How You Could Manage Performance Better
We discussed in the first part of this process that all organizations need to manage the performance of their employees at all levels. And, at the individual contributor level, performance management is critical. That was the 'why.' Now let's discuss 'how.' Performance management is a process . It is often confused with the outcome -- a rating or narrative review used in conjunction with an organizational decision such as incentive pay or promotions, or, as a rationale for developmental/corrective/punitive actions. Thus, it is a high-stakes process with multiple potential consequences for both the individual and the organization. In many ways, performance management is like managing tree growth. As in the picture above, taking on a new hire -- a sapling -- means you need to find the right place for it, set it up for success, tend to it. And sometimes the performance management process means you remove longer-tenured trees that have lost their vitality or their role...