Your performance management X-Factor: Using EQ to bring a spark back into the workplace
Register for free on HR.com to listen: http://bit.ly/1I7NQKK or http://www.hr.com/stories/1430163942730
The reviews are in:
- “This was one of the best webinars I’ve attended in a long time. Very detailed – to the point and great examples!”
- “Great presentation. It was easy to follow and to stay engaged.”
- “This is one of the best presentation I have attended. Great background, great synthesis and ideas.”
Employees are more likely to leave managers than their organisations (Gallup), but they still leave the organisation that does not manage bad managers.
The traditional ways of managing Performance are broken. We complain about the ineffectiveness of our annual performance reviews; our staff and managers hate them and research shows that linking development to a merit pay system can often create productivity and retention issues. Business loses millions each year annually due to employee turnover and disengaged employees. According to the US Bureau of National Affairs, the cost of replacing talented/skilled employees runs to approximately 1.5 times annual salary. The ability to engage and retain valuable employees and their intrinsic knowledge has a significant impact on an organisation’s bottom line and effectiveness. What is often worse than losing talented employees is the disengaged employees that stay, turning up to work each day, doing the bare minimum and creating a toxic culture.
Employee Engagement is the extent to which employees are motivated to add to organisational success and are willing to apply their discretionary effort (spark) to meeting strategic goals.
Engagement research into the Performance Management x-factor shows that 4 key factors contribute directly to these levels:
- Relationship with manager
- Belief in leadership
- Pride in belonging
- Having a voice
These elements also directly impact Knowledge Management and innovation. A Knowledge Management system ensures we share what we learn (both good and bad) with our teams so they repeat the good, and learn how to overcome the bad. Giving our employees a voice and engaging them in the process of building a high performance teams leads to innovation and self-motivated teams.
Learn how the Performance Management x-factor tool will help you keep valuable talent, build an innovative high performance team and put the spark back in your organisation.
Key takeaways:
- The 4 keys to Employee Engagement and how they impact development and talent retention
- The power of an employee’s voice in innovation and knowledge management
- The power of Frogs and Flow in building high performance teams
- The power of appropriate recognition and reward
Who should listen: HR professionals, team leaders, managers and executives who want to effectively develop teams and retain talent.
Recommended Resources:
- 3 key Employee Engagement and Knowledge Management questions – http://www.oneclearmessage.co.za/3-key-employee-engagement-knowledge-management-questions/
- 4 key drivers of employee engagement – http://www.oneclearmessage.co.za/4-key-drivers-of-employee-engagement/
- 5 strategies to support Employee Engagement – http://www.oneclearmessage.co.za/5-strategies-to-support-employee-engagement/
- Creating a culture of innovation – http://www.oneclearmessage.co.za/creating-a-culture-of-innovation/
- Effective compensation strategy an essential in Employee Engagement – http://www.oneclearmessage.co.za/effective-compensation-strategy-essential-employee-engagement/
- Performance process to embed culture – http://www.oneclearmessage.co.za/performance-management-process-embed-culture/
- Why traditional Management of Performance is broken – http://www.oneclearmessage.co.za/why-traditional-performance-management-is-broken/
Further reading:
- 12: The Elements of Great Managing by Rodd Wagner & James K. Harter
- Employee Engagement 2.0: How to Motivate Your Team for High Performance by Kevin Kruse
- Flow: The Psychology of Optimal Experience by Mihaly Csikszentmihalyi
- Mindset: How You Can Fulfil Your Potential by Carol Dweck
- Positivity: Top-Notch Research Reveals the Upward Spiral That Will Change Your Life by Barbara Fredrickson
- Start With Why: How Great Leaders Inspire Everyone To Take Action by Simon Sinek
- The Bright Idea Box: A Proven System to Drive Employee Engagement and Innovation by Jag Randhawa
- The Culture Engine: A Framework for Driving Results, Inspiring Your Employees, and Transforming Your Workplace by S. Chris Edmonds
- The Seven Principles for Making Marriage Work: A Practical Guide from the Country’s Foremost Relationship Expert by John M. Gottman and Nan Silver
webcast link: Your performance management X-Factor – 28 May 5pm (GMT +2)
Richard Riche
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