Versity (latin origin):
To adapt, to change, to grow, to be versatile
Performance Management
Three of the biggest challenges we see in organizations are:
- A lack of goal alignment throughout the organization
- A lack of focus on key goals and accountabilities, and
- A lack of follow through or accountability.
A strong performance management system ensures that every individual and team is focused on achieving the organization’s strategic goals; the goals are prioritized to ensure that employees are focused on only those objectives that will lead to the most meaningful and important results; and individuals and teams are held accountable for achieving the results they committed to.
VERSITY builds custom performance management systems that will create alignment throughout your organization (or we can audit and modify an existing system).
The Results:
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- Your strategic plan is clear and well understood by all levels of leadership
- Your strategic plan is translated into meaningful company-wide objectives
- All departmental and individual objectives are aligned with your company wide objectives
- All objectives are SMART+Q and individual accountability is assigned
- A process for ongoing and regular feedback is established
- All leaders are highly skilled in giving and receiving feedback and coaching
- The appropriate performance planning and review processes and tools are developed - keeping the KISS principle in mind
- There is a close link between your performance management and your reward and recognition system
- Your performance management system is integrated into training and development, recruitment and selection, succession planning, etc
- You have a process in place to measure the effectiveness of your performance management system to ensure you are getting the value from it that your employees and customers deserve
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