Business Management

If the thought of writing a performance review fills you with dread, you are definitely not alone. The Harvard Business School discusses the almost universal dislike for the process and asks if...

The Path-Goal model provides defined, measured and supportive leadership to workgroups using four variations of situational-based leadership principles.

Businesses, hospitals and government agencies often provide performance reports to the public. Performance reports compare performance attributes to annual objectives. Performance reports are...

An effective performance management program provides a set of guidelines and standards that aim to achieve the employee performance goals of your organization. Performance management also strives...

Assessing job performance is a process that is critical to ensuring that employees are performing at satisfactory levels. Additionally, this is important in coaching employees to higher levels of...

Performance appraisals are a management-evaluation process that provides feedback on employee performance. This evaluation and documentation of employee performance provides a basis for merit...

All managers inevitably face the difficult and often unpleasant task of correcting an underperforming employee. According to the U.S. Office of Personnel Management, effective communication is the...

Do you have a problem with employees not working to their full potential? The issue is especially apparent when previously hard working employees have become lackadaisical in their work. Perhaps...

The purpose of an enlisted performance evaluation is to accurately and truthfully describe the performance of an individual over a specific time period. Listing only accomplishments does not fully...

When training for performance management, the first step is to absolutely define what the job responsibilities are, as well as the goals of the training itself. Determine how to best train your...

Employee performance evaluations began to occur around the time of World War II in response to the employee-driven zeitgeist of the time. Their original purpose was to consider salary and wage...

Ask any manager if they like doing annual reviews or performance evaluations and the answer will almost always be "no." They can be time consuming to write and delivering the evaluation can be...

Performance gap analysis, often shortened to "gap analysis," examines particular aspects of business for problems and suggests solutions for these problems. It is a diagnosis-oriented analysis...

Evaluating employee job performance is one of the most important tasks in any manager’s job. Fairly evaluating employees means seeing the positive and negative in all, while ensuring that you...

Performance appraisals look to improve employee performance by measuring and analyzing an employee's job performance; this process should result in objective, reliable feedback that can be used to...

The balanced scorecard methodology has evolved since the early 1990s as a means of assessing overall business performance. It incorporates measures not only of financial results but also of...

A balanced scorecard is a set of summary metrics that together reflect overall business performance. To create a balanced scorecard, business leaders select metrics that address both input...

No one likes to be told she is doing things wrong. However, this is often a significant issue that comes up during performance appraisals. By using certain phrases, a manager can reduce the...

In running a business, you learn that your most valuable asset is your staff. Employee motivation and training is a high-volume industry as companies realize their staff's job performance directly...

Business success requires that employees constantly make decisions and take actions without asking for management approval. The effectiveness of the decisions made and the actions taken will...

The key purpose of a performance appraisal is to objectively measure what an employee does at work. A successful performance appraisal measures an employee's value to an organization and provides...

The coaching management style allows you to focus on coaching employees and providing opportunities for them to improve their skills, make informed decisions, solve problems and produce better...

Performance appraisals are systematic ways of measuring, reviewing and analyzing employee performance over a given period of time and using the information gathered to plan for the employee's...

Performance evaluations are meant to be an objective assessment of an employee's work performance based on established criteria. They act as an official record of performance and can establish the...

Performance appraisal is a method of evaluating the job performance of an employee. It is an ongoing process of obtaining, researching, analyzing and recording information about the worth of an...

Employees are a company's livelihood. How they feel about the work they are doing and the results received from that work directly impact an organization's performance and, ultimately, its...

Perhaps one of the simplest, and most misunderstood, management tools available is the key performance indicator. Frequently, the term "key performance indicator" is used incorrectly as a synonym...

Gap analysis is an easy and versatile tool that can be used by any business, regardless of size, location or industry. A type of brainstorming framework, gap analysis has the capability to...

Employee performance appraisals include details about how an employee conducted his or her job during the review period and how to improve performance in the future. These evaluations are often...

Business management methodologies such as Six Sigma and Total Quality Management (TQM) focus on understanding and improving processes. By focusing on process management and improvement, business...

Six Sigma is a systematic framework for managing business operations and improving processes and outcomes. It originated in the manufacturing sector but has expanded and is now commonly used...

Many companies conduct annual performance appraisals of their employees. They use them in conjunction with a review process that determines which employees will receive raises and promotions....

One of the reasons we offer recognition at work is to encourage employees to repeat positive actions. If the recognition is conducted publicly other employees see what behavior management rewards....

That yearly review sneaks up on you and your boss asks you to write your self assessment before he or she will give you their two cents on your performance for the year. You need to be prepared...

Performance management systems are a tool used by companies for developing and training their employees. Information about company positions, goals and compensation are disclosed to individuals so...

There are eight competencies that separate real managers from those who are managers in title only. The extent to which one competently performs these functions is the extent to which one can be...

According to Ventana Research's "Sales Forecasting and Demand Planning: Requirements for Financial and Operational Performance," most businesses today do not manage or plan business performance....

A major conundrum for managers is trying to figure how to improve employee performance. Traditionally, a manager’s instinct when someone is under performing is to point at the employee as the...

Performance measurement is a way for firms to focus on one set of goals by creating metrics to track process improvements. Performance measures should be specific, measurable, reliable, accurate...

After you delegate a task and give people time to work on it, it’s important to provide them with feedback so that they know how well they’re performing. Essentially, there are two kinds of...

A part of managing employees is to ensure that they are performing at a level that is productive for the organization. Some employees naturally perform well and some need a little guidance. An...

Performance appraisals take vastly different forms in different companies. But all are designed to accomplish the same key goals: fairly and accurately assessing employee performance and providing...

Conduct a gap analysis to compare actual performance with desired performance. This analysis technique first involves observing and documenting current activity. This establishes a benchmark,...

If you are a manager who wants to create a high-performance workplace, you should consider the following critical elements when delegating tasks. These elements fall under three categories:...

If the only dimension of performance we needed to be concerned with were the number of widgets produced each hour - without reference to how this was achieved (regarding waste of material impact...

A performance evaluation is a stressful time for an employee and a manager. It can also be an opportunity to discuss things the employee needs to do to further his or her career. There are many...

Performance reviews offer the opportunity for employment feedback that can potentially serve to improve the efficiency of any organization. An effective performance review will follow six steps...

Gap analysis is a business assessment tool and method that focuses on the gap between a company's current performance and desired performance. Gap analysis evaluates current, actual performance...

Performance contracting has been around for years. It started back in the 70's during the "energy crisis" and sort of died down. Until recently. With budgets at an all time low and...

No one likes to give an employee evaluation, but if you are in a position of power, then you don't have much choice. Just remember to be fair and understand that it is just as hard to get reviewed...