We work with owners, management teams, HR and L&D to help them with Strategic business aims; the setting of measurable objectives and targets, will not achieve progress without a means to ensure accountability for the delivery of those objectives and the use of effective tools to measure and pursue positive progress. The Performance Management Framework, coupled with strategic business aims, is the means to achieving a focus on continuous improvement and provides an open and transparent performance reporting system.
Precedo Ltd will provide consultation on the introduction of frameworks into organisations including design and delivery support where requested.
This will also be supported where requested and required by a review of operational processes; to link effectively role profiles, individual objective setting, behaviours, training needs and a long term succession planning strategy.
Retention - Keeping the right people is vital for the culture and growth of a business. Experience increases efficiency and reduces the cost of recruitment and re-training.
Performance Based conversations - A performance management process forces managers to discuss performance issues. It is this consistent coaching that affects changed behaviors.
Employee Development - If done well, a good performance management system can be a positive way to identify developmental opportunities and can be an important part of a succession planning process.
Encouragement to employee - Performance Appraisals (PA) should be a celebration of all the wonderful things an employee does over the course of a year and should be an encouragement to employee.
Rewards employee - If pay increases and/or bonuses are tied to the PA employee can see a direct correlation between performance and financial rewards.
Identifying underperformers - Effective PA can help identify and document under performers allowing for a smooth transition if the relationship needs to be terminated.
Documented history - It is very important that all organisations keep a performance record on all employees.
Employee growth - Motivated employees value structure, development and a plan for growth, an effective performance management system can help an employee reach their full potential and this is positive for both the employee and manager. A good manager takes pride in watching an employee grow and develop professionally.