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Nowadays, the performance assessment meeting represents a common practice that is, no longer, an uncomfortable event for either the employer, or the employee. Now that each party is familiar with this activity, the next arising matter regards how often should it be conducted? The frequency rate must take into consideration aspects that will enhance employee performance and also favor company and leaders’ resources.
One man’s happiness is another man’s sorrow represents, by no means, the word of law in the business environment but it is, however part of the present, unforgiving reality. Basically, it translates into profit by all means. Is this a viable strategic decision? Perhaps, for a limited period of time. Ultimately, the consequences of such decisions will strike back and kneel any organization, regardless of its size. Cases such as the 2001 Enron scandal and its collapse have drawn attention to an important trend in management, namely ethical leadership.
Applied performance management sub- processes, tools and techniques within an organizational environment are a powerful driver for business development. However, it is not enough to operate randomly with these tools, they have to be aligned and integrated within a performance management system. When such aspect is not a priority in performance management inputs, outputs and outcomes will aim for different goals.
When a class of kindergarten children was asked to think of new uses for a paper clip, 98% of them came up with so many new ideas that they were ranked as geniuses on the creativity scale. When the same children were tested again, five years later, only 50% of them scored genius levels. Another five years and that level fell even further. It is, thus, obvious, that the standardized educational process we go through gradually relinquishes us of our creative abilities, as Sir Ken Robinson, esteemed educationalist, the coordinator of the study, concluded. Nonetheless, over 1,500 CEOs, included in an IBM survey, isolated creativity as the number one characteristic a future leader must possess in order to surface the business world of today.
We live in the era when companies are getting bigger day by day and when bosses expect their employees to complete greater volumes of work in ever more restrictive timeframes. Efficiently managing all the tasks while also trying to please all team leaders and/ or colleagues can be frustrating.
The question then stands: Which task is more important? Especially when your team leaders ask you to prioritize one task before of another. This scenario offers 2 possible options:
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