It is no lie that when many managers think of performance management the first thing that springs to mind is extra work for little gain. However, whilst performance management may seem like an additional task, an effective performance management system will benefit an organisation in the long run.
Performance management can help organisations to increase:
- Employee retention
- Team and leadership productivity
- Team engagement
- The streamlining of the organisation’s finances
- Alignment and connection between leaders and their teams
Performance management is a sure-fire way to measure the productivity and progress within an organisation of any size and it shouldn’t be seen as more paperwork, but a chance for teams and their leaders to have an open and honest channel of communication. Whilst, traditional satisfaction surveys and end of year reviews are popular, they focus solely on individuals and aren’t always the best way to fully understand the inner workings of a team and, therefore, where the organisation stands against its goals. Whilst these kinds of measurement tools focus solely on the individual, the PCS tool focuses on the organisation as a whole, measuring at every level – individual, team and organisation
The PCS tool is based on over 30 years of research into high performing teams and focuses on driving productivity, improving team climate and demonstrating the value of each individual within an organisation.
Employee turnover is one of the biggest challenges that organisations can face, so it’s vital that you demonstrate that you understand the importance of the individuals within your company. Whether they are a leader defining company strategy, a manager responsible for overseeing it, or the team who execute the deliverables, they must all feel appreciated in order for a business to prosper. Sadly, many organisations continue to do themselves a disservice by not acknowledging their people – losing money in the process.
Through anonymous surveys, the PCS tool allows organisations to demonstrate the value of their staff. By uncovering data from both leaders and the individuals within the team, PCS highlights any gaps in perception and provides tangible data for areas that are performing well and those that need focus and improvement. From here, managers can act on this data, improve productivity and, in turn, company climate.
When implemented well, the PCS acts as a dashboard for an organisation, helping to predict peaks and troughs in its output and climate. In providing early warning signs, the PCS tool allows managers to make adjustments within their teams and to their management style to avoid unnecessary costs.
To find out more about the PCS tool and the impact it can have on your performance management process, call: 01395 262 231, or email: firstname.lastname@example.org