Performance management systems – Why objectives are important

Performance management systems – Why objectives are important

Blog
It’s that time of the year: January, the month associated with setting new year’s resolutions on a personal level but also with setting organisational targets for many businesses.  It’s the first month of the year when company missions are usually revisited and the performance bar has been raised after the previous year’s profit and loss accounts have been calculated.  These new annual organisational targets need to be communicated to all employees and cascaded down to each department.  Then they need to be translated as personal objectives for each individual that plays a role in achieving results for the company in such a way that each person can relate to them. A number of years ago, I experienced first-hand a very poorly conducted appraisal system.  I had not been given specific…
Read More