How to implement OKRs. Steps towards your new Goal Setting Strategy

Making sure you get the most out of your staff members is an important part of running any successful organisation. This means promoting employee effectiveness and taking steps to help people improve themselves as well as the overall outcomes of the business going forward. A part of this is certainly regular performance reviews and ratings, but in order to achieve more for them and for the business, it’s important to go beyond that and make it a continuous process.

In recent years, employee recognition, engagement, and rewards programs have received a huge amount of attention. As the 21st century progresses and understanding of employee psychology improves, it is becoming clearer than ever that the happiness of a business’ employees may actually influence how the entire business is able to perform. 

Employee recognition and rewards are incredibly important area for businesses to develop. If you focus on improving this area, then you can look forward to the following benefits… 

Performance management forms an essential part of every organization. It’s the process by which employers and employees can work alongside one another in an attempt to assess the performance of an individual employee.

The benefit of this is clear: it allows managers to see how effective employees are, and how they can improve their contribution to the organization.

There are multiple things to consider with regards to providing performance feedback. Mainly; how do you give feedback to your employees? Then, on the other side of things, how does an employee provide feedback to their boss? Both of these questions - and more - will be answered as we progress through this post.