals have been created, it’s important to communicate them with employees so they can work towards them. Check-ins are an effective way of providing feedback to employees on their progress and rewarding them when they do well. 
  3. Provide feedback regularly: It’s also important to provide regular feedback to your employees by monitoring their progress. By checking in regularly with your employee, you’ll learn how they’re doing and provide helpful guidance as needed. When there are problems, give timely and constructive feedback so they know where they stand.
  4. Keep track of progress: There’s no point in holding back until the end of the year to evaluate performance! Track your employees’ progress throughout the year and make adjustments where necessary. At least once a quarter, review past assessments with your team members to identify any changes that may be needed going forward.

performance management

Questions to Consider While Creating a Performance Management Plan

As an HR professional, you need to be clear on the business objectives of your organization to create an effective performance management plan. What are the goals of the company? What does success look like? Once you have answers to these questions, you can begin to create a plan that will help employees achieve these objectives.

  • Define what the organization’s goals are and what success looks like.
  • Assess where the organization is currently at in terms of achieving these goals.
  • Identify any gaps between where the organization is currently and where it wants to be.
  • Develop strategies for closing these gaps. 
  • Determine how each strategy will help the organization reach its goal. 
  • Determine who needs to be involved in this process, including managers and staff members who should be measured using this process 
  • Establish a timeline for implementing each strategy (e.g., set specific dates by which certain tasks must be completed). 
  • Put everything together into one document—preferably with short sections and bulleted points – so that it’s easy to read and understand.
  • Send out to appropriate stakeholders or colleagues for feedback or edit as needed

Get Up-to-date Responses

This will give you insight into how others perceive your work and where you can improve. Here are some tips for getting started: 

  • Talk to your manager – ask for specific feedback on your recent performance and where improvement is needed. 
  • Talk to your peers – ask them how they perceive your work and what areas they think you could improve in. 
  • Use performance review tools – many online tools can help you assess your performance, such as 360-degree feedback tools or performance appraisal software. These types of assessment tools will provide you with objective data about how well you’re doing in certain aspects of your job and can help guide your development.
  • Identify strengths and weaknesses – make a list of both the strengths and weaknesses that were identified by others, then take some time to explore these ideas. Consider the possibility that some of the perceived weaknesses may be strengths in disguise! 
Also Read: The Ultimate Guide: Develop a KPI System for Performance Reviews

Measure Current Performance

To create an effective performance management plan, you first need to measure current performance. This will give you a baseline against which you can measure future progress. There are several ways to measure performance, but some common methods include surveys, interviews, focus groups, and data analysis.

All these methods have pros and cons. Hence, you need to identify what is most appropriate for your company. Once the right approach is known, you need to set SMART (Specific, Measurable, Actionable (and specific), Realistic (and challenging), and Time-bound (to define when objectives should be met)) goals. Next comes the tricky part – determining what type of disciplinary action or reward system is apt for your employees’ needs.

Here are some tips on how to go about this process: When defining punishments for bad behavior or rewards for good behavior, keep in mind that there are two different types of motivation – extrinsic and intrinsic. Extrinsic motivations come from outside sources like money, recognition, promotion, etc., while intrinsic motivations come from within sources like personal growth and accomplishment. So make sure to pay attention to both extrinsic and intrinsic when designing your reward/punishment systems. Also, remember that the severity of punishment or reward should match the severity of the infraction – never give a minor punishment for a major infraction or vice versa.

Important Steps to Follow 

The steps below outline the process for creating a plan and should be followed when creating new plans or updating existing ones.

  • Define what you want to achieve with your performance management system: What do you hope to gain from this system? How will it help improve organizational culture? How will it support succession planning efforts? Why is this important for the company’s growth and success? 
  •  Assess your current performance management system: Do evaluations happen annually or more often? Do employees know their strengths, areas for improvement, goals, objectives, and competencies? Are 360 reviews used in addition to the manager’s feedback? Is formal training provided before starting a new position or after each evaluation cycle starts (6 months)? Does everyone get constructive feedback no matter their job level or rank within the company? 
  • Define what you want to achieve with your performance management system
  • Assess your current performance management system
  • Identify gaps in your current performance management system
  • Choose the right performance management software for your needs
  • Implement your performance management system
  • Train employees on how to use the system
  • Evaluate and adjust your system as needed
  • Establish an appropriate timeline
  • Monitor the results of your new system by looking at metrics and employee feedback surveys
  • Check in periodically to see if there are any changes or issues that need attention, and make adjustments accordingly

Set Goals and Start Working For it

  • Set up performance goals and objectives early on
  • Align those goals with the company’s overall strategy
  • Involve employees in setting their own goals
  • Monitor progress against goals regularly
  • Use data to identify issues and areas of improvement
  • Address problems and give feedback promptly
  • Celebrate successes and lessons learned along the way 
  • Ensure that all parties understand their roles and responsibilities
  • Give regular, meaningful feedback that supports your employees’ development
  • Revisit performance management throughout the year as needed to support employee growth and business success
  • Follow through on corrective action plans, based on conversations and/or documented behaviors
  • Document everything! 
  • Evaluate if there is a need for any changes before starting over again with the same process at the end of every year
  • Commit to the ongoing dialogue about an employee’s performance from both sides to foster an environment where everyone feels heard and valued

Design an Incentive Plan to Nudge Employees in the Right Direction

If you want your employees to perform better, you need to give them a reason to do so. That’s where incentives come in. By offering rewards for meeting or exceeding goals, you can encourage your team to put forth their best effort. But how do you design an incentive plan that will work? Here are a few tips to keep in mind when designing an incentive plan: 

  • Incorporate at least two different types of rewards (cash and non-cash) 
  • Offer larger prizes for reaching ambitious targets 
  • Use well-established company metrics as your criteria 
  • Offer prizes every quarter instead of waiting until the end of the year – Pay out large sums of money incrementally over time to increase interest 
  • Put together a committee with representation from across the organization before creating an incentive plan

Make it Easy for Employees to Track Progress Towards Goals

It can be difficult for employees to keep track of their progress toward goals if there is no system in place. By creating a performance management plan, you can make it easy for employees to track their progress and see how they are doing. This will help them stay on track and motivated to achieve their goals. The performance management plan should include specific objectives that the employee is working on. 

These objectives should align with the company’s strategic goals and the employee’s personal career goals. When determining objectives, managers should consider the needs of both themselves and their team members before deciding what an objective might be. After establishing the objectives, supervisors need to monitor employees’ progress against their goals regularly.

Ideally, reviews should happen every six months but this timeline may vary depending on the situation. Objectives could also change throughout the year as new priorities arise and evolve.  The final part of any performance management plan is annual reviews which take place during the first quarter of each year at most companies. Reviews usually involve a conversation between supervisor and employee about how well they achieved their goal targets over the past year and plans for next year.

Metrics & Dashboards

Employees need to know where they stand to improve or maintain their performance. Regular feedback loops are essential, which is why managers and employees need to use objective data (aka metrics) and visual dashboards when communicating progress.

This way, both parties can see if an employee is on track with his or her goals. It will also make it easy for employees to look back on how they were performing at specific times of their careers for reflection purposes. If you want your employees to succeed, you need to give them opportunities for training and education. Formal classroom training is good, but hands-on experience—whether through internships or apprenticeships—is even better. 

Training gives your team new skills and knowledge while improving existing ones. Training may cost money upfront, but there’s no better investment than in your team’s future capabilities. Investing in their development now ensures that they’ll continue to be valuable members of your organization long into the future. 

Provide Necessary Training and Resources to Employees

Employee development is essential in an employee performance management plan. Employees who underperform and those who do well need ongoing training to achieve optimal levels of competence. A range of training and development methods can be integrated into a performance management plan. Performance management software allows business leaders to see an overview of the organization’s composition.

Organizational charts and people databases reveal the distribution of skills and qualifications across teams and departments. Experienced employees often take on mentoring new employees because they can share knowledge and insight with someone who hasn’t been doing the job for long. Through one-on-one coaching, mentors can answer questions and get to know their protegees better while allowing the employer flexibility in managing other roles. Although this means experienced workers have less time for themselves, they understand what needs to be done to keep their company running smoothly.

Conclusion

The most difficult part of creating an effective performance management plan is making sure that it is based on solid data. When you base your performance management plan on numbers and real-time information, it becomes easier to create goals that are specific, measurable, achievable, relevant, and time-bound (aka SMART). 

After assessing each employee’s strengths and weaknesses, use those details to craft individualized plans for each team member. This step is crucial because employees react better when there is personal involvement in their career path. With clear expectations, insight into how their performance impacts other workers, and regular feedback from managers/leaders/supervisors, employees can get clarity around what needs improvement or what they should do if something goes wrong.

As long as all parties are communicating with one another, everyone has access to information at all times. This makes it easy for everyone involved to stay up-to-date on where things stand at any given moment and solve problems before they spiral out of control into something much bigger down the road.

Also Read: How to Implement SMART Employee Goal Setting in Your Company

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Want to know how Engagedly can help you in developing a performance management plan? Book a live demo with us.

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The Ultimate Checklist for Buying Performance Management Software

In today’s fast-paced corporate landscape, effective performance management is not just a necessity but a strategic imperative. Aligning your workforce, resources, and systems is key to achieving organizational goals, and performance management plays a pivotal role in this process.

As businesses recognize the increasing significance of performance management in the dynamic modern environment, the demand for transparent and efficient digital solutions is on the rise. In this blog, we will delve into the crucial aspects of selecting the right performance management software. From streamlining processes and saving valuable time for both employees and organizations to fostering employee growth and retention, a well-implemented system is integral to meeting the evolving demands of the business sector.

Why does Performance Management Matter?

  • Employee Growth and Motivation

Performance management is important to evaluate the employee’s growth. It points out areas for improvement in the employee’s performance. Using the performance evaluation data, training and development programs can be customized. It allows staff members to upskill themselves and contribute more to the company.

An impactful performance management system not only facilitates open communication between managers and their teams but also enhances overall team engagement.

  • Ensuring Company Goals

A robust performance management system plays a pivotal role in assessing an employee’s contribution to the company’s overarching goals. Through a well-designed system, managers and employees can align individual objectives with the broader goals of the department. This alignment fosters a sense of purpose, as employees become more willing to contribute to shared organizational objectives when they understand the direct impact of their efforts on the big picture.

  • Improved Employee Retention

Tailoring strategies to enhance employee retention is a fundamental aspect of team management. Performance management acts as a catalyst, enabling employees to consistently pursue goals, embrace autonomy, and pinpoint areas for development. This empowerment becomes a driving force behind their enduring commitment to the team.

Also Read: A Complete Guide to Improve the Performance Appraisal Process

What is Performance Management Software?

Performance management software implies a technology meant to assist organizations in understanding, analyzing, and rating the performance and productivity of their personnel. It enables management to monitor, assess, and rate their workforce, ensuring objectives are accomplished and problems are quickly resolved.

The resulting performance management data can be used to make informed decisions about hiring, performance evaluations, compensation, career trajectories, organizational goals, and more.

Benefits of Using Performance Management Software

Performance management systems are essential for streamlining evaluation processes, enhancing communication between managers and employees, tracking individual and team progress, and ultimately optimizing overall organizational performance. It further helps organizations in the following ways:

  • One of the most important benefits of using performance management software is that it clarifies employees’ expectations. Clarity helps employees concentrate on tasks that improve their performance and the organization’s success by eliminating uncertainty or ambiguous expectations.
  • By catalyzing opportunities and plans for development and improvement, performance management software indirectly contributes to employee job satisfaction.
  • Performance management software gives fair, data-based insights into what is required to fill the knowledge gap. This helps the organization plan training sessions for every employee to increase overall productivity.
  • Fair and transparent evaluations are a direct benefit of using performance management software. The platform eliminates all biases and discrimination when evaluating employees, increasing employee confidence in the organization. In turn, this trust impacts employee retention.
  • Performance management software efficiently streamlines HR processes through automated assessments and evaluations. By automating time-consuming paperwork and manual tasks, it significantly reduces the administrative burden on HR, saving valuable time and effort.
  • Finally, performance management software improves business efficiency by focusing on continuous performance monitoring and facilitating data-driven decision-making.

Checklist to Buying Performance Management Software

Using the right people analytics software can increase employee productivity and engagement. It can help you manage your company’s talent to ensure the achievement of business goals. The following checklist highlights the important features you should consider while planning to buy a performance management platform.

  • Easy-to-Navigate

User-friendliness is a feature that cannot be stressed enough. An easy-to-navigate interface will increase user adoption and engagement. A scalable and visually appealing design improves the user experience. Easy navigation also ensures quick data access and effortless information sharing. It reduces errors and ensures an efficient workflow, streamlining the performance management process.

  • Easy to Integrate with Other Platforms

Performance management software that integrates easily with other software solutions ensures a smooth-running workflow. This helps in easy data flow between performance management platforms and other management tools such as HRIS (human resources information system), payroll, training, etc. 

Easy integration also enhances the possibility for comprehensive reporting and advanced analytics, providing deeper insights into employee performance and organizational trends. By enabling centralized data storage, all pertinent information is accessible and updated on a single platform. Integration, thus, makes data management more effective.

  • Real-Time Data Reporting and Analysis

Real-time data reporting and analysis allow an organization to be responsive to trends and issues as they arise. It helps managers make important decisions swiftly. Moreover, real-time analysis enables organizations to quickly adopt innovative strategies and processes based on current performance metrics. This feature can also help managers detect potential performance issues early on and allow them to intervene with the required resources. Thus, real-time data reporting and analysis are crucial features of any performance management software.

  • Mobile-Friendly

In an era where a single finger swipe can schedule interviews and app notifications keep us constantly informed, the importance of accessible and mobile-optimized performance management systems cannot be overstated. This ensures that employees and managers can effortlessly access crucial performance-related information, whether they are on the move, traveling, or working remotely. The flexibility of mobile accessibility allows for seamless connectivity, empowering individuals to stay in tune with performance metrics regardless of their location or working setup.

Users can monitor and update performance goals, leave feedback and comments, and complete evaluations from smartphones or tablets. It encourages a more adaptable and fluid work environment. Since mobile phones are more accessible and widely used, mobile-friendly interfaces can potentially enhance user engagement.

Also Read: How To Conduct Performance Appraisal For Remote Employees
  • Succession Planning

Succession planning empowers management and HR teams to identify critical roles and formulate strategic plans to ensure a consistent pool of qualified candidates for these positions. It plays a pivotal role in aligning a company’s talent management strategy with its overarching long-term business goals. By implementing a robust internal succession plan, organizations can reduce their dependence on external recruitment and the associated costs, fostering a more sustainable and cost-effective approach to cultivating talent from within.

Internal promotions increase employee enthusiasm and loyalty, which boosts retention rates. Thus, succession planning is a key component of thorough performance management software.

  • Reward and Recognition Program

While some organizations may perceive rewards and recognition as elaborate and perhaps superfluous HR concepts, the truth is that these acknowledgments can be remarkably simple, such as sending a brief “Good job!” email or granting well-deserved time off to a diligent employee or team.

In the realm of performance management software, a robust reward and recognition program is essential. Such a program serves as a morale booster by genuinely appreciating the efforts and hard work of employees. This not only cultivates a positive work culture but also fosters an environment where employees are motivated to excel and collaborate with their colleagues. Furthermore, tying reward programs to specific opportunities for professional growth creates a powerful incentive for continuous development and skill enhancement.

  • Actionable Insights

A pivotal component of effective performance management software is the inclusion of actionable insights. It is imperative that such software furnishes employers with actionable data pertaining to crucial aspects of employee evaluations, encompassing metrics such as hours worked, targets achieved, and skills developed.

The reporting tool’s dashboard should be intuitive, ensuring seamless and daily access to valuable information for both management and employee-specific decision-making. The incorporation of actionable insights not only enhances organizational performance but also contributes significantly to the overall expansion and success of the company.

  • Customizable Reporting

This feature empowers users to craft reports customized to fit seamlessly into their organizational structure and performance management protocols. It offers enhanced flexibility in presenting data, allowing for a more tailored and nuanced approach. By generating reports that cater to the specific information needs of diverse stakeholders, managers, and leaders, this capability ensures not only improved comprehension but also promotes better alignment throughout the organizational hierarchy.

  • Multilayered Feedback on Employee Performance

Incorporating multilayered feedback into performance management software is crucial. This feature establishes a comprehensive feedback system that integrates insights from managers, peers, subordinates, and external stakeholders. Through this 360-degree feedback loop, employees receive a thorough evaluation of their strengths and areas for potential growth. This not only fosters an environment of open communication but also empowers employees to develop holistically, gaining a well-rounded perspective on their performance and areas for improvement.

Summing Up

In summary, performance management plays a pivotal role in fostering employee development, motivation, and engagement. Leveraging performance management software enhances the process by ensuring fair evaluations, establishing goal clarity, and improving overall business efficiency. Key features such as user-friendly navigation, real-time data reporting, mobile accessibility, succession planning, and multilayered feedback contribute to the effectiveness of the software. By adopting an automated system, businesses can elevate productivity, cultivate a positive work environment, and ensure that employee efforts align seamlessly with company objectives.

Frequently Asked Questions

Q.1 How do reward and recognition programs in performance management software benefit a business?

Reward and recognition programs in performance management software benefit a business by boosting employee morale, increasing motivation, and fostering a positive workplace culture. They also contribute to higher employee engagement, retention, and overall organizational success.

Q2. Why are real-time data analysis and reporting crucial components of performance management software?

Organizations can react swiftly to new trends and problems thanks to real-time data reporting and analysis. It improves efficiency by empowering managers to develop ideas, identify performance concerns, and react with the appropriate resources.

Q3. What is a performance management system?

A performance management system tracks employee performance consistently and quantitatively. The system combines technology and techniques to ensure everyone supports and contributes to the company’s strategic goals.


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Culture Accelerators: How CEOs Drive Successful Financial Performance

The latest data from Heidrick and Struggles reveals that nearly 71% of CEOs consider culture a key element for driving a company’s financial performance. In recent times, CEOs are increasingly focusing on aligning culture with the bottom line.

CEOs are devising strategies to engage employees’ mindsets and finding ways to achieve business outcomes to propel financial performance. Company culture cannot be considered separate from business strategy. The two are inextricably linked and result in significant financial returns. There is enough data to support this. Read ahead to learn how CEOs integrate culture into workplace strategies to boost employee engagement and performance.

How do CEOs Drive Organizational Culture?

Investing in your employees is worthwhile. It creates a dynamic organization well-positioned to thrive in a rapidly evolving business environment. Building and maintaining a strong company culture enhances productivity, morale, and talent selection. Most leaders have understood the role of corporate culture and have already started taking advantage of opportunities to align culture with financial performance.

Also read: The Importance of Workplace Environment in Employee Engagement

CEOs who dedicate themselves to shaping the culture and prioritizing its role in driving organizational financial performance are often referred to as “culture accelerators.” These leaders firmly believe in the symbiotic relationship between culture and strategy. Notably, a survey by Heidrick and Struggles reveals that these culture-centric CEOs consistently outperform their counterparts, achieving a higher Compound Annual Growth Rate (CAGR). Here are six strategies through which CEOs can actively shape and transform company culture to enhance overall performance:

  • Create a Pathway to Success

Leadership sets the tone for acceptable behavior and employee expectations. If the leader shows that mistakes are opportunities for success, it is reflected in the organization’s culture. It also helps if they cultivate a growth mindset and demonstrate the same through their actions.

CEOs who allow their employees to experiment and learn from their mistakes and experiences create pathways for success and opportunities for the workforce to prosper. They can create a culture that allows employees to be aligned and oriented in a unified direction to achieve the organizational vision and mission. Through their actions, leaders demonstrate to employees how important their contribution is toward achieving the organization’s goals.

  • Drive Influence

Leadership behavior and style greatly impact a work environment. The autocratic leadership style no longer resonates with employees. Leaders demonstrating participative and empathetic styles are far more impactful in today’s corporate world. Their understanding and empathetic natures promote a great sense of belonging among employees and the capacity to build shared values.

The purposeful leadership style is responsible for showcasing to employees how much they are valued and appreciated for their participation.

  • Evolve with Global Changes

CEOs at large companies are expected to know in-depth how the organizational engine functions. They should have their finger on the pulse to use relevant knowledge and approaches to run this engine smoothly.

With the workplace demographic changing rapidly, a leader should be able to evolve with the changes and expectations. They should understand that employee engagement and experience are pivotal to organizational growth. Taking cognizance of the shifting expectations to shape company culture helps them keep the culture relevant.

CEOs can drive organizational success by understanding and catering to employee needs, fostering an ecosystem that promotes collaboration, and building processes that reflect company values. Moreover, the culture should welcome and succeed in the ever-changing work models.

  • Incorporate Agility into the Organizational DNA

CEOs play a pivotal role in cultivating a thriving workforce within an agile work environment, fostering continuous learning, and providing avenues for improvement. Here are key strategies for CEOs to instill an agile work culture:

  • Establish a clear and compelling vision.
  • Encourage problem-solving and decision-making.
  • Encourage open and transparent communication.
  • Demonstrate flexibility and adaptability.
  • Foster a collaborative work environment.
  • Offer continuous feedback.

For CEOs to lead culture change in the workplace, they should be able to align culture with success. CEOs should carefully craft company culture to ensure it drives the behaviors that make the organization successful.

Employees tend to follow the direction of their leaders. Without clearly communicating cultural goals, objectives, and priorities, and linking them to success drivers, there’s a risk of individuals relying on their assumptions and inventions to fill the void.

CEOs must maintain consistent communication with the team responsible for managing organizational culture. Active involvement, where CEOs contribute their insights and experiences to the process, is crucial to ensuring the effective implementation of cultural initiatives.

  • Participate Actively in Cultural Transformation

Recognizing the continuous evolution of your culture is a key aspect of effective culture management. This means embracing ongoing culture-change initiatives, even those that may be minor or imperceptible.

Your employees must see your active support for these efforts. As a CEO, maintaining a visible presence is essential. Have you considered regularly hosting “town hall” style gatherings with your staff? If not, it’s worth considering as a focused effort to enhance your organizational culture.

  • Implement Training and Development Programs

The implementation of effective training and development programs represents a crucial strategy for CEOs aiming to shape and transform company culture. These programs serve as a structured pathway for employees to acquire the skills, knowledge, and attitudes that align with the desired cultural attributes.

By integrating cultural values into training initiatives, CEOs ensure that employees not only understand the principles but also have the tools to incorporate them into their daily work. This might involve workshops, seminars, or online courses specifically designed to reinforce the importance of cultural elements, fostering a shared understanding throughout the organization.

Also read: 7 Proven Ways To Become A Better Leader In The Workplace

How Does Corporate Culture Drive Financial Performance?

Work culture and financial performanceA survey by Gallup found that a strong corporate culture helps attract and retain top talent while aligning them with business goals. It also boosts the workforce’s performance and productivity.

Company culture stands as a cornerstone for fostering engagement. When the CEO actively cultivates a robust and inclusive culture, the organization not only thrives but also expands in today’s highly competitive business environment. A well-defined company culture not only enhances employee satisfaction, productivity, and morale but also plays a crucial role in mitigating employee turnover.

Research by Deloitte indicated that the companies that performed financially well had a solid corporate culture. These organizations were found to have a strong set of core managerial values that defined how an organization must work.

That being said, here are three ways company culture drives financial performance:

  • Employee Productivity and Satisfaction:

A positive company culture contributes to higher levels of employee satisfaction and engagement. When employees feel a strong sense of purpose, alignment with organizational values, and a supportive work environment, they are more likely to be motivated and committed.

This heightened motivation translates into increased productivity and efficiency. Happy and engaged employees tend to be more creative, collaborative, and willing to go the extra mile, which directly impacts the quality and quantity of their work. In turn, improved productivity positively influences the overall financial performance of the company.

  • Talent Attraction and Retention

An appealing company culture becomes a magnet for top talent. Organizations with a positive and inclusive culture tend to attract high-caliber professionals who are not only qualified but also culturally aligned with the company’s values. Retaining talent is equally crucial, as turnover can be costly. A strong company culture that prioritizes employee well-being, professional growth, and a positive work-life balance helps retain valuable employees.

The cost savings from reduced turnover and the enhanced productivity of a stable, engaged workforce contribute significantly to the company’s financial performance.

  • Adaptability and Innovation

A dynamic and adaptive company culture fosters innovation. In today’s rapidly changing business landscape, companies need to be agile and innovative to stay competitive. A culture that encourages creativity, risk-taking, and continuous learning enables employees to adapt to new challenges and contribute innovative ideas. This adaptability is essential for staying ahead of the curve and responding effectively to market changes. Ultimately, the ability to innovate and adapt contributes significantly to a company’s sustained financial success.

Also read: The Impact Of Employee Engagement On Productivity

Summing Up

A robust and purposeful culture is a competitive advantage. However, building company culture is a long and tedious process. The values possessed by a CEO are reflected in the organization’s culture. Hence, CEOs must understand their role as a culture accelerator. They should strive to build and maintain a strong company culture. 

Engagedly offers an all-in-one platform that helps organizations streamline their HR practices, internal communication, and goal-setting, and create a resilient company culture. It is a cloud-based software that aims to boost transparency, accelerate operational efficiency, and promote internal communication. Book a personalized DEMO to learn more about Engagedly.

Frequently Asked Questions

  • What does the term ‘CEO syndrome’ mean?

CEO syndrome is the workplace phenomenon when the leader or CEO refuses to listen to their employees. CEO syndrome occurs when a leader’s externally inflated ego does not let them accept suggestions and opinions from their employees. It leads to reduced internal communication in the organization.

  • How does automating HR processes and functions improve company culture?

Automation of HR functions improves employee engagement and performance management, promotes transparency, and creates clear roles for employees. This makes businesses efficient and gives HR personnel time to leverage employee skills to improve the workplace.

  • What is the authoritarian style of leadership?

The authoritarian leadership style refers to the management style wherein leaders assert absolute control over their subordinates. There is no two-way communication between the leader and the employees. Hence, the leadership style promotes a feeling of mistrust and a low level of workplace engagement.


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12 Professional Development Goals for Managers in 2024

While managers commonly set growth objectives for their teams, crafting specific development goals for managers can markedly enhance their leadership skills, ultimately resulting in improved employee performance. A comprehensive grasp of the elements that contribute to a manager’s development goals is pivotal in maximizing employee potential. This article explores various professional development goals tailored for managers, offering insights into setting objectives that elevate employee productivity levels.

Development Goals for Managers–What is it and Why is it Required?

Development goals for managers are more like a guide for managers to create measurable goals for their workforce. To elaborate, the goals act as a beacon for a manager to set employees’ objectives. The objectives may help to bring about an improvement in their performance, aligned with the company’s plans.

Personal development goals for managers might include specific business objectives, like increasing the team’s sales; detailed leadership goals, or employees’ responsibility handling capabilities.

Also read: 7 Reasons Why Goal Setting Is Important

Key Factors that Lead to the Success of a Manager development plan

In every organization, managers strive hard for the growth of the company. Ideally, they want employees to operate at their maximum efficiency. To achieve optimum productivity, they need to understand manager development goals thoroughly and the intent behind creating them. In line with this, we have listed down certain key factors related to professional development goals for managers that they need to be cognizant of. 

  • Clarity – Clarity of the goals helps managers to increase employee efficiency.
  • Measurable: Measurement of goal achievement helps to set new targets for the employees.
  • Achievable–When you set measurable, attainable goals for a manager, they will not only bring improvements in his performance but also help the manager overcome his limitations.
  • Timeline—Managers should be in sync with the project timeline so that team members can give their best to reach them, within the stipulated time.
  • Reward–When a goal is met, it is important to recognize the achievement and reward your employees. This boosts employees’ confidence and fosters future development.

12 Development Goals for Managers

A goal-oriented manager understands where he is headed. With goals in place, a manager understands exactly what he needs to do to accomplish them and how to guide his team in the right direction. Without further ado, let’s get started with 10 manager development goals. Following these goals may help managers boost employee confidence and increase their productivity.

1. Organize productive meetings

Managers conduct one-on-one employee meetings, organize team meetings, and oversee other group meetings. This means managers must have a thorough understanding of the types of meetings and points of discussion. Here are a few suggestions to help your managers conduct meetings effectively:

  • Setting pragmatic goals for employees
  • Establishing regular meeting schedules 
  • Taking detailed notes about project progress
  • Specifying action plan to reach the set target

Having constructive meetings can enhance employee enthusiasm as they get a sense that the company values their input.

Also read: Workplace Wellbeing Questionnaire: Best Practices

2. Active listening

Active listening signifies being open-minded to non-verbal signals or any form of employee concerns. Thus, managers need to develop active listening skills to not just hear what their team members say but also to understand them. Better listening skills will help managers to learn more from their teams. As a result, they will be able to handle problems effectively; understand the needs of their team, and become more efficient.

3. Employee development

Several employees want to take on leadership positions. Other employees might like to explore another role or gain expertise that can be useful in enhancing employee productivity. Thus, as a manager, you should encourage employees to go beyond their comfort zone. You must provide employees with an opportunity to learn new skills and grow, in line with the company’s requirements.

4. Boost team productivity

Productivity goals are often included in managers’ strategic objectives. You may want to consider how your managers set and communicate goals. You would also like to know how they track employees’ progress. 

For instance, ask your manager to assess each employee’s contribution toward the overall team productivity. By facilitating regular status meetings, your managers can review their team’s progress frequently and ask questions to ensure that they have the required tools to increase productivity. Look for positive trends in productivity to gauge an employee’s development.

Also read: Productivity Tips For Managers And Employees

5. Celebrate employees’ efforts and intentions

Great leaders know that the most valuable asset of their business is their employees. Be gracious and appreciative of your team’s efforts, especially when they accomplish a new milestone. Whenever possible, acknowledge your employees publicly so that they understand how valuable and appreciated they are. Do not take your employees’ contributions for granted as are a valuable part of your company. Hold a companywide meeting where employees can thank each other for the help they received or for going the extra mile. This way, happy employees would contribute to increased productivity and reduced turnover.

6. Offer insightful inputs

Professional development goals for managers can guide managers to set specific objectives for each employee. This way managers can gain a comprehensive insight into an employee’s work style and share the same with the employee. Insightful feedback can help employees to improve their performance.

For instance, managers can ask employees to identify specific goals related to their jobs and meaningful to them. To ensure employees’ suggested goals align with company objectives, a manager can offer better insights and develop action plans to reach those goals.

7. Work on networking skills 

Managers should develop, practice, and apply networking skills as part of their development goals. Having a fixed daily routine, with the least emphasis on building relationships with employees, can only take you up the rungs of the leadership ladder. You can gain a great deal of insight into employees around you by building strong work relationships. As a manager, honing your networking skills would not only help you but your team as well. It is therefore certainly worthwhile to explore networking as a key development goal.

8. Increase Retention Rates 

To increase the retention rate, employees must be given regular feedback to enhance their productivity–both positive and constructive. 

According to a Harvard Business Review study, the optimal ratio between positive and negative suggestions is 5.6 (positive) to 1 (corrective).

To motivate employees and to empower them to work to their optimal capacity, positive feedback should be given often. Having said this, constructive and corrective remedial measures must be provided with equal importance, particularly when an issue needs to be nipped in the bud.

Other techniques that can be part of development goals for managers to increase retention rate can be:

9. Encourage creativity among employees 

Many companies claim to value creativity, but they don’t necessarily have policies or initiatives to support it. To Increase creativity, offer rewards for tangible results. 

Take employees’ suggestions seriously and implement them if you want to encourage them. Encourage and reward employees who make a tangible contribution.

10. Foster a respectable work environment

Nowadays, employees expect respect from their employers more than ever. In an organization, employees do not want to feel undervalued or insignificant, which may result from a lack of respect.

There are many ways to foster a culture of respect. Among them are: taking feedback intending to improve their productivity; recognizing their contributions; sharing ideas and encouraging collaboration.

11. Be a mentor and coach 

It is considered that good leaders can turn out to be great mentors as well. Employees look up to their managers as a source of guidance, coaching, and counseling. Mentorship should therefore be made a priority by all managers to help their employees achieve career and knowledge growth.

Work with each employee to help them set career goals and devise productivity strategies accordingly. Make sure you provide them with opportunities that challenge them so that they can grow as individuals.

Engagedly’s Mentoring Complete can be an effective solution to mentor your employees and help them grow.

12. Regular upskilling

Being a manager does not mean that one knows everything there is to know about your industry. There is always more to learn as a manager and there is no end to learning to become more efficient with time. Thus, as a part of a manager’s growth and development goals, managers should find time to learn and master new skills. It might range from learning technical skills to management or leadership skills.  

They can even enroll in a development course or register for a webinar session in an area they wish to further develop. Also, an organization can provide online resources for developing unique competencies related to project management, time management, and motivation. 

Also read: How To Build a Successful Upskilling and Reskilling Program

Wrapping Up

Professional development goals change a manager’s outlook and make them an individual who leads by example.

By setting development goals for your manager, you are creating a road to success for three entities: your organization, employees, and yourself.

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Learn how Engagedly can help you set effective goals by requesting us for a demo!

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What Is A Performance Management System?

What is a Performance Management System?

A robust performance management system diligently monitors and records employees’ job performance through the integration of advanced technologies and methodologies. This system guarantees a consistent and accurate assessment, aligning employees with the strategic objectives of the business. By leveraging a combination of cutting-edge tools and strategic approaches, the performance management system facilitates employees in making valuable contributions toward the overall success of the organization.

Performance management comprises various vital HR functions like continuous progress review, real-time feedback, frequent communication, training employees to improve performance, recognizing good work, rewarding improved performance, goal-setting, etc.

A performance management system, a.k.a. HR performance management system, helps HR managers establish clear performance expectations through which employees can easily understand what is expected of their job. It enables managers to instill in their employees the importance of individual accountability for meeting goals and evaluating their own performance.

Also read: Importance of employee performance management system

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Performance Management System for the Modern Workplace

The changing technical landscape, irregularities in the global supply chain, the great resignation, and the sudden shift to a hybrid workplace setup are putting forth innumerable challenges to businesses. To remain competitive in the current global market, it is necessary to have a continuous performance management system. Such a system will help in realigning resources towards organizational objectives and also provide warning signs to highlight problems in workforce performance and practices.

Businesses need a flexible, smart, and technically advanced performance management system that forms the foundation of conversations, changes, and progress. That’s why companies such as Google, Microsoft, Netflix, Adobe, Uber, and many others have transformed their performance management systems. They no longer work on an annual performance grading system but on a continuous system that can help employees stay productive and make them accountable for their transformational growth.

Furthermore, more than productivity and efficiency, consumers are now valuing innovation, creativity, and problem-solving. To live up to these expectations, organizations need to continuously improvise their performance management strategies.

Organizations must rethink and redefine their performance management practices as new-age workplaces replace traditional work setups.

Performance Management Cycle Stages

There are 4 stages in a performance management cycle.

  1. The planning phase is where leaders and managers create SMART goals for their teams
  2. Monitoring through check-ins and feedback to track the progress made on goals
  3. Reviewing the overall performance of teams to contemplate what worked favorably and what didn’t
  4. Rating and rewarding involves rating employees based on their performance and rewarding them suitably to motivate them.

Performance Management System Components

An employee performance management system includes multiple components that are essential to creating an engaging and productive work environment. They build on the foundation of performance management by providing a platform to manage, track, and assess employees’ performance. Let us understand the different components of the performance management platform and how they help in employee growth and development.

1. Objectives And Goal Setting

Planning is a crucial component of performance management. Setting challenging goals motivates employees to improve their performance rather than having no goals at all. Goals aren’t just meant to be set for individual employees; they work better if you have departmental goals and align them with your organizational goals. A performance management system that doesn’t allow you to set goals or plan doesn’t contribute to improving organizational productivity.

Performance goals should be set in collaboration, both by the manager and their direct reports. Discussing and setting goals together helps managers and their employees gain a better understanding of their current performance and their future performance abilities.

Also Read: Guide To Setting Employee Goals Through Engagedly

2. Ongoing Communication

The next component of the performance management system is communication. Having an effective performance management system in your organization helps you create a culture of ongoing communication about your team’s goals, training, etc.

It is always good to follow up on what your direct reports are working on and how they are managing to meet their goals. This keeps them motivated. As a manager, you can help them improve by giving them suggestions about their work without having to wait for the next performance review.

Also Read: Download the ultimate guide to employee engagement survey and templates

3. Performance Review

This is the part where managers give their reviews of the performance of their direct reports. These reviews are generally annual or quarterly. The general review procedure is a self-evaluation done by employees, followed by a thorough review by a manager.

An important aspect of performance reviews that has changed recently is peer evaluation: 360-degree feedback. 360 feedback and peer evaluations allow employees to evaluate their managers and help them understand where they can improve themselves and how. The process of rating one’s manager can be complicated, but once it becomes a practice, the overall team productivity increases.

4. Recognizing Good Performance

Recognizing good performance is as important as identifying bad performance. When employees do not meet business expectations, it is important for them to understand where they are lacking. This helps them do it better the next time.

In the same way, when employees accomplish something or go out of their way to accomplish a goal, as a manager, you should recognize their effort. Most performance management systems come with employee reward programs that allow managers to reward their employees or publicly praise them for their contributions. This may seem small, but it is one of the most crucial components of a high-performance culture.

5. Feedback & Suggestions

A performance review does not end with either “good work” or “needs improvement.” Giving proper feedback and suggestions to improve performance is the next important component of a performance management system.

This component allows you to tell your employees exactly where they need to improve and how to make it possible. Studies state that employees who receive frequent feedback on their performance are more likely to contribute to organizational success. Therefore, it is a good practice to have a feedback process in place to help improve organizational performance.

Also Read: How Important Is Feedback In Today’s World?

6. Learning & Development

Learning and development are critically important for the success of any organization. Inculcating a learning culture can motivate employees to reskill and upskill themselves and be a part of a dynamic, skilled, and knowledgeable workforce. Additionally, it helps in retaining employees and creating a brand image.

Integrating a performance management system with multiple individual platforms enhances active learning within the organization. Through interactive features like course design and assignment, managers can assign courses and modules to employees. Furthermore, it can also be used to conduct check-ins to understand the progress made by employees. Either way, L&D should be a continuous process, and managers should encourage employees to learn more and develop their performance potential.

Performance Management Tool


 

Frequently Asked Questions

Q1. What is a performance management system and how is it important?

Ans. Performance management is a system of processes and tools that helps leaders track and analyze the performance of their employees and mentor or coach them to help them work at their highest potential.

Q2. What are the stages of a performance management cycle?

Ans. The different stages of a performance management cycle are as follows:

  • Planning
  • Monitoring
  • Reviewing
  • Rating

Q3. How does a performance management system help?

Ans. It helps by providing real-time analysis of employees’ performance and helps leaders understand the learning needs of employees. It helps in the achievement of organizational goals by aligning employee activities to the company’s objectives.

Q4. What is the role of the performance management system?

Ans. The role of the system is to align employees’ activities to achieve optimal performance and fulfill the organization’s goals. This is done through constant tracking, analyzing performance, and providing coaching to employees based on the requirements and observations.

Q5. What is PMS in HR?

Ans. PMS in HR is a systematic and objective method for consistently measuring employee performance. This approach empowers companies to monitor progress towards strategic goals, ensuring effective collaboration among employees and departments to achieve desired outcomes.


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7 Modern Performance Appraisal Types that Create a Winning Culture

Performance appraisal is a vital process for businesses to increase employee productivity and outcomes and evaluate an employee’s strengths and weaknesses. In the past, they primarily used the process as a benchmark for promotions and salary increases. Now, modern methods offer more comprehensive and holistic evaluation tools that allow companies to track an employee’s performance more effectively. 

While some employees may have negative perceptions of the appraisal process due to a fear of criticism, it is crucial for companies to provide constructive feedback and train their supervisors and managers to handle the process tactfully. There are many ways that companies can conduct a performance appraisal, including annual or bi-annual review meetings based on company policies.

Before diving into the modern performance appraisal types, let us first understand what modern methods of performance appraisal are and why they are necessary in today’s business environment.

What is Performance Appraisal?

Employee appraisal type for a winning culturePerformance evaluation is the practice of analyzing an employee’s performance over a period. In the workplace, it is typically manifested as an annual or quarterly procedure that entails reviewing each employee’s performance and productivity.

The modern performance appraisal process can be incredibly advantageous for the organization. It helps to modify the performance appraisal processes to be more flexible to accommodate modern demands. This, in turn, helps in the following ways:

  • Setting clear company goals 
  • Provide real-time feedback to all the employees in the workforce
  • Increase individual employee performance and productivity
  • Figure out the needs for professional training needs
  • Offer the employees accurate insights into counter-productive tasks 
  • Encourage employees to participate in team-building activities
  • Enhance employee retention
  • Align individual employee performance with the company’s business goals

What is the Purpose of the Performance Appraisal Method?

As per reports, 94% of employees believe that managers and team leaders should address mistakes in real-time instead of once a year. (source) The modern appraisal process has proven to be a win-win situation for both companies and employees alike. 

Employees can use performance evaluation to understand how their performance affects corporate success. It also helps identify the good and bad performers and identify training and developmental needs..

Advantages for businesses

  • Determine departmental concerns that have an impact on job quality
  • Motivate your employees’ talents to boost production
  • Find ways to improve the working environment
  • Assist with strategic decisions on expansion planning, layoffs, and so on

Advantages for employee

  • Recognize an employee’s successes
  • Determine the potential for job advancement
  • Identify performance gaps

Need for Modern Performance Appraisal Methods

Workplaces have changed dramatically as a result of sophisticated technologies, and offices now require a better and more transparent appraisal approach. In general, older appraisal systems place a greater emphasis on grading an individual’s personality attributes, whereas the modern performance appraisal method places a greater emphasis on an employee’s accomplishments.

A Gartner survey shows that about 59% of employees consider traditional performance reviews to have low to no impact on their performance (source). That is why the modern method was created to address problems in traditional performance management.

These traditional methods, rather than focusing on future performance and effort, are more concerned with an employee’s past. Many employers regard the entire procedure as pointless! 

On the other hand, current approaches have a good impact on appraisal system employees, and they can now confront the appraisal meeting with greater confidence and without feeling burdened by it. These innovative processes can readily satisfy modern company and employee demands. Companies now utilize the most recent method to ensure that the evaluation process is neutral. As per a Harvard Business Review report, about 70% of multinational companies are moving toward this. (source)

Importance of Modern Approach to Performance Appraisal

  1. Improved communication: Continuous feedback, goal-setting, and 360-degree feedback encourage ongoing communication between employees and their supervisors. This helps to foster a culture of open and honest communication, which is essential for a healthy and productive workplace.
  2. Developmental focus: Modern methods focus on helping employees reach their potential and develop their skills, rather than just evaluating their past performance. This helps to create a culture of learning and development, which can lead to increased productivity and retention.
  3. Alignment with business goals: By setting clear goals and regularly reviewing progress towards those goals, modern performance appraisal methods help to ensure that employees’ efforts are aligned with the organization’s overall goals. Ithelps to drive business success and create a more cohesive and effective team.
  4. Improved employee engagement: When employees feel that their efforts are valued and that they have opportunities to learn and grow, they are more likely to be engaged and motivated. It helps to create a positive work environment.
  5. Increased fairness: Traditional performance appraisal methods can be subjective and may not accurately reflect an employee’s contributions. Modern methods, such as 360 degree feedback, help gather feedback from multiple sources, which can help create a more fair and accurate assessment of an employee’s performance.

7 Modern Performance Appraisal Types That any Organization can Follow

1. Management by Objective (MBO) 

This method allows managers and employees to collaborate,identify, organize, and strategize the success objectives for the organization. The management outlines the intended objectives to be met, giving the employee a significant amount of responsibility for the results that are expected of them. The manager and employee review progress at regular touchpoints. The company can then use these progress indicators as a guide to determine the employee’s  contribution.

While effective in assessing productivity rates, this technique typically stresses career-oriented and measurable goals. As a result, intangible aspects of an employee’s success, such as interpersonal skills or professional devotion, are sometimes overlooked. 

2. BARS (Behaviorally anchored rating scale) 

In this method, both qualitative and quantitative gains are achieved from the performance appraisal process. The Behaviorally Anchored Rating Scale (BARS) approach compares employee performance to particular behavioral examples that are numerically rated.

BARS excel in giving clear standards, improving feedback, and delivering accurate performance evaluation and continuous evaluation since it accesses both quantitative and qualitative types of measurement while also adding intangible traits of employees into the rating system. However, when done manually, this method is often affected by bias.

3. Critical Incident Method 

In this system, the employer assesses the performance of an employee based on specific events called “critical incidents.” As per these critical incidents, an individual either excels or fails in any given activity. Throughout the procedure, the evaluator keeps a digital or physical diary in which the information from the many episodes is recorded.

This method, while labor-intensive, is beneficial to employees’ personal development. Employers can provide specific feedback to employees by keeping detailed records of both positive and opportunity-area milestones in their career trajectory. This improves the prospects for future development. During the scheduled progress or 1:1 meeting, these metrics can be easily reviewed.

4. Assessment Centre Method 

This approach to performance evaluation evaluates employee performance in social circumstances. Employees are requested to participate in situational exercises such as simulations, role-playing exercises, or workgroups that are designed to emphasize their potential success in various positions and responsibilities.

This process is beneficial in terms of providing insight into the employee’s personal traits and characteristics that can influence their success. These characteristics are: 

  • Problem-solving skills
  • Work ethics
  • Tolerance
  • Adaptability
  • Judgement
  • Introversion or extroversion
  • Collaboration

However, this method can lead to unhealthy competition among employees. Furthermore, because of the social aspect of the assessment, it has the potential to have negative consequences for low achievers.

5. Psychological Appraisals 

This method is especially beneficial for discovering an employee’s hidden potential because it focuses on analyzing an employee’s future performance rather than previous work. Qualified psychologists conduct a number of tests on employees. In-depth interviews, psychological exams, and private discussions are a part of this performance appraisal appraoch. These tests are designed to assess an employee’s emotions, cognition, and other associated characteristics that may affect their future performance.

Although this method is thorough and insightful, it is clearly a time-consuming, complex, and costly process. Furthermore, the quality of the results is dependent on the psychologist who conducts the technique as well as a range of other influences that may affect the employee during testing (e.g., personal stress-related events); therefore, results can be uneven at times. 

6. Human-Resource (Cost) Accounting Method

The cost accounting method evaluates an employee’s performance in terms of the monetary advantages they provide to the firm. This is often calculated by comparing the cost of maintaining an employee to the ROI obtained by the business from that specific person.

Many elements are included in this performance rating approach, including overhead cost, average service value, quality, interpersonal interactions, and so on. However, its fundamental disadvantage is its reliance on the quality of cost-benefit analysis.

7. 360 Degree Feedback 

According to industry consensus, the annual performance appraisal system is obsolete and no longer useful. Employees must maintain constant communication with team leaders and supervisors. Continuous feedback procedures, such as 360degree feedback, help  get unbiased feedback.

In this process, multiple raters are involved in evaluating an individual’s performance. Everyone in the organization who has engaged with the employee, including managers, colleagues, subordinates, and even consumers, shares their feedback. 

Typically, this feedback is gathered using an online questionnaire created specially for this purpose. When every employee in a business evaluates their managers, peers, customers, and suppliers, as well as participates in regular self-evaluation, effective performance analysis with varying levels of transparency is ensured.

Wrapping Up

In conclusion, modern performance appraisal methods have come a long way from the traditional annual review process. These new approaches focus on ongoing communication and development rather than just evaluating past performance. 

While there is no one-size-fits-all solution, these modern methods have shown to be more effective in helping employees reach their potential and drive business success. It is important for organizations to regularly assess and evaluate their performance appraisal process to ensure it aligns with their goals and meets the needs of their employees.

Performance Management Tool

Frequently Asked Questions

Q1. What are the modern methods of performance appraisal?

Some of the most used Modern Methods of Performance Appraisal are:

  • HR accounting method
  • BARS method
  • MBO method
  • Psychological appraisal method
  • The 360-degree performance appraisal method

Q2. What is the Cost Accounting Method of performance appraisal?

This strategy assesses employees’ performance based on the economic output a business generates from their input. This is determined by comparing the costs of retaining personnel to the advantages that an organization derives from their contributions.


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Building Your Employee Listening Strategy: A Framework to Success

Your employees are the most valuable assets of your company, but do you always make them feel that way? Believe it or not, your workforce wants to be listened to. Ignoring their opinions and concerns can adversely impact employee engagement, customer satisfaction, and ultimately business success.

We are now in the era of employee-entered workspaces, where true business leaders listen to and care for employees to create a thriving work environment. The global workplace is changing  with a shift in social values, personal values, and employee expectations. According to a recent study, 86% of employees aren’t treated equally, and 47% consider that their voices aren’t heard within the organization. 

Hence, employers should invest time in actively listening to their employees, enabling them to tailor their policies accordingly. Here’s how an effective employee listening strategy comes into play. It helps HR professionals connect personally with their workforce, feeding a supportive and productive culture. However, you also need the right tools and guidance to gather meaningful insights. Keep reading to discover more!

What is an Employee Listening Strategy?

employee listening strategyThe Employee Listening Strategy represents a proactive approach to understanding an employee’s thoughts, concerns, and opinions within the workspace. It transcends the limitations of an annual employee survey, focusing on transforming communication into an ongoing conversation. This concept encourages employees to express their needs in a secure and comfortable environment. Embracing a holistic approach, this strategy involves continuous action planning to gather feedback, fostering a dynamic cycle of understanding, validation, and improvement in the overall employee experience within your workspace.

What is the Purpose of Employee Listening?

A workplace is more than a physical space for employees to clock in, work their hours, and collect their salaries. It should be a dynamic environment that fosters productivity, encourages career development, nurtures team bonding, and facilitates idea-sharing. However, when employees feel unheard, it leads to disengagement in work, conversations, and their overall contributions to the organization. This disengagement may result in employees either enduring the monotony of their work or seeking opportunities elsewhere with brighter prospects.

Fortunately, a growing number of companies are recognizing the importance of implementing effective employee listening approaches to establish open communication between employees and employers. Through structured employee listening programs, workers are provided with the necessary tools and platforms to express their feelings and thoughts. Leveraging insights from the gathered data, organizations can take the necessary steps to address concerns and proactively improve the overall employee experience.

Consider the following reasons to invest in a successful employee listening program:

  • Demonstrating genuine care for employees.
  • Obtaining real-time feedback for data-driven, meaningful actions to enhance their experience throughout the employee lifecycle.
  • Cultivating trust in your leadership by empowering HR and managers to actively engage with employees.

How to Build an Employee Listening Strategy?

A strong relationship is typically founded on mutual trust, effective communication, and respect. Similarly, a crucial aspect of cultivating robust workplace relationships involves actively listening to employees’ sentiments and ensuring they feel heard. A comprehensive employee listening program should encompass goal-setting, regular analysis, and meaningful action.

Here’s your step-by-step guide to crafting an effective employee listening strategy from the ground up:

A. Set Your Goals

Identifying your goals is one of the most challenging yet crucial steps in the employee listening strategy. These goals and objectives will establish what you want to achieve from the program and how you want the strategy to work on different levels.

Goals for creating an effective employee listening strategy:

  • Enhance Employee Engagement: Foster a sense of belonging and commitment among employees by addressing their concerns and improving their overall experience.
  • Improve Organizational Culture: Establish a workplace culture that values open communication, inclusivity, and continuous improvement.
  • Boost Performance and Productivity: Align employee feedback with actionable strategies to enhance performance and productivity across the organization.
  • Reduce Turnover: Identify and address factors contributing to employee dissatisfaction to reduce turnover rates.
  • Enhance Leadership Effectiveness: Provide leaders with insights to make informed decisions and demonstrate responsive and empathetic leadership.

B. Choose Your Listening Channels

Effective and continuous employee listening requires the utilization of multiple channels. Various channels enable the collection of valuable data on employees’ sentiments, thoughts, and expectations within the workspace. Explore the following major types of listening channels to enhance your engagement strategy:

C. Employee Surveys

A survey from Gartner found that more than 59% of organizations use employee engagement surveys. These surveys collect feedback by asking employees questions about their challenges and obstacles. It can be assessed annually, quarterly, or as pulse surveys.

Pulse surveys are real-time surveys implemented to provide instant feedback on focused topics from employees to the organization. They serve as an excellent tool to take meaningful action, drive employee engagement rates, and create a culture of transparency.

D. Performance Reviews

Performance reviews provide an optimal platform for gathering employee opinions during one-on-one meetings. Employers can pose strategic questions, such as inquiring about employees’ aspirations to enhance their skills, suggest improvements to organizational procedures, or advance in their careers.

E. Focus Groups

Focus groups stand out as one of the most effective listening channels to foster inclusion in the workspace. This contemporary platform facilitates the exchange and collation of insights among a diverse group of employees, creating an environment where individuals feel not only heard but also a strong sense of belonging.

F. Be Transparent in Your Communication

Clearly communicate the purpose behind initiating the employee listening program to your employees, emphasizing your commitment to enhancing their workspace experience. Without transparent communication, they might speculate about negative possibilities, such as being in trouble or anticipating significant changes in management or policies. Open dialogue will not only dispel uncertainties but also encourage employees to actively contribute to your improvement efforts.

G. Assess your Data

Collecting employee information marks the initial phase of the employee listening program, but the crucial task lies in transforming this feedback into actionable insights. For example, with the introduction of a new benefits program, there’s no need to wait until the end of the year to gauge its impact on employees. Instead, promptly distribute simple survey forms to assess how employees feel about the recent announcement. This proactive approach ensures timely and relevant insights for continuous improvement.

H. Act on the Feedback

​​Employees often perceive that their complaints or queries go unaddressed by employers, leading to reluctance and disinterest in expressing their opinions further, which undermines management’s efforts. Therefore, leverage the analyzed data to drive meaningful action that positively influences the employee experience.

Highlight the core aspects requiring immediate attention and implement essential steps to address them. Communicate the plan to your employees, assuring them that their voices are genuinely heard and taken seriously. For example, modifying company policies and regulations for greater inclusivity demonstrates to employees that their input is valued.

I. Establish a Safe and Inclusive Environment

Instill a culture of psychological safety in your company where your employees can feel comfortable expressing their concerns without fearing adverse consequences. If they feel too afraid or hesitant to voice their concerns, implementing an employee listening strategy will not drive positive changes in your workplace.

Hence, build a secure and inclusive work environment that encourages open communication. It should provide equal opportunities for employees at every level to share their feedback.

J. Measure the Progress

After implementing these strategies via your employee listening program, assess the comfort level of employees in expressing their thoughts and concerns. Analyze which listening channel exhibits a higher engagement rate—whether it’s pulse surveys or focus groups.

By employing these tactics, you can optimize your resources and build an efficient framework. If there’s no noticeable improvement in employee engagement, experience, or productivity, consider adjusting your approach accordingly.

Summing Up

Employee listening strategies should remain consistent throughout an employee’s journey, from onboarding to the exit interview. This approach not only aligns with your business goals but also contributes to a positive employer branding reputation. However, it’s essential to note that the key to an effective employee listening strategy lies in taking actionable steps based on feedback rather than treating it as a mere formality.

At Engagedly, we value employees’ needs and concerns to be heard. From pulse surveys to 360-degree feedback, we help you adapt to a more efficient, contemporary, and continuous employee listening strategy. We help you capture positive and negative voices throughout the employee lifecycle and shape your organization better.

​​At Engagedly, we prioritize the importance of hearing and addressing employees’ needs and concerns. Through tools like pulse surveys and 360-degree feedback, we assist you in adopting a more efficient, modern, and ongoing employee listening strategy. Our aim is to help you capture both positive and negative voices throughout the employee lifecycle, contributing to the continuous improvement and enhancement of your organization.

Frequently Asked Questions

Q1. How do I develop an employee listening strategy?

Implementing an effective listening strategy can enhance productivity and foster a sense of importance among employees within the organization. Here are key steps to integrate an employee listening strategy into your business practices: identify specific problems, prioritize transparency, analyze survey results, take actionable steps based on collected data, and consistently measure the results.

Q2. How can organizations ensure confidentiality in the employee feedback process?

Maintaining confidentiality is a key aspect of successful employee listening. Organizations can utilize anonymous surveys, third-party platforms, or establish clear communication about the privacy of employee responses to encourage honest and open feedback.

Q3. What are the barriers to successful employee listening?

Barriers to successful employee listening can include a lack of trust, fear of retaliation, unclear communication channels, insufficient anonymity in feedback processes, and a failure to act on collected feedback. Overcoming these barriers requires fostering a culture of openness, ensuring confidentiality, and demonstrating a commitment to addressing employee concerns.


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The 4 Stages of Performance Management Cycle

Every organization aims to optimize the performance of its employees in order to reach its objectives. To accomplish this, it is essential to have a system in place that enables managers to oversee, mentor, train, and inspire their employees. This is where the concept of a performance management cycle comes into play. The performance management cycle can be divided into four key stages: planning, monitoring, developing and reviewing, and rating and rewards.

This article will delve into the different stages of the performance cycle, providing a comprehensive understanding of what a performance management cycle entails and why it is crucial for organizational success.

Explore the nuances of the performance management cycle in this video.

 

Also read: What Is A Performance Management System and how it can help your organization?

What is a Performance Management Cycle?

The performance management cycle is an ongoing process that involves planning, implementing, measuring, and analyzing employee performance. Its goal is to achieve comprehensive performance management by aligning employee success with that of the organization.

Traditionally, the performance management cycle lasted a year. However, in today’s labor market, focused on feedback, employee engagement, and experience, companies are increasingly adopting a more agile approach to performance appraisal.

This shift has prompted organizations to embrace shorter performance appraisal cycles, often quarterly or semi-annually, along with a culture of frequent feedback.

Why is a Performance Management Cycle Important?

So the next burning question to ask is why are performance management cycles important to a business? Well, there are a few of them, and we will look at some in this segment.

  • Builds Strong Relationship

One of the objectives of implementing a performance management cycle is to get the employees to see the bigger picture of their goals. Being part of the planning process and being constantly given feedback improve engagement. This can help build trust and foster a stronger relationship between employees and management.

  • Keep Employees Engaged

According to an article by Gallup, employees whose managers held them accountable for their work are 2.5 times more likely to be engaged. This aspect is particularly significant in a world where employees demand better and more frequent feedback from their employers.

Also read: Do These 8 Things To Improve Employee Engagement
  • Reduce Turnover

High employee turnover is always a nightmare situation for employers. It costs employers to hire a new person, and the vacant space can also lead to a potential loss of revenue. Adopting a performance management cycle plan will help because there will be defined goals, regular feedback, support for career development, rewards and incentives, and a career path within the organization. All of this will give employees the idea of an organization that cares.

  • Help Detects and Fix Problems Faster

The monitoring aspect of the performance management cycle helps organizations find problems faster and potentially solve them. The problem may be an underperforming employee, an overbearing manager, or the unrealistic nature of a set goal. If left unsolved, it can affect the productivity of an employee or a team. The performance appraisal cycle can help nip the problem sooner rather than later.

  • Improves Performance

Businesses with laid-out objectives and plans always set themselves up to achieve them. The performance appraisal cycle allows organizations to plan, monitor, and review their set goals and achieve them. Employees have to take regular feedback and continuously improve themselves to keep up with their objectives. Doing this helps them stay in line with the organizational goal, which improves performance.

4 Stages of the Performance Management Cycle

The concept of the performance management cycle first originates in Peter Drucker’s 1954 book called ‘Management by Objects.’ His book explained how management must break organizational goals into smaller individual and team goals that are also definite.

The most commonly cited performance management cycle is by Michael Armstrong in his book ‘Handbook of Performance Management.’ In it, he described the four stages of a performance appraisal cycle. They are plan, act, track, and review. Over the years, it has been refined to tailor to the demand for the present needs of the organization.

The performance management cycle definition encompasses the following four stages:

  • Planning  
  • Monitoring 
  • Developing and Reviewing
  • Rating and Rewards

The specifics of these stages are covered in the section below:

1. Planning

Planning is the first act an organization will have to undertake. Management must first strategize on the goals the company wants to meet in the first place before meeting with employees and other team members to assign goals to them. After there is clarity on the pact of the organization, then management can set personal goals, targets, and specific objectives for teams and employees. 

In setting goals for the team and employees, it’s best to plan alongside them. A meta-analysis by Cawly, Keeping & Levy (1998) shows that involving employees in setting their goals allows them to perceive fairness because they see the reason behind it. Also, there is a sense of belonging and satisfaction when you include them in such activities. 

Aside from involving the employees in setting their goals, both parties will also discuss the training and development goals for the cycle. Creating a training and development schedule is necessary to show employees you are interested in their personal growth and career and not only meeting organizational goals.

While planning employees’ goals, managers can apply the SMART framework for efficient goal-setting. 

  • Specific: The goal should be well-defined. It should be clear and not ambiguous.
  • Measurable: The goal should have measurable indicators to help the employees monitor their progress. There should also be a clear start and an end.
  • Achievable: While it’s good to challenge employees when setting goals, it’s wise to make the goals reasonably obtainable. It may mean taking employees through a training and development program to equip them. 
  • Relevant: The goal must apply to the individual’s job and the organization’s goals. 
  • Time-bound: The goal must have a deadline. It’s not a goal if there is no set deadline to achieve the required result.
Also read: 7 Reasons Why Goal Setting Is Important

Thus, planning is a crucial part of the performance management cycle, if done right, the other stages flow well.

2. Monitoring

Planning and not following up with it is a recipe for failure. Managers and supervisors are to monitor the goals continuously. In the past, managers followed up once or twice a year, but as we now know, this can be ineffective. To ensure the employees are on target to achieve their goals. There needs to be constant follow-up and feedback to iron out any issues and provide support.

Ideally, monthly or quarterly meetings will take place. Some organizations have even opted for weekly or bi-weekly sessions. It should also be possible to adjust deadlines to accommodate unforeseen circumstances or unaccounted variables, for example, a pandemic or a new law in place.

Another reason to monitor continuously is that long-term goals may intimidate and not motivate employees. Managers and supervisors can help by breaking them into monthly or quarterly goals. Spotting problems early on and providing adequate support will only work effectively under a continuous feedback system.

3. Developing and Reviewing

Towards the end of the cycle, the management does a review. If the manager or supervisor worked well with the employee in the first two cycles, then the third one should be nothing more than a formality between the manager and employees. Development entails looking at the cycles before and asking these questions:

  • If the employee had the required skill set to perform their duty.
  • How much had they learned from their experience?
  • Was the training assigned at the beginning of the cycle of use in completing the task? 
  • What other skills should they look to learn? 

The aim of the development aspect of the third cycle is to gauge how well they have developed and what further training they will need to improve.

Also read: Best Performance Review Tips You Will Read This Year

The review aspect of the cycle focuses on how well the employee or the team did in achieving their goals. It will cover questions like:

  • Did they underachieve or overachieve?
  • What enabled them to either underachieve or overachieve?
  • Did the organization provide adequate support for them? 
  • Are the processes used the very best, or could they be improved? 
  • Was the original goal realistic?

These questions will help the management and employees properly analyze their performance. The third performance management cycle is also when the employee can give their perspective on their performance and receive comprehensive feedback from management.

4. Rating and Rewards

This stage is where management gives its ratings to teams and employees. Management should take appropriate action against employees who don’t meet their goals. It may be a warning, a fine (if such an agreement exists), or termination if it would be impossible to work together. On the other hand, for employees who either meet their targets or overachieve, it is crucial to reward them fairly. 

This action sends the message that the company values those who put in the work and get results. It also signals to employees that the organization appreciates their input. This last cycle is very essential because not acknowledging your employees can demotivate them, and the worst-case scenario leads to resignation. It can also reduce productivity, knowing that management will not reward their efforts.

After completing a cycle, it’s time to come together again and begin a new one. 

Also read: Recognition At Work: The Virtual Edition

How Engagedly Supercharges Performance Management at Every Stage

Performance management is a continuous cycle, not a once-a-year event. It’s about ongoing communication, feedback, and development that empowers employees to thrive and organizations to achieve their goals. Engagedly’s performance management platform streamlines and amplifies every stage of this cycle, turning it into a powerful engine for growth.

1. Planning & Goal Setting

  • Align Individual and Team Goals: Engagedly fosters goal alignment by cascading organizational objectives down to individual levels. Employees understand how their contributions directly impact the bigger picture, boosting motivation and engagement.
  • Set SMART Goals: The platform guides employees in setting Specific, Measurable, Achievable, Relevant, and Time-bound (SMART) goals, ensuring clarity, focus, and a roadmap for success.
  • Continuous Goal Tracking: Progress bars and real-time updates keep employees informed about their performance against set goals, allowing for course correction and adjustments as needed.

2. Monitoring & Feedback

  • 360-Degree Feedback: Engagedly’s feedback tools go beyond traditional manager-to-employee evaluations. Peers, clients, and even self-assessments provide a holistic view of strengths and areas for improvement.
  • Continuous Performance Conversations: The platform encourages ongoing dialogue between managers and employees, fostering a culture of open communication and regular feedback that drives development.
  • Pulse Surveys: Quick, targeted surveys gauge employee sentiment and identify potential roadblocks or areas for improvement in real-time, enabling proactive intervention.

3. Development & Coaching

  • Personalized Learning Paths: Based on individual goals and skill gaps, Engagedly recommends relevant learning resources, training programs, and coaching opportunities, empowering employees to take ownership of their development.
  • Mentorship Programs: Connect experienced employees with mentees to facilitate knowledge sharing, guidance, and support, accelerating growth and fostering a culture of collaboration.
  • Performance Support Tools: Engagedly provides access to job aids, knowledge bases, and other resources that equip employees with the tools and information they need to perform their best.

4. Rating & Rewards

  • Fair and Transparent Performance Reviews: Performance data gathered throughout the cycle informs objective and transparent reviews, eliminating biases and fostering trust.
  • Rewards & Recognition: Engagedly offers a variety of recognition tools, from badges and shout-outs to gamified incentives, to celebrate achievements and reinforce desired behaviors.
  • Compensation Alignment: Performance data can be seamlessly integrated with compensation decisions, ensuring fair and motivating reward systems.

Engagedly’s impact extends beyond individual performance, driving organizational success through:

  • Improved employee engagement and retention: A focus on employee development, recognition, and open communication fosters a positive work environment, leading to happier and more engaged employees who are less likely to leave.
  • Enhanced alignment and goal achievement: Clear goal setting, regular feedback, and ongoing development ensure everyone is working towards the same objectives, increasing the likelihood of organizational success.
  • Data-driven decision-making: Performance data collected throughout the cycle provides valuable insights that can be used to inform strategic decisions, talent management initiatives, and continuous improvement efforts.

By streamlining and amplifying every stage of the performance management cycle, Engagedly transforms it from a bureaucratic chore into a powerful tool for growth and success.

Conclusion

Peter Drucker built the concept of the performance management cycle on the traditional form of appraising employees. Organizations can tailor it to fit into the budding perception of continuous feedback. The structure it presents has made it timeless, ensuring organizations get it right in maximizing employee performance. 

Performance Management System

Frequently Asked Questions

Q1. What is the performance management cycle?

Ans. The performance management cycle is a systematic process that organizations use to monitor, assess, and improve employee performance.

Q2. What are the 4 stages of the performance management cycle?

Ans. The performance management cycle involves four primary stages: planning, monitoring, developing, and rating & rewarding, and then loops back to begin anew.

Q3. Why is the performance management cycle important?

Ans. The performance management cycle is important because it enhances employee performance, aligns goals, improves communication, identifies development areas, supports decision-making, and boosts organizational productivity.

Q4. What is the performance management process?

Ans. The performance management process consists of regular meetings and check-ins between managers and direct reports. It includes planning, monitoring, and reviewing employee goals, performance, and their impact on the organization.


how performance management works


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Start, Stop, Keep-Doing: 3 Words That Will Transform How Your Managers Deliver Feedback

Start, Stop, Keep-Doing: 3 Words That Will Transform How Your Managers Deliver Feedback

There has surely been a lot of change within the world of performance management over the last few years. Companies are shifting to more regular development discussions; they are revising their rating and reward processes; and employees are demanding feedback, transparency in job expectations, and measures of success.

These changes are taking place quickly, and more research is displaying that companies that invest into performance management are experiencing an immediate effect. Employees who receive  feedback are proven to be more engaged and efficient and less likely to leave. Companies that are regularly involved in improving employee performance and potential are able to fill management gaps and focus on developing future talent.

But at the end of the day, performance management comes down to direct conversation among employees and their managers, coaches, leaders, and the company. No matter how HR defines measures of success, the front line of your company’s performance management method can be the delivery of feedback to your managers.

What is Start, Stop, Keep-Doing Methodology?

Start, Stop, keep doingStart, Stop, keep doing for manager feedback

Start, Stop, keep doing  is an action-oriented method for gathering feedback on work techniques at the individual and group level.

It is an intuitive framework that allows team members to invite every different activity they have to start doing, what they should prevent doing, and what they need to keep doing to be more effective in accomplishing their goals and objectives.

Managers and leaders commonly use this analysis to study group and individual performances, acquire organizational feedback, and provide momentum and energy for the team.

The start, stop, and keep-going feedback version is also used in agile retrospective conferences through project managers and scrum masters, wherein the activities and results of the final sprint are analyzed and used to achieve guidelines for similar improvement.

Also Read: Types of Employee Rewards And Why They Matter

Purpose of Using the Start, Stop, Keep-doing 

  • Provide reviews – Start, stop, and keep-doing analysis presents actionable feedback on how the group members, individually and collectively, alternate their approaches to improving their efficacy.

By reviewing their overall actions and gathering feedback, they could begin doing things in order to accomplish their goals, dismiss behaviors that do not support accomplishing their objectives, and keep doing those activities that might be confirmed to help them attain their targets.

  • Locating areas of improvement – By carrying out the start, stop, and keep doing analysis, managers and leaders clarify group issues, and new areas of development come to light. As the areas of development are identified, practical plans and actionable techniques can be developed to result in behavioral change.
  • Empowers and teams individuals – The start, stop, and keep doing exercise empowers teams and individuals to constantly enhance their workflow and work processes. It offers a perception and permits them to pick out what’s working, what’s not working, and what they should  start doing to reach their goals.
  • Builds Trust and Increases Self-Awareness – Building a team that agrees and has individual self-consciousness is important for streamlined work methods and successful project completion. And the start, stop, and keep doing framework is an excellent tool for constructing belief amongst team members and developing self-awareness among individuals.
  • Results in behavioral change – The start, stop, and keep doing retrospective enables teams to study their previous activity and makes it easy for them to identify practical points to work on individually and collectively. This evaluates the consequences of behavioral alternatives through the actionable factors that might be acquired during the analysis.
  • Annual performance reviews – Being a straightforward and easy-to-execute approach to evaluation, the start, stop, and keep doing evaluation may be used to replace quarterly or annual performance reviews and annual worker evaluations. Analyzing a year’s worth of activities is a lot more complicated than reviewing the final sprint’s activities. Therefore, the start, stop, and keep doing feedback is sufficient to analyze performances and eliminates the need for annual performance reviews.

The three elements of start, stop, and keep doing 

1. Start: What should the team start doing?

The activities that the team must learn how to do or begin doing within the next sprint or task phase. These activities are recommended to enhance work processes, reduce waste and increase the group’s overall efficiency.

2. Stop: What should the team stop doing?

Any activities and behaviors that aren’t working, resulting in time waste, inefficiency, and a bad effect on the team’s morale, must be eliminated.

3. Keep doing: What should the team keep doing?

Actions that have definitely contributed towards task completion within the final cycle have to be included in the team’s core activities for the upcoming sprint.

How to Conduct the Start, Stop, keep doing Analysis?

1. Define Clear Objectives

Setting clear goals will assist in identifying any moves that must be stopped, any activities that need to be started, or things that the group should continue doing.

2. Develop a Start Stop and Keep doing Template

By developing a start, stop, and  keep doing template, managers can request feedback from team members. Their input is precious as they become aware of new things that could make them more efficient, old activities that need to be let go of, and existing moves that they should keep doing to be more productive.

3. Brainstorm Ideas For What to Start, Stop, keep doing

Managers can maintain a brainstorming consultation with their team and regularly fill out the template. Positive movements can be prioritized; new actions may be highlighted while figuring out actions that need to be dismissed.

4. Build an Action Plan After Analyzing Feedback

Since the start, stop, and keep-going feedback is an actionable version of reviewing group actions, the final step is to construct an action plan after studying the crucial factors accrued in the brainstorming session. SMART goals must be made based on feedback, and the right action plan can be made to achievethe goals.

What is the Start, Stop, Keep doing Framework Used For?

1. Achieving any Objective

The start, stop, and keep doing gives real-time feedback, which is particularly beneficial for successful achievement of any objective. It allows groups and people to recognize what is required, what is working, and what is probably getting withinthe manner of attaining the objective.

2. Developing a Product Strategy

When developing a product method, managers and team contributors can evaluate merchandise and examine what they need to keep doing, what needs to be stopped, and what new methods need to be carried out to benefit momentum.

3. Analyzing Internal and External Processes

This system is a simple and easy-to-execute tool for studying internal and external methods that need transformation. Core methods may be analyzed to optimize them, new possibilities for development may come to light, and bottlenecks may be highlighted and unblocked to streamline the workflow.

4. Obtaining Feedback from Partners

Feedback may be collected from business partners, both internal and external, for studying workflow, key products, agency financials, and go-to-market (GTM).

5. Analyzing Customer Onboarding

Analyzing the consumer onboarding procedure from the consumer’s angle is feasible by getting the clients involved in the start, stop, and keep doinganalysis. Customer service, onboarding, communications, and consumer care may be reviewed and converted to increase overall customer satisfaction and create dependable clients.

How to  Present the Results of the Start, Stop, Keep Doing, or Continue Analysis?

Managers want to offer the start, stop, and continue outcomes to their group and allow them to recognize how they are able to implement the adjustments through the use of the right action plan.

The results of the evaluation may be provided by discussing crucial factors in a PowerPoint and Google Slide Template.

1. Choose The Right Template for Presenting

Choosing the proper template for providing the results of the analysis is crucial, as group members want to be persuaded and knowledgeable of the modifications required.

For that, SlideModel focuses on growing 100% editable PowerPoint and Google Slide Templates for expert use.

Their start, stop, and continue templates are  mentioned within the next section. Managers and business leaders can make use of the template to offer it  to their team and talk about the analysis. 

2. Discuss Metrics To Show Why the Change Is Required

How to Present the Results of Start, Stop, Keep-Going, or Continue Analysis?

Managers want to offer the start, stop, and continue outcomes to their group and allow them to recognize how they are able to implement the adjustments by the use of the right action plan.

The results of the evaluation may be provided by discussing crucial factors in a PowerPoint and Google Slide Template.

3. Choose The Right Template for Presenting

Choosing the proper template for providing the results of the analysis is crucial as group individuals want to be persuaded and knowledgeable of the modifications required.

For that, SlideModel focuses on growing 100% editable PowerPoint and Google Slide Templates for expert use.

Their start, stop, and continue template is mentioned withinside the next section. Managers and business leaders can make use of the template to offer to their team and talk about the analysis.

4. Discuss Metrics To Show Why the Change Is Required

To achieve the objectives, team individuals want to recognize which modifications are required and why. Sometimes personnel may be against adjustments and may not understand why a few tasks need to be stopped, started, or continued.

This is why conversation is prime here. Discussing metrics will assist them to realize why a few processes want to be dismissed, why new tactics can assist them, and which activities have to still be continued to achieve the targets.

5.  Assign Activities to Team Members

For the execution of the action plan developed after the analysis, it is important that managers assign the activities listed to the team members so that they realize their approximate responsibilities, the resources needed to finish the activities, and the anticipated timeline for the completion of every project they’re assigned.

Start, Stop, Continue Template 

The start, stop, continue template additionally has a traditional whiteboard, and sticky notice slide to assist determine which activities need to be ceased immediately, which need to continue as they are, and what new activities need to be delivered to accomplish goals and objectives.

Also Read: The Ultimate Guide To 30-60-90 Day Performance Review and Templates

Conclusion

The start, stop, keep doing, or continue model allows people to think about their work tactics, examine errors, and become aware of ways to improve them.

The feedback collected needs follow-through after analysis to look at the real results. The right course of action is essential to making certain the behavioral transformation and the modifications in work techniques are part of the future task sprint.

Presenting actionable insights by the usage of a pre-made template by SlideModel could make the complete method easier and quicker. The review points collected also can be saved for later use to investigate improvements and apprehend what needs to start, stop, and continue in the next phase.


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What “Gamification KPIs” Should You Be Tracking

What is Gamification?

Gamification means using game-like elements to reward participation and activity to produce desired results. Point scoring, rewards, and other gameplay components are used for tasks like a staff engagement program or an internet marketing initiative.

Gamification can be used in several aspects of a business. It can be applied to marketing, sales, and HR to achieve desired objectives. For instance, gamification strategies can encourage staff to perform tasks that result in better sales, leads, and successful interaction with potential customers.

According to research, 90% of workers feel that gamification increases their productivity at work. It also shows that average employee engagement rises by 48% in a gamified work environment.

Also Read: 5Employee Engagement Statistics You Should Be Aware of in 2023

How to Gamify KPIs

  • how to gamify KPIsHold Contests

Contests stimulate productivity and create a positive, healthy work culture, promoting a sense of friendly competition. When employees are motivated to participate in contests, their performance improves. While holding contests, you should remember that the contests must align with the objectives that you wish to accomplish. Moreover, they should be relevant and achievable to be fun and engaging; otherwise, employee engagement would drop quickly.

  • Recognize and Reward

Gamification of KPIs also involves recognizing and rewarding the employees who perform well in the contests. Consider introducing a rewards system to complement the competition strategy.

One way to achieve this is by establishing a points-based system for teams, whereby they are awarded a particular number of points each time they achieve a goal. Employees can exchange these points for a gift or a bonus.

  • Offer Feedback

Feedback is an important part of continuous improvement. Employees should receive constructive feedback for their performance in contests and tasks. It can let them know what they can do better to move up in the competition.

You can make the feedback procedure more enjoyable by transforming it into a game-like experience. You can name it a ‘Quest for Improvement’, for example, and the employees have to gather feedback and list some ways they can improve as they progress through the game. This will increase the likelihood of improvement on the part of employees, as they are more likely to be receptive to such forms of feedback.

  • Introduce Updates

Outdated gamification methods may gradually lose their effectiveness, much like any game that fails to adapt and evolve. To sustain employee engagement and motivation, managers should actively seek to keep the gamification experience interesting. This entails regularly introducing fresh updates such as new challenges, innovative scoring methods, enticing prizes, and additional game elements. By consistently injecting novelty into the gaming experience, managers can effectively preserve the efficacy of gamification, ensuring it remains a vibrant and engaging tool for employee motivation.

  • Personalize

Allow users in the gamified system the flexibility to customize their avatars, themes, or other components. While certain badges, such as progress badges, remain system-wide, others, like performance badges, benefit from personalization.

Incorporating personalized graphics and including the employee’s name to express gratitude for their work adds a personal touch, fostering increased employee loyalty toward the organization.

Gamification KPIs

The primary goal of gamification KPIs is to make reaching targets more enjoyable, rewarding, and effective. Following are some common gamification KPIs that you should keep track of:

  • Points, Badges, and Leaderboards

Giving points for completing activities or hitting KPI targets gives employees a concrete way to gauge their progress and success. Badges serve as tangible rewards that heighten feelings of accomplishment. Participants work to increase their point totals and badge collections, encouraging healthy competition and enhancing performance.

This gamified strategy can foster a sense of fun and offer incentives for achieving goals. The badges may take the form of several appealing aesthetic components. In the long run, this can improve retention and employee engagement.

Implementing a performance leaderboard is another effective strategy. This feature tracks and ranks employees or teams/departments based on their performance. It serves as motivation for other employees to strive for higher rankings, fostering healthy competition and engagement.

  • Difficulty Milestones

An important KPI is measuring the progress of your employees. You can do this by keeping track of the difficulty of the tasks your employee is doing. This data can give you useful insight into the growth level of your employees. You can also use these insights to modify the difficulty level for each employee based on their performance.

You can set additional benefits and rewards for employees who consistently clear a set number of difficulty levels without fail to keep them motivated.

  • Timely Completion of Tasks

To accomplish particular KPIs within a specified timeframe, set time-based challenges. The need to meet deadlines can motivate participants to work harder. Additionally, the emphasis on timely completion encourages time management and punctuality within the organization while streamlining processes and ensuring easier workflows.

  • Task Success Rate 

The task success rate, a vital KPI measured through gamification, offers insights into employee productivity by calculating the percentage of completed tasks out of the total assigned. 

Consider an employee with ten tasks; achieving eight results in an 80% success rate. By incorporating this metric into the leaderboard, employees are motivated to enhance their success rates, fostering continuous improvement.

  • Feedback Corner

The feedback corner is a crucial part of the gamification method that tells employees what they can do better to improve their performance. Employees must receive the feedback well, in clear terms. This encourages a culture of open dialogue, teamwork, and constant development, advancing business goals.

Also Read: The Growing Trend of Gamification in HR 

Impact of Gamification on Employee Engagement 

The main purpose of gamification is to improve the engagement rate in an organization. Research has shown that a good engagement rate can increase profits and customer satisfaction. Employers can increase employee engagement through rewards, recognition, interesting tasks, and a fun interactive interface.

A big plus that gamification brings here is a new, innovative way of doing things. It breaks the monotony of routine work, making it more enjoyable. This keeps employees hooked on their tasks and, thus, increases productivity and engagement.

Finally, visually appealing elements, time-offs, and other real-time rewards in exchange for the collected points and badges drive employee engagement enhanced by gamification.

Benefits of KPI Gamification 

  • One of the key advantages of KPI gamification is the use of data to make informed decisions. Data from leaderboards can provide employers with valuable insights into employee performance.
  • A direct benefit of gamification is a fun-filled atmosphere at work, which promotes healthy competition and boosts productivity.
  • With gamification, you can gradually build a high-performance culture in your workplace.
  • Employee engagement and motivation are also improved as a result of KPI gamification. It also boosts employee morale by providing them with rewards and recognition.
  • Learning and training programs can become more efficient through gamification contests and leaderboards. This way, it focuses on knowledge transfer and skill development.
  • Team-based gamification can enhance employee collaboration and cooperation.
  • Employees can improve their skills through the challenges and learning opportunities frequently included in gamification.
  • The feedback feature in gamification motivates employees to strive for improvement and put in more effort.

Summing Up 

The gamification of Key Performance Indicators (KPIs) integrates game elements to enhance the engagement and appeal of reaching targets. By incorporating gamification into KPI tracking, the process of achieving goals becomes not only more enjoyable but also more attainable. Essential gamified KPIs to monitor encompass metrics such as task success rate and the timely completion of assignments, among others. Utilizing gamification in KPI management not only adds a layer of enjoyment to the tracking process but also contributes to a more dynamic and motivated work environment.

Frequently Asked Questions

Q1. How can we gamify HR targets and processes? 

Game-like elements can be introduced in HR processes like onboarding by providing new hires with an interactive journey that guides them through company policies, culture, and training. This can help them feel more engaged and connected to the organization from the start. Other gameplay elements, such as quizzes, can be used in training processes to ensure knowledge transfer to the job.

Q2. What are gamification programs? 

Gamification programs are initiatives that integrate game-like elements, such as scoring, rewards, and competition, into non-game contexts, like business processes or employee engagement strategies. They aim to enhance motivation, participation, and performance by leveraging the engaging aspects of games.

Q3. Is there a downside to gamification?

While gamification can be effective, poorly designed implementations may cause employee confusion and a rapid decline in engagement. Additionally, the ongoing need for updates to maintain interest can contribute to high development costs.


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Manager’s Complete Checklist to Staff Check Ins

Checking in on the progress of your direct reports doesn’t need to be a long and stressful process. Employee check-ins are an easy way to keep track of the performance of your employees without making it seem like an actual performance review.

Continue reading “Manager’s Complete Checklist to Staff Check Ins”

How to Calculate Employee Retention Rate in Your Organization

What is the Employee Retention Rate?

The employee retention rate is a crucial metric that provides insights into a company’s ability to retain its workforce over a specific period. This metric is valuable for assessing various aspects, including workplace culture, employee satisfaction, and the overall health of the organization. Understanding and calculating the retention rate is instrumental in evaluating the effectiveness of talent management strategies and employee engagement programs implemented by the company.

Having a lower retention rate could signify challenges in maintaining a stable and experienced workforce. This may result in increased recruitment costs, disruptions in workflow, and potential impacts on overall team morale. Additionally, it might indicate underlying issues with employee satisfaction, engagement, or organizational culture that warrant attention and improvement.

Also Read: 10 Ways to Make Your Employee Recognition Program a Success

Why Prioritize Employee Retention?

how to calculate employee retention?Understanding and enhancing an organization’s employee retention rate holds paramount importance for several compelling reasons:

  • Cost Savings: Low retention rates lead to additional expenses. Businesses incur costs in recruiting, hiring, and training new staff, which can be significantly reduced with effective retention strategies.
  • Productivity and Efficiency: A stable workforce with institutional experience and knowledge tends to boost efficiency and productivity. Maintaining an experienced team through high retention rates minimizes disruptions and enhances overall work output.
  • Organizational Stability: A consistent workforce contributes to a stable workplace environment, positively impacting employee morale and fostering a cohesive company culture.
  • Customer Satisfaction: Content and skilled employees are more likely to deliver superior customer service, directly influencing client satisfaction and loyalty.
  • Employee Engagement: Research consistently indicates a positive correlation between higher retention rates and increased employee engagement. This connection fosters motivation, innovation, and a deep commitment to the organization’s objectives.
  • Long-Term Growth: Employee retention plays a crucial role in promoting sustained organizational growth. Cultivating a dedicated staff over time contributes to the business’s success and resilience in the long run.

How to Calculate Employee Retention Rate

To learn how to calculate the employee retention rate, follow these steps:

  1. Choose the specific duration for which you wish to determine the retention rate. It can be a quarter, year, or any other specified timeframe.
  2. Note the employee count at the beginning and end of the period.
  3. Use the employee retention rate formula below:

Employee Retention Rate = (Number of employees at the end of the period/Number of employees at the start of the period) * 100

  1. The result will be a percentage, representing the proportion of employees who stayed with the company during the selected timeframe.

Employee Retention Rate Example:

  • Assume that you had 1,000 employees at the start of the year.
  • 100 employees left the organization during the chosen timeframe.
  • The remaining 900 indicate the employees who stayed with the company for the year. 
  • Divide 900 by 1000. Whatever the resulting value, multiply by 100.
  • Your Employee Retention Rate = (900/1000) x 100 = 90%

What is a Good Employee Retention Rate? 

A good employee retention rate is often considered higher than the industry average and indicative of a steady and contented workforce. In many businesses, a retention rate of about 90% is regarded as favorable. However, what qualifies as a good retention rate depends on the industry, operation scale, location, and labor market conditions.

A slightly lower retention rate might be viewed positively for certain industries or organizations with unique employee characteristics if it aligns with their specific goals and objectives. For example, if the average retention rate for the IT sector is 80%, a company with a 75% retention rate will be considered fairly well for employees.

In the long run, comparing an organization’s retention rate to industry benchmarks, historical data, and goals is the most useful method for identifying  the staff retention rate. A healthy work environment and long-term employee loyalty and commitment to the organization’s success are fostered by consistently tracking and improving the retention rate.

How to Improve Employee Retention Rate?

Here’s how to improve the employee retention rate:

  • Foster Employee Engagement

Provide professional growth and development possibilities, consult with employees during decision-making, and take their feedback seriously. When employees feel engaged, they connect more with the organization and become more committed to its success. A good manager knows how to spot disengaged employees, understand their issues, and overcome these issues to increase engagement.

Also Read: The Cost of Employee Disengagement
  • Build a Positive Company Culture

Create a helpful and welcoming workplace environment that strongly emphasizes collaboration, openness, and communication. Create an atmosphere where team members can voice concerns and ideas without fear of reprisal. A healthy culture improves job satisfaction and fortifies the connection between employees and employers.

  • Recognize and Reward

To recognize employees’ achievements, establish a strong employee reward and recognition program. Recognize exceptional efforts regularly, personally and collectively, through verbal appreciation, appreciative awards, or monetary or recreational benefits. Employee motivation and job satisfaction can rise when efforts are acknowledged and rewarded, fostering appreciation and loyalty.

  • Offer Opportunities for Career Growth

Establish career paths for employee development through training and mentoring programs. Employees are more inclined to stick around and form a long-term commitment to their roles when they perceive prospects for progress within the company.

  • Conduct Stay Interviews

Stay interviews provide valuable insights into the factors that contribute to employees staying with a company or considering leaving. Consistently inquire about their needs, concerns, and aspirations, using this information to proactively tackle issues and implement changes aimed at enhancing employee retention

  • Conduct Exit Interviews

Exit interviews are a useful technique that give insights into the factors behind high employee turnover. These honest conversations also identify areas where employee retention tactics must be improved. Organizations can identify underlying problems that might not have been obvious during their tenure by actively listening to departing employees and asking open-ended inquiries.

Exit interview input that is actively used to encourage beneficial change demonstrates the organization’s dedication to ongoing development. Thus, using these strategies, organizations can create a work environment where staff members feel valued, involved, and well-supported. 

Eventually, this will help you retain top talent and make your organization a preferred workplace, fostering a culture of continuous improvement and sustained success.

  • Promote Work-Life Balance 

Support work-life balance by offering flexible options like remote work or flexible hours. Encourage employees to take time-offs to avoid burnout and improve their overall well-being. Demonstrate respect for their personal lives and understand the value of juggling family and work obligations. Not doing so can and will result in a high turnover rate!

Summing Up 

In summary, the employee retention rate stands as a critical gauge of an organization’s ability to sustain its workforce. This metric, reflective of workplace satisfaction and stability, is computed by dividing the number of dedicated employees by the initial total count. An optimal retention rate, ideally around 90%, indicates a flourishing environment. The advantages of high retention are manifold, spanning cost savings, heightened productivity, enhanced customer satisfaction, robust staff engagement, and enduring organizational success. Therefore, it’s essential to recognize that investing in retaining top talent isn’t merely a wise choice—it’s the key to unlocking enduring prosperity!

Boost your bottom line with Engagedly, the ultimate employee retention solution! Automating and assisting in performance management and other key HR tasks, we bring the power of AI and digitization to speed things up!

Frequently Asked Questions

Q1. How frequently should businesses calculate their staff retention rates? 

Organizations can check the employee retention rate regularly, like every quarter, six months, or year, depending on their needs and goals. While annual calculations may be useful in identifying long-term patterns, quarterly estimates offer more recent insights.

Q2. How does a lower retention rate affect the bottom line of the organization? 

A lower retention rate can negatively impact the bottom line of an organization by increasing recruitment and training costs, reducing productivity due to constant turnover, and potentially affecting customer satisfaction and employee morale.

Q3. What is an acceptable turnover rate?

Depending on the industry, the size of the organization, and other elements, there are different acceptable turnover rates. For many organizations, a turnover rate of roughly 10% is deemed acceptable.


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 How To Facilitate People Strategy Sessions in 2024?

Strategy sessions are meetings that are focused on people or employees in a company. The sessions scheduled in phases help to define a strategy, create a plan based on it, and have an action plan. Cutting-edge techniques are required in in-person sessions and planning with the management team. An expert facilitator can bring a high return on investing and planning for strategy sessions.    

What is People Strategy?

People strategy sounds similar to the organization strategy that takes business on the right track to achieve goals. The former, in particular, is designed to increase employee engagement, boost productivity, and retain high-performing or potential employees in an organization. People strategy can help measure the existing talents in an organization, the need for new talent, and the talent you wish to retain.

Can you relate people strategy to business strategy? Let us see how.

Business strategy relates to products, their marketing, product features, and how to connect with the target audience. However, people strategy focuses on the workforce behind the business. Thus, the lack of people strategy can impact a business strategy. Well-designed and articulated people strategies can facilitate the development and implementation of business strategies effectively. The goal of a business should be to empower the workforce, help them become their best selves, and impact business growth positively. 

Also Read: How To Use Talent Analytics To Inform Your Business Strategy

People Strategy vs. HR Strategy

The HR team will develop and make people strategy operational and incorporate it into departmental work. Thus, we can see that the people strategy focuses on growth, feedback, development, diversity, and quality. The extent and effectiveness of the HR strategy have changed in response to the pandemic. It is mainly due to the change in the work model that demands more strategic ideas. It can also retain potential candidates, help remote operations, and achieve success. 

The HR strategy is based on business goals and focuses more on onboarding, recruiting, and managing employees. In this regard, people strategy consultant Emily Beugelmans Cook says that HR strategy lays the foundation for a team to perform, whereas people strategy unlocks the potential and empowers the workforce to achieve business goals. Furthermore, it impacts engagement and helps build an inclusive culture in the workplace.      

How to Plan for a Strategic Session?

  • Schedule a session and communicate its time with the team. Make everyone understand the importance of the process to know how critical it is to participate and work towards company goals.
  • Having the right facilitator indicates that the sessions will run smoothly
  • Hire an expert facilitator to discuss and decide the agenda for the meetings
  • A company CEO and facilitator should plan a strategy session for the meeting—including planning location, timing, materials to be discussed, lunch, etc.
  • The facilitator should prepare the participants and prepare a questionnaire after discussing with the CEO
  • Let the participants know the key questions you want answers to, as it will make the process easier

Steps of a Strategic Planning Session

Step 1: Think through the purpose and focus on the outcome of the meeting

Where to begin and end? Know the objective and find ways to achieve it with the end in mind. Decide on a strategic planning session to achieve goals based on the need of the organization. Invite participants based on their ability to accomplish goals. Facilitators can assist in planning a comprehensive strategy session.

Start with an objective statement to share with your team in advance. It will attract the attention of your audience and contribute to a successful session. Moreover, the team can achieve clarity as it moves towards the second step and begins its planning. 

How do you measure an objective? The key points are as follows:

  1.   The purpose of the action and what needs to be done
  2.   Identify the path to take by listing the scope, involvement, criteria, measures, tactics, and benefits, along with relevant details
  3.   What to expect from them and why it is vital

A quarterly planning session should include the following elements:

  • Highlight accomplishments of the previous quarter
  • Form a team with experienced members
  • Analyze and update the annual plan for achieving long-term goals
  • The team should discuss, debate, and then agree on the critical areas
  • Prepare the team to overcome potential obstacles that can hinder success
  • Identify company priorities and acknowledge success in the beginning
  • Identify the priorities of each member working in a team
  • Prepare the team to start thinking ahead of time for next year’s annual planning
  • Identify strengths and weaknesses at the beginning for better outcomes

This helps to finish the current year strongly and gives confidence and knowledge of the weaknesses and strengths to start the next session.     

Step 2: Plan well in advance

Ensure everyone for a team meeting is present one hour in advance and will be a good investment. By preparing thoroughly, you can make the most of this time. A well-planned strategic meeting checklist should include the following:

  1.     Set the meeting date

Try to declare the date as soon as possible so that everyone can attend it. If it is a recurring meeting, ensure that every member is present for all the meetings. Schedule it well in advance and inform every member. 

  1.     Select a facilitator

The right person can facilitate your strategy sessions better. The person in charge can create an agenda, prepare the required content, arrive early at the meeting, ensure technology testing, and help facilitate the session. Having clarity of role is important so that no work remains unattained when the session is about to start.

  1.     Select a location

If you are planning a session in your conference room, it can be ineffective. There is the possibility of losing focus and being interrupted by operational problems. It is ideal for a short-term meeting, but planning for an off-site meeting can be effective when it continues to 1 to 2 long sessions.   

  1.     Select a coordinator to handle the meeting

The meeting coordinator will be in charge of all things that happen in a meeting; they will ensure that participants arrive, take care of travel arrangements, and look after every detail of the session. Try to pick someone meticulous and helps in strategic planning and maintaining checklists. The person should prepare for the meeting and create a basic plan that accomplishes the agenda in detail. Whatever the outline may be, it should be for the target audience.

  1.     Email the agenda and pre-work details of the meeting to the attendees

Communicate with your attendees to share the meeting objective and explain the extent of pre-work required. The people attending the meeting should bring the pre-work and take time to share the agenda. This is how people should focus on strategic goals ahead of the meeting time and try to come up with the best ideas.

  1.     Follow up with last-minute details

Work with the meeting coordinator to ensure all meeting details are addressed, like lunch plans, technology arrangements required, handling supplies, confirming the attendees, and others. It ensures that the meeting is conducted smoothly.    

Step 3: Running the strategy session

The facilitator is responsible for the successful running of a strategic session. Hence, it is necessary to determine the role of the facilitator in detail.

  •  The facilitator should ensure that employees of the organization collaborate and achieve their strategies. The person should be neutral and not take sides when judging any point of view during the meeting. A facilitator should advocate for an open and fair procedure in the session. 
  • The facilitator should encourage every individual to come up with an informed decision. The facilitator supports others to achieve exceptional performance.
  •  The facilitator encourages the full participation of individuals in a group meeting, promotes better understanding, and fosters shared responsibility in each one. Supporting everyone allows a group to search for an informed and inclusive solution. Based on this, the team can come up with sustainable agreements.

So, the facilitator’s main role is to make the tasks easy for everyone attending the session. Planning every step is what the facilitator looks forward to. 

Who Needs a People Strategy?

If you don’t have a people strategy, try to plan it sooner. It is an extension of business strategy that focuses on business success. This directly influences the workflow you produce and boosts its productivity in the best way possible. However, without a strategy, you are risking the following:

  •       Double up the work
  •       Misaligned team
  •       Prioritize unimportant things
  •       Have unclear product and customer roadmaps to follow

Sooner or later, these internal issues take bigger turns and become detrimental to businesses looking for growth. Each risk is damaging and leads to another, and is potentially destructive.  

people.strategy

Best Practices for Effective People Strategy

Now that you’ve gathered some ideas for what a people strategy should look like and what it takes to have result-oriented individuals in a group, try to develop an effective people strategy. If you have a strategy in mind, here are some practices that can guide you better.  

  • Do you have a team to deliver the strategy?
  • Is there adequate time to focus on strategy?

How the team performs over the year answers both the above questions. The best practices for people strategy should include promoting, upscaling, structural changes, external hiring, and others. The people who carry out the strategy are just as important as the strategy itself. Therefore, it is all about finding the time to form the right team to accomplish the goals. 

Also Read: 7 Steps To Setting Workplace Goals And Making Them Happen!

Tips to Implement Strategies in 2024

     1. Need for strong communication

Good communication is vital in strategic planning as it helps the groups know what is going on and how they can contribute. Everybody in an organization should be aware of their targets and should strive to achieve them with strategic planning. The leaders of the teams must ensure that information flows across different groups for the timely implementation of strategies. Start with a structure to ensure that you get all team leaders and individuals to work on the plan and complete it on time.   

      2. Accountability for the strategy plan

Track the progress of your plan and foster accountability. Make people accountable for their progress and every detail discussed in the plan. It is important to focus on the results that need to be accomplished. When things fail to fall on the track, we need to utilize the capabilities of teams and make things right in the first instance.

      3. Strategies should be a priority

Arrange a meeting to let every team member know that the strategic plan should be a priority. A company’s CEO should arrange meetings and highlight the initial strategy that can show the right path to achieve success. 

Conclusion

A company cannot flourish without a strategy. So, even before a company starts production and forms a workforce, an external facilitator should be hired who can create the best strategy. But the most important part is percolating this strategy to every member of the workforce and the management plays a vital role in ensuring this. Thus, a people strategy session’s purpose is to bring all stakeholders together under one roof and accomplish the goals of the organization together. 

 


Book a free demo with us to know how Engagedly can help you facilitate people strategy sessions!

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Performance Review Tips For 2024

Every organization has their own methods and approaches in place for the performance review process. They are intended to be unbiased and fair evaluation of employee performance.

With hybrid and remote work, performance review can be an effective tool to motivate employees and improve their productivity. But often employees dread them? For a few reasons like inaccuracy, being biased and contributing to the decrease of employee morale, employees tend not to like them.

Also Read: Employee Motivation Is Not About Perks Alone

Many companies today are reinventing their performance review processes in a way that they contribute to an increase in employee productivity and improvement of employee morale at the workplace. Do you want to reinvent performance reviews at your workplace too? Here are a few tips for you.

Conduct Weekly Check-Ins

The approach for performance reviews can be different for different organizations, but one of the most common issues that employees face with reviews in all organizations is that they do not get enough feedback. Frequent employee feedback helps employees gain a clear understanding of the expectation from them and gives them a proper direction. Managers also can utilize frequent employee check-ins and keep track of their employee progress from time to time.

Recognize and Reward Your Employees

This is one of the most underrated aspects of employee appreciation. When employees are good at their job, they need to know it from their managers. This motivates them to get better and contribute to organizational success. Recognizing and rewarding employee performance goes a long way. This not only motivates the employee being recognized but also the other employees to do their best to be recognized by their managers.

Also Read: Recognition At Work:The Virtual Edition

Encourage A Transparent Organizational Culture

It is important for employees to understand the workflow in their organizations. In most organizations, only the information enough to get the job done is shared with employees. This approach not only damages the work culture but also decreases employee engagement and morale. The first step to change this is to encourage open communication throughout the organization. The next is to allow employees to make their own decisions, this improves employee accountability throughout the organization. Not only this, according to Jobvite 46% employees consider organization culture important while applying to companies.

Make The Discussions Future Focussed

One of the most damaging mistakes that managers tend to make during performance reviews is basing the whole review on the employee’s past performance. Change this approach and focus more on the future. Take into account the organizational goals and understand the role of the employees in contributing to these goals. Analyze their pace and style of work based on past work but do not make the review entirely about it. Instead, talk to them about the plans you have for their future at your organization.

Allocate Budget and Resources

It is important for managers to understand the technological and budget requirements of their employees and provide them with necessary resources that contribute to their productivity. Though taking initiative as an employee is an important aspect of performance, you cannot expect employees to do everything by themselves. So, discuss this aspect with your employees and set a budget for their role and provide them with necessary resources.

Set Short-Term Goals

Like said before, it is important to frequently check and validate employee performance. In the same way, it is also important to change goals every quarter so that employees do not get stuck in a rut working for the same goals for one whole year. Quarterly performance goals give both the employees and managers a scope to experiment and implement new approaches to work.

Also Read: Here’s How To Set Effective Goals For Your Employees

Have A Two-Way Communication

This is one of the mistakes that managers do not even realize making. Some managers tend to make the whole review about what they feel about the employee’s performance and never make it easier for employees to participate in the discussion and give inputs. Always ask employees after review if they feel that the review was fair enough. This gives you a scope for starting a two-way discussion with employees.

Be Ready To Receive Feedback

Always remember to be open to feedback from employees. Performance review meeting isn’t just for managers to evaluate employee performance but also for employees to discuss what they expect from their managers. Being open to feedback from direct reports is one of the best approaches to improve yourself as a manager.


Want to know how Engagedly can help you with performance reviews? Request a demo today from our experts. 

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10 Smart Employee Goal Setting Software In 2024

“Setting employee goals is the first step in turning the invisible into the visible”. Tony Robbins. Employee goal setting and tracking is one of the most crucial aspects of a business. It helps in keeping employees focussed on their tasks and align individual goals with organizational goals. To keep the workforce productive, organizations have started adopting employee goal setting software to automate the cumbersome manual process of tracking every employee’s goals. These tools are loaded with advance technology and offer numerous benefits to the organization such as higher productivity, transparency, and accountability.

In this article, we will discuss about the features of some of the best employee goal tracking software. It will help you in selecting a goal setting tool that is aligned with the needs of your organization.

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50 HR Podcasts, Blogs, and YouTube Channels You Should Be Following

It’s easy to understand why HR podcasts have become so popular. Podcasts are easily accessible and you can listen to them whilst commuting or going for a jog. Podcasts are a fantastic method to improve your HR skills, teach you about recruiting and personnel management, or take you on a multi-episode adventure into the future or of work.

In this article, you’ll find 50 HR podcasts that you should check out now.

Special Mention: Engagedly’s People Strategy Leaders Podcast is a series hosted by Srikant Chellappa, President and Co-founder of Engagedly. In this podcast, you will hear from thought leaders, HR specialists, and change makers of the industry sharing their experiences and insights on evolving work cultures, challenges for HR leaders, emerging solutions, and compelling strategies to turn the tide of the events in your favour.

A sneak peak into the industry leaders who have been on this show

  • Sarah White, CEO of Aspect 43
  • Karthik Ganesh, CEO of EmpiRx Health
  • Amy Waninger, the Founder & CEO of Lead at Any Level
  • Lou Adler, the CEO and Co-founder of The Adler Group
  • Karen Ferris, the Director of karenferris.com
  • Prithwi Dasgupta, the CEO and Co-founder of SmartKarrot Inc
  • Greg Ballard, the CEO of Five C Consulting
  • Amaris McComas, the Chief People Officer of CPSI
  • Emmy Thomas, VP Brand and Marketing of Logical Position
  • Partha Neog, the CEO and Co-founder of Vantage Circle

Are you an organizational leader, people specialist, HR strategist, or people manager who is shaping the future of work and has a story to tell? Be a guest on our People Strategy Leaders podcast and share your story with the world.

Be Our Guest On People Strategy Leader Podcast

Top 50 HR Podcasts To Follow In 2022/20023

Subscribe to the below list of Top HR Podcasts and be the change maker in your organization.

1. All about HR

If you’re looking for a podcast that covers all things about HR, then ”ALL ABOUT HR” produced by AIHR (Academy to Innovate HR) is a perfect choice. The hosts are knowledgeable and experienced, and they’re sure to provide you with plenty of useful information and tips. Whether you’re an HR professional yourself, or you’re simply interested in learning more about the field, AIHR is worth a listen. 

In this podcast produced by AIHR, HR industry professionals, CHROs (Chief Human Resources Officers), and thought leaders give you the inside scoop on everything HR, including the newest trends and cutting-edge insights.

2. The HR Sound Off Podcast Show

The HR Sound Off Podcast Show aims to dispel some of the HR field’s myths. Julie Turney, a Barbados-based podcaster, shows her listeners the human side of HR professionals by revealing her problems and worries. 

3. Redefining HR

This channel redefines the latest human resource trends in all areas, including HR, people operations, and recruiting. Mavericks, innovators, boundary-pushers, makers, builders, and convention-breakers are all featured on the show Not the HR Lady.

Tara Furiani and Justin Boggs host the show Not the HR Lady. The weekly web series and podcast focus on extracting improper behavior from the workplace. As a result, When it comes to the ‘People’ experience, it practices what it preaches, diversity, openness, communication, knowledge, and opportunities to network and grow. 

Also Read: 6 Trends That Will Shape HR Strategies In 2022

4. The Candidate Experience Podcast

The Candidate Experience Podcast hosted by Chuck Solomon focuses on enhancing the candidate journey, as you might expect – beginning with the application and ending with the hiring process.

5. Talking HR trends with Natal and Tom

Natal Dank from PXO Culture and Tom Haak from the HR Trend Institute discuss the topical themes affecting HR in this show. Their approach is educational, occasionally contentious, and always entertaining.

6. The Employer Branding Podcast

Jörgen Sundberg hosts the Employer Branding Podcast, which focuses on developing an employer brand and how to use your corporate image in talent acquisition and recruiting.            

7. HR Coffee Time

Human resource is a broad field that covers many different aspects of employee management and relations. The HR Coffee Time podcast is a great resource for anyone looking to learn more about HR or to stay up-to-date on the latest trends and news. Each episode of HR Coffee Time features a different guest speaker, who discusses a range of topics related to human resources.

8. Workology

Workology is the go-to HR podcast for HR leaders looking to shake up the status quo. Jessica Miller-Merrell, the host, sits down with guests to discuss novel business trends, tools, and case studies. 

9. HR unConfidential

HR unConfidential is a podcast that tackles the tough topics in HR.pics, giving listeners the tools they need to succeed in their HR roles. Whether you’re a seasoned HR professional or just starting, HR unConfidential is the perfect resource for staying up-to-date on all things HR. They frequently reflect on the absurdity of some of the things they experienced while working in human resources, as well as the insights they recognized could help individuals for better work experience. 

10. HBR IdeaCast

HBR IdeaCast is a podcast produced by Harvard Business Review that features interviews with some of the most influential thinkers in the field of HR. In each episode, the guests share their insights and ideas on how to build a better workplace. In the conventional sense, the HBR IdeaCast is not just an HR podcast. The Harvard Business Review presents this podcast about business and management, which is hosted by Alison Beard and Curt Nickisch. 

11. HR Party of One

HR Party of One is your one-stop shop for all things HR. Sarah Hecht, the show’s host, focuses on the most critical challenges for HR teams and business executives and promotes lively debates on the essential issues of HR confronting fast-growing small firms and start-ups.

12. Invisibilia

The Invisibilia podcast is one of the most popular podcasts out there. It’s a show about the unseen forces that shape our lives. Each episode explores a different topic, from the power of our subconscious minds to the invisible hand of the market.

The show is hosted by two award-winning journalists, Alix Spiegel and Lulu Miller. They bring you fascinating stories and insights into the hidden forces that shape our lives. If you’re looking for a thought-provoking and entertaining podcast, Invisibilia is a great choice. 

13. Oven-ready HR

Oven-ready HR is a new HR podcast that is quickly gaining popularity. The podcast is hosted by two experienced HR professionals, who discuss a wide range of topics related to HR. The podcast is designed to be both informative and entertaining, and it has something to offer everyone interested in HR. 

14. The Future of Work Podcast 

This weekly show hosted by Jacob Morgan has in-depth discussions about the future of work with senior executives and business leaders worldwide. The podcast tackles a different topic and has a special guest in each edition.

15. The HR Uprising Podcast

Lucinda Carney, a business psychologist, HR change agent, speaker, and coach, hosts the HR Uprising. The show splits into two sections: ‘In Focus’ episodes, in which she looks into a certain issue in-depth, and ‘Conversations with’ episodes, in which she interviews specialists and HR/L&D practitioners. 

hr podcast

16. Talent Acquisition Leaders

Talent Acquisition Leaders is an HR podcast that covers all things talent acquisition. From the latest news and trends to interviews with industry leaders, this podcast has it all. If you’re looking for insights and guidance on how to build a world-class talent acquisition function, this is the podcast for you.

17. The HR Social Hour Half Hour Podcast 

Jon Thurmond and Wendy Dailey, both HR professionals, host the HR Social Hour Half Hour Podcast. They talk to other practitioners about how to connect, give back, and expand their HR network. 

18. Recruiting Future 

Matt Alder’s show delves into recruitment and human resources innovation and futurology. In a weekly episode of 25-minutes, Matt interviews thought leaders and professionals who revolutionize the employment market. With high-profile guests and insightful discussions, Recruiting Future produces high-quality content regularly.

19. The HR L&D Podcast

The HR L&D Podcast is a new HR podcast that launched in January 2020. The podcast is hosted by HR professionals Johnathan Davidson and Lindsey Pollak, and it features expert guests who discuss the latest trends in HR, and learning and development. The podcast is a great resource for HR professionals who want to stay up-to-date on the latest industry trends and learn from the experts.

20. Eat Sleep Work Repeat

If you’re looking for a podcast that covers all things HR, then you need to check out Eat Sleep Work Repeat by Bruce Daisley. In each episode, Bruce interviews HR experts from all over the world to get their insights on a variety of topics. And if you’re not an HR professional, don’t worry – the podcast is still enjoyable and informative. So whether you’re in HR or not, be sure to check out Eat Sleep Work Repeat.

21. Technically People

Technically People is a discussion about the most critical people issues in the tech sector, such as diversity and inclusion, remote/hybrid work, bias elimination, recruitment/retention, and more. 

22. Big Fish in the Talent Pool

This podcast’s approach is informal and enjoyable to listen to – it’s as if you’re listening to a conversation between two leaders over coffee – and no topic is off-limits.

23. HR Daily Advisor

HR Daily Advisor is a twice-monthly podcast that provides clear, relevant, and actionable information on important themes to human resources professionals and those who manage organizations with substantial and talented people. 

24. DriveThruHR 

DriveThruHR is a podcast about HR, hosted by Mike Van Dervort, Robin Schooling, TheOneCrystal, and Dwane La. The podcast is a great resource for HR professionals, as it provides insightful interviews with HR experts from around the world.

In their episodes, special guests share their expertise in human resources. This podcast, along with many other things, talks about HR technology, recruiting, talent management, leadership, organizational culture, and strategic HR.

25. Transform Your Workplace

Each week, the podcast Transform Your Workplace addresses a different topic, ranging from human resources, communication, and culture to corporate growth, leadership, and workplace trends.

26. HR Happy Hour

Human resources, management, leadership, and workforce technology are the topics of HR Happy Hour, the longest-running and most-downloaded HR podcast. 

27. HRchat Podcast

This podcast provides insights and tips on a variety of topics, including how to advance your career, how to stay motivated, and how to find work/life balance. This chat podcast is a great resource for anyone looking to learn more about the HR profession and how to be successful in it.

28. HR on the Offensive 

HR on the Offensive is an HR podcast that covers a wide range of topics related to the human resources field. From hiring and firing to employee retention and training, this podcast has something for everyone in HR. Additionally, the podcast features interviews with HR experts from around the world, giving listeners a chance to learn from the best in the business. If you’re looking for an informative and entertaining HR podcast, this is for you. 

29. HR Leaders

On HR Leaders, a daily podcast and a LinkedIn Live program hosted by Chris Rainey, he interviews industry experts and HR leaders from renowned global brands such as Coca-Cola, Nestle, IBM, and Microsoft. These leaders share their insights on what it takes to build a strong HR function within a company. They also discuss the challenges and opportunities that they have faced during their careers. 

30. HR Like a Boss

Are you prepared to be a fantastic HR professional? Learn how to ‘HR Like a Boss’ by speaking with prominent HR specialists who have dedicated their careers to taking HR to the next level.  

Also Read: The Great Resignation: Causes, Effects, and Preventive HR Strategies 

31. Vantage Influencers Podcast

Vantage Influencers is a podcast that showcases some of the most successful and inspiring people in the world. Each episode features a different guest, who shares their story, advice, and insights with the audience.

The podcast is hosted by entrepreneur and investor Dan Lok, who has built a successful career by helping others achieve their goals. Dan is a highly sought-after speaker and consultant, and he brings his wealth of knowledge and experience to the show.

Whether you’re looking for motivation, advice, or simply want to hear some amazing stories, Vantage Influencers is a must-listen.

32. CIPD

The CIPD podcasts are a great way to stay up to date on the latest HR news and trends. Each episode is packed with information and insights from leading experts in the field. You can stream the podcasts online, or download them to your computer for later listening. Best of all, the podcasts are free to subscribe to via iTunes.

CIPD is the HR and people development professional organization that helps to bring benefits to every business. Its goal is to improve individuals, businesses, economies, and society by developing people and organizational development processes with a single podcast and is also accountable for the safety and welfare of factory workers.

33. XpertHR Podcast

In this weekly/monthly podcast, the creators of XpertHR, the UK’s premier online HR resource, provide essential employment law advice and HR best practice. In each episode, the expert panel discusses the latest developments in employment law and HR, and offers practical advice on how to deal with everyday HR challenges. Whether you’re an HR professional or a business owner, this podcast is a must-listen for anyone who wants to stay up to date with the latest employment law and HR best practices. 

34. The HR Huddle

The HR Huddle podcast is an epic resource for all things relating to human resources from providing diversity and inclusion solutions to technology issues impacting the industry and helping listeners navigate the interesting stories that might be part of your working lives. With guests discussing topics ranging from how to deal with difficult clients, to how not to lose your lunch while seeking help, or even just remembering where you put it in the first place.

best hr podcasts uk

35. Talent culture 

In the Talent culture podcast, host Meghan M Biro talks about jobs and how it has been changing over the years. Her show covers any up-to-date news from experts who are involved with speaking on recruitment trends and all things related to human resources.  

36. The RecTech

Hosted by Chris Russell, an online recruiting mad scientist, The RecTech Podcast covers all aspects of recruiting technology and recruitment marketing. Some episodes include interesting new tools & vendors that you should know about. Other times, they’ll cover how recruiters leverage technology to find talent & manage them for the betterment of an organization. This podcast is a great listen for HR tech vendors because it’ll help you stay informed about the ever-changing world of online recruitment. Moreover, HR professionals and recruiters interested in learning how to make their organizations more effective through technology will find this useful.

37. The Better HR Business

The Better HR Business Marketing podcast is the perfect resource for HR consultants and HR tech firms looking to grow their businesses. The podcast features interviews with some of the top minds in the industry, discussing everything from business growth strategies to the latest HR technologies. Therefore, if you’re just getting started in the HR industry or you’re looking for ways to take your business to the next level, the HR Business Marketing Podcast is a must-listen. 

38. HR Data Labs Podcast

The HR Data Labs Podcast is a great resource for HR professionals looking to stay up-to-date on the latest data and analytics trends. In each episode, host Tim Sackett interviews leading HR data experts to get their insights on topics such as workforce planning, employee retention, and diversity & inclusion. If you’re looking to stay on the cutting edge of HR data and analytics, the HR Data Labs Podcast is a must-listen.

HR Data professionals who want to learn about HR data and analytics from innovators and experts from all around the globe should listen to this podcast.  

39. YOUNG BLK HR 

YNG BLK HR is a content curation platform that uplifts the voices of BIPOC (Black and Indigenous People of Color) and Ally professionals. This platform was created to provide a space for underrepresented voices in the HR industry to be heard and to create a more inclusive industry. YNG BLK HR curates content from a variety of sources, including blogs, articles, podcasts, and videos. The platform also hosts events and webinars to further amplify the voices of BIPOC and Ally professionals. 

Also Read: 10 HR Events (Virtual And In-Person) Not To Be Missed This Year

40. HR Superstars

This latest podcast from 15Five highlighting stories and advice from the frontlines of People Ops is now available. In this episode, the hosts speak with HR leaders from some of the world’s top companies about the challenges and opportunities they’re facing in today’s business environment. Moreover, they offer great advice from the frontlines of People Ops on how to navigate these challenges and make the most of the opportunities. If you’re an HR leader looking for some inspiration and practical advice, be sure to check out this podcast.

41. So You Want To Work In HR

If you’re a current or aspiring HR professional, this podcast is for you! Ricky Woods, a credentialed HR professional, interviews HR thought leaders and professionals from all functions within HR. They take the common HR questions and make them easier to understand. 

42. Employee Cycle

The Employee Cycle HR Podcast is a weekly podcast that covers all things HR. From the latest news and trends to interviews with industry experts, this podcast is essential for anyone in the HR field. In each episode, host Mark Suster covers a different topic, giving listeners the latest information and insights on everything from employee retention to compensation and benefits. With over 100 episodes to choose from, the Employee Cycle HR Podcast is the perfect way to stay up-to-date on all things HR.

43. HR Break Room Paycom Podcast

The HR Break Room Paycom Podcast is a great way to stay up-to-date on all things HR. From tips and tricks to the latest news and information, this podcast has it all. Plus, it’s a great way to get to know the Paycom team. Tune in today and see what all the fuss is about!

44. Networks Presents | Who’s Who in HR

Who’s Who in HR is a new series from Networks that profiles the top HR professionals in the country. They profile a different HR leader and explore their career journey, motivations, and advice for other HR professionals. This series is designed to provide insights and inspiration for HR professionals at all stages of their careers. 

45. HR Exchange Network

This podcast covers talent management, HR news, corporate learning, employee engagement, recruiting, HR Tech, succession planning, and HR conferences through a network of renowned HR executives.

46. HR Works: The Podcast for Human Resources

HR Works is a series of interviews with seasoned HR practitioners and experts on vital industry concerns conducted by HR Works. You’ll get quick and practical advice on various issues, from promoting employee diversity to managing a dispersed workforce.

47. Hiring Success Podcast

The Hiring Success Podcast is a great resource for employers looking to improve their hiring process. The podcast features interviews with hiring experts worldwide, and each episode is packed with useful tips and advice.

48. Humans of HR 

The Humans of HR podcast is part of the Leapgen NOW of Work network. It’s a conversation about all things HR and the future of work. They keep it real, raw, and refreshing. They’re not afraid to ask questions or go where others won’t. They’re real people, having real conversations about real topics covering themes like HR technology, talent management, future of work, and diversity and inclusion.

49. 21st Century HR 

The 21st Century HR podcast is a must-listen for anyone interested in building a people-centric business. In each episode, host Lars Schmidt spotlights progressive leaders in the field of HR and explores how they’re reshaping the field. You’ll hear the journeys of everyone from CHROs to Chief People Officers to Heads of Talent, and more. This podcast is an invaluable resource for anyone looking to stay ahead of the curve in the world of HR. 

50. Human Capital Innovations Podcast

This podcast presents and discusses their original research and investigates the latest industry reports and statistics. They also conduct interviews with key academic and commercial leaders worldwide. You can join them for creative practitioner-oriented programming and debates on leadership, human resources, organizational development and transformation, and social impact.

Conclusion

We hope you found this blog helpful! We’ve tried to include a variety of top HR podcasts, blogs, and YouTube channels. Moreover, we hope you will find this list as a resource to grow your knowledge on the subject of HR.


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Importance of Training And Development: 12 Benefits

Investing in employee training and development is vital for a business’s lasting success. Studies, like LinkedIn’s 2019 Workforce Learning Report, reveal that 94% of employees are likely to stay longer with a company that supports their career growth. These training programs not only boost sales and profitability but also enhance employee engagement, contributing to overall financial success.

In today’s competitive landscape, ongoing improvement through training is a must for organizational success. Employee development programs are no longer just for top executives; they’re essential for your organization’s prosperity and the well-being of your employees. This blog explores why employee training and development programs are significant and how they benefit both your company and its workforce.

Watch this insightful video to learn why investing in your team’s growth is crucial for organizational success.

What is Training and Development?

Companies benefit greatly from investing in employee training and development. It helps improve how employees work, encourages new ideas, and helps the company reach its goals. Offering continuous learning opportunities boosts employee engagement, reduces absenteeism, and leads to higher productivity and profits.

In simpler terms, employee development and training mean putting time and resources into helping employees grow. This not only benefits the employees by making them experts in their roles, but also helps the company as a whole.

A corporate training and development program, thus, eventually helps an organization increase employee productivity and performance in their current job roles.

Importance of Training and Development

Employee training and development initiatives play a crucial role in elevating job satisfaction, increasing productivity, and fostering enhanced employee retention. By providing opportunities for learning and growth, organizations empower their workforce with fresh skills and knowledge, paving the way for career advancement within the company.

1. Addressing Performance Gaps

It is common for individual employees to encounter challenges in certain areas of their performance. Implementing training and development can effectively address and iron out these shortcomings, leading to improved overall performance. By identifying specific areas that need improvement, organizations can tailor training sessions to meet employees‘ individual needs, resulting in a more skilled and competent workforce.

2. Optimizing Workforce Potential

Regular training and development programs empower employees to strengthen their weaknesses and acquire new skills and knowledge. As a result, their overall performance is optimized, benefiting both the employees and the organization. Skill development not only enhances individual capabilities but also enhances the collective proficiency of the entire workforce, leading to increased productivity and efficiency.

3. Ensure Employee Satisfaction

A strategic investment in employee development and training fosters a sense of contentment among employees. When employees feel that their organization is committed to their growth and professional development, they are more engaged and motivated in their roles. However, for the program to be effective, it must be tailored to the specific needs of the employees, ensuring that the gained knowledge can be readily applied in the workplace.

4. Enhancing Organizational Productivity

In today’s rapidly changing marketplace, an organization’s productivity heavily relies on the skillset of its employees. Training and development programs enable employees to stay updated and acquire new competencies, thereby positively impacting the organization’s productivity. By providing employees with the necessary tools and knowledge, businesses can enhance their ability to adapt to evolving challenges and demands in the marketplace, staying ahead of the competition.

Also Read: 8 Tips To Improve Your Productivity In The Workplace

5. Cultivating Self-Motivated Employees 

Participating in comprehensive training and development sessions empowers employees to handle workplace challenges independently, reducing their reliance on constant supervision and guidance. This self-motivation cultivated through training enhances individual and team performance, contributing to a more efficient and self-sufficient workforce. Moreover, self-motivated employees often exhibit a proactive approach toward their roles, seeking continuous improvement and taking the initiative to contribute positively to the organization’s goals.

Benefits of Training and Development

employers when diligently and regularly implemented for their employees. A consistent training program can bring various benefits to an organization in several ways.

1. Enhanced Performance 

When employees receive regular training, it not only enhances their job skills and knowledge but also boosts their confidence in applying their talents. As a result, their performance improves, enabling them to function with increased effectiveness and productivity in the workplace. This cycle of continuous learning fosters a skilled and motivated workforce that contributes to the overall success of the organization.

2. Standardized Processes 

When employees in a workplace get training, it aids in the standardization of work processes. Thus, employees can adapt and apply the same practices at the workplace that they have learned during the training session. Additionally, standardized work processes foster a cohesive and efficient work environment, leading to improved collaboration and better overall outcomes for the organization.

3. Organizational Growth 

A well-organized training system not only facilitates systematic and methodical learning for employees but also encourages a proactive and confident approach to acquiring new skills and knowledge, fostering a culture of continuous improvement within the organization.

4. Policy Awareness 

A strong training program will always assist employees in becoming familiar with the values, ethics, policies, visions, and missions of their company. By aligning employees with the company’s values, ethics, policies, visions, and missions, a robust training program cultivates a sense of purpose and commitment among employees, leading to increased engagement and loyalty towards the organization.

5. Improved Client Satisfaction 

When an organization’s employees get regular training, their job abilities enhance and they perform more professionally and effectively. Customers will notice the difference in service quality, which will positively impact their perception of the company. In turn, improved customer satisfaction and positive word-of-mouth referrals can lead to increased customer loyalty and a stronger market position for the organization. As employees’ skills and expertise grow through regular training, the company gains a competitive edge, further driving its growth and success in the marketplace.

6. Adopting Advanced Technologies 

With the rapid advancement of technology across all sectors, exposing employees to new practices in advanced technology would help an organization improve its efficiency and production. As a result, the organization becomes more adaptable to modern challenges, stays ahead of the competition, and fosters a culture of innovation, leading to long-term growth and sustainability.

7. Competitive Edge 

Today’s corporate world is constantly changing thanks to technological advancements, industry trends, and innovation. To remain ahead of the competition, you must understand the crucial nature of employee training. 

When you have effective employee development and training measures in place, your employees will be more equipped to adapt to change, providing your organization with a much-needed competitive edge.

8. Development of Future Leaders 

Acquiring skilled leadership may begin with the new talent acquisition or with the selection of existing employees for a leadership role. By establishing leadership development programs, an organization may not have to look out for candidates outside the organization, as they may train the right talent to assume a leadership role.

9. Employee Retention 

Employers have continual challenges in recruiting and retaining talent, yet one method to retain employees is to provide a professional development program. Development programs instill a sense of worth in employees, encourage loyalty, and eventually enhance employee retention. Owing to all these reasons, investing in your employees’ professional development is essential for employee retention.

10. Career Advancement 

There are several benefits of a training and development program in a company. One of the most significant advantages of training employees is that certain employees can be trained to assume higher responsibilities. Fulfilling the responsibilities can lead to the promotion of the candidates. 

This is a cost-effective approach since recruiting fresh people is costly. Additionally, existing employees are familiar with the organization’s processes and work culture, which makes them a perfect match for higher roles and responsibilities.

11. Better Employee Engagement 

Regular development activities may help to keep employees engaged, while frequent training programs can ensure that employees, abilities, and practices are evaluated regularly. Managers may proactively build focused development programs that address any possible skill shortages by assessing a team’s existing skills and capabilities.

12. Accountability And Trust

Training programs may assist individuals who are advancing in their careers and taking on additional responsibilities within a company. They will be able to develop the necessary skills to succeed at their new jobs through these programs. For instance, they may get training in leadership skills or the usage of specialized software in their new post.

Learning and Development

Unlocking Employee Potential with Engagedly LXP

Organizations across industries are embracing Engagedly LXP to elevate their training and development initiatives. As a leading Talent Management Platform, Engagedly has become the go-to solution for businesses seeking to enhance employee skills, foster professional growth, and drive organizational success. Below are some of the features that make Engagedly a powerful asset for employee development:

1. Personalized Learning Paths

Engagedly LXP offers a personalized approach to learning, allowing employees to follow tailored learning paths based on their roles, aspirations, and skill gaps. This personalized touch ensures that training is relevant, engaging, and directly applicable to individual career trajectories.

2. Rich Content Library

With an extensive content library, Engagedly LXP provides a diverse range of learning resources, from industry-specific courses to leadership development modules. This wealth of content ensures that employees have access to up-to-date information and can choose learning materials that align with their learning preferences and objectives.

3. Interactive Learning Modules

Engagedly LXP goes beyond traditional training methods by incorporating interactive learning modules. These modules utilize multimedia elements, quizzes, and real-world scenarios to create an immersive learning experience. This not only enhances comprehension but also makes the learning process enjoyable and memorable.

4. Progress Tracking and Analytics

Keeping tabs on employee progress is made seamless with Engagedly LXP’s robust tracking and analytics features. Organizations can monitor individual and collective progress, identify areas of strength and improvement, and make data-driven decisions to optimize training initiatives continually.

5. Adaptive Learning Paths

Engagedly LXP leverages adaptive learning technology, ensuring that training evolves with the employee’s progress. This feature tailors subsequent learning modules based on an individual’s proficiency, optimizing the learning journey for each employee.

6. Mobile Accessibility

Recognizing the need for flexibility, Engagedly LXP is designed with mobile accessibility in mind. Employees can engage in learning activities anytime, anywhere, ensuring that training is not confined to the office space and fits seamlessly into their schedules.

Conclusion 

Recognizing the importance of training, organizations gain significant advantages from strategic investments in successful training and development programs. Simultaneously, employees experience meaningful benefits. Employers reap the outcomes of having motivated, devoted, and engaged staff, while employees find value in being associated with an organization that prioritizes their growth and well-being. This symbiotic relationship not only fosters a productive work environment but also contributes positively to the company’s overall success.

Engagedly’s all-in-one human resource management software includes several modules, one of which is dedicated to employee training, learning, and development. The solution offers a host of functionalities so that you can plan, schedule, and execute training and development programs when required.

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