So Your Performance Management Strategy Failed. What To Do Next?

by Srikant Chellappa Mar 18,2016

The People Strategy Leaders Podcast

with Srikant Chellappa, CEO

At the beginning of the year you devised some killer performance management strategies. At least on paper they seemed unshakable and looked like they would change the course of your organization.

Fast-forward to the end of the year. You realize with some regret and horror that despite your best efforts, your performance management strategies failed hard. Before you fall into a deep funk, stop.

Performance management strategies fail all the time. You are not alone, despite how you feel about it. Instead of slashing your whole plan for the next year and trying something completely new, it’s time for you to put on your thinking cap and evaluate.

1. Where did you go wrong?

Take a long hard look at your plan and the end results of the plan. What did you plan for and what did you achieve? Recognizing where you have gone wrong is crucial to your next performance management strategy. You do not want to make the same mistake next year.

2. What worked?

There must have been at least a few aspects of your plan that worked. Make a note of those things. These are probably things that you can tweak and re-use in your performance management strategy for the next year.

3. Can your plan be salvaged?

This really depends on the extent of the failure of your plan. If your plan failed spectacularly, then it might be prudent to bin that plan completely. If there were a few parts of your plan that worked, keep those aspects of it and work on the others parts of it, salvaging what you can.

Interested in knowing how Engagedly can help you with the performance management process?

Request a demo to find out!

Srikant Chellappa
CEO & Co-Founder of Engagedly

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.

Privacy Preference Center