The start of a new year signifies an important planning phase for enterprises. Setting company goals, analyzing employee performance and reflecting on the past year’s successes are all part of this process. At BetterWorks, we know one thing that is on all enterprise leaders’ minds is how to improve employee engagement and performance, and ultimately, create a better, more productive workplace. With this considered, here are three performance management resolutions to try in 2016:
1. Give Employees More Feedback
Employees want more feedback from their leaders and 2016 is the perfect time to start giving them what they need. Chances are, workers have set their own professional development resolutions for the year ahead, and enterprises can ensure they are a part of those goals by coaching their staff to advance in their careers. Not only that, but data from OfficeVibe shows companies that implement regular employee feedback see 14.9 percent lower turnover rates, and 43 percent of highly engaged employees receive feedback at least once a week.
“Collaboration should be the name of the game in 2016.”
2. Empower Managers with the Right Tools
Businesses that want to achieve their goals in 2016 must be prepared to rely on excellent managers who will promote ongoing performance development™ for their teams. The reality is a good manager with the right tools to coach his or her workers has a better chance of driving achievement. Visual, data-driven, transparent goal setting and performance management software is one valuable tool enterprise leaders can reward their managers with this year.
3. Improve Alignment and Collaboration
Above all, teams and leaders need to be aligned and collaboration should be the name of the game in 2016. Not only do collaborative environments keep workers happy – Forbes cited data from the Intelligence Group that speaks to this fact – but when teams are aligned, organizations are more agile and able to accommodate new challenges and rapid growth. With goal setting software, both managers and employees can see how their individual objectives relate to company goals, and enterprises will be one step closer to fulfilling this resolution.