How can you align staff members and managers with corporate goals? What does it take to develop organizational strategies that produce results? Well, you need to focus on a vital aspect - performance management.
Good performance management practices help your managers and people work closely to plan, monitor, and review a staffer’s work goals and his role in the achievement of the company’s goals. They help organizations focus effectively on the outcomes of staffers’ behaviors and actions.
One of the key elements of a successful performance management initiative is effective training. According to a study by the Corporate Leadership Council, companies that provided good performance management training could reduce staff turnover by 50%. It also showed that the profits of these companies increased by 200%.
Many organizations are using e-learning to deliver training on performance management. Check out the presentation Performance Management Training through E-learning to gain valuable insights into the use of the online medium for performance management training. The presentation:
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