Insights from Engagedly’s State of AI in HRM, 2nd Edition Survey.
Did you know that managers spend an average of 210 hours a year on performance discussions with their employees? Though performance review discussion is an integral part of every organization, almost everyone dreads them.
Do they have to be that scary? Well, not if you discuss just the right things with your employees during the review!
As managers, it is your responsibility to conduct performance discussions with your employees and provide them with a fair and accurate review.
It’s important to be prepared ahead of time, but it is equally important to bring up the right things during the performance discussions.
These discussions can result in strategic planning of workplace goals and objectives and help you set OKRs for your team easily. Moreover, asking the right things will help you locate bottlenecks in the process and may even lead to subtle things that can increase the team’s productivity.
This article will provide you with 7 things to bring up during performance reviews to get the most out of the discussions.
The purpose of a performance review discussion is to understand the performance of an employee in the core business areas. The responsibilities and actions performed by an employee in accomplishing the tasks and any other initiatives taken by them to drive the team and the organization towards their objectives.
It is important to understand the things to discuss during the performance review to make it streamlined and employee-centered. The below points will help you in making your next review meeting more strategized and focused on the employee’s improvement.
It is important to understand the subtleties of performance reviews to make it streamlined and employee-centered. Here is the list of 7 things you must cover in every performance discussion to let your employees have a fair and accurate understanding of their performance.
Always remember to acknowledge the good work that your employees do or find something good about your direct reports to talk about in a performance review meeting. They need to understand that you are monitoring both the positive and negative aspects of their performance. Moreover, this helps you make them feel comfortable with the conversation.
A leader always lets people know about their shortcomings and shows them a way to improve themselves. It is very important for you as a manager to recognize and talk about your employees’ gaps in knowledge. This helps them understand what is expected of them and evaluate themselves better.
There are many things other than just the knowledge gap that result in a lack of performance. As a manager, you should let your team members know what could be changed about their current performance and where they need improvement. A performance review meeting should be a place where you both communicate and plan where you could improve as individuals and as a team to improve your performance.
Sometimes, it is important to listen to your employees. They could have really valuable suggestions to give about how the team could function and contribute to organizational success. Also, asking for suggestions from your employees gives them a chance to participate and contribute to the organization actively.
As a manager, you should know the answer to these two questions about your employee.
According to HRM Canada, 85% of workers feel they could be more efficient at work, but because of skill underutilization, do not live up to their full potential!
Asking about their short-term goals makes you understand what they have planned for the current role in your organization helps you both stay on the same page concerning their goals and helps you utilize their skills and potential to the fullest. Asking them about their long-term goals will help you understand what they expect from their current job and how they would be able to adjust to the changing trends in your industry.
Research from the University of Cambridge tells us that employees find more success in their roles when they’re given clear expectations. Utilize your performance review meeting to clarify the role of your employees in the organization and set specific goals for them.
Once you clarify your employee’s role in the organization, it is important to make a performance improvement plan for them. This doesn’t imply that their past performance wasn’t good enough, you can always aim to improve your future performance. So use this performance review meeting to come up with a proper performance plan and set OKRs for your employees!
Performance reviews often fall short of their potential, bogged down by formality and one-sided feedback. This can lead to missed opportunities for development and hinder organizational progress. Engagedly’s performance review module aims to bridge this gap, facilitating effective dialogue, data-driven insights, and actionable outcomes to empower both individuals and organizations.
Engagedly’s performance review module is not just a checklist; it’s a catalyst for meaningful dialogue, actionable insights, and continuous improvement. Transforming performance reviews into productive conversations that drive growth, unlocks the potential of both individuals and organizations, paving the way for a thriving future.
A performance discussion is an integral part of an organization. It helps in finding potential employees and providing them with the right opportunities and skills to excel in their careers. Additionally, managers can also provide constructive feedback to employees whose performance is not on par with the standards. By inculcating the review meeting points discussed in this article, you can make the process clear, actionable, and employee-centered. You can use these performance review topics during your annual, quarterly, or biannual performance review discussion.
Srikant Chellappa is the Co-Founder and CEO at Engagedly and is a passionate entrepreneur and people leader. He is an author, producer/director of 6 feature films, a music album with his band Manchester Underground, and is the host of The People Strategy Leaders Podcast. He is currently working on his next book, Ikigai at the Workplace, which is slated for release in the fall of 2024.
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