Performance Management Consulting

Best Practices for Effective Performance Management

A crucial component of success for any organization is to help employees reach their full potential. Companies should take a critical look at their performance management practices to ensure they are effective, aligned with business objectives, and that they provide managers with the right tools to coach and maximize team performance.

USI assists clients with establishing the organization’s optimal performance management process. This includes:

• Determining the appropriate methods for performance evaluation
  • Real-time conversations and feedback
  • Individual and teamwork/collaboration
  • Coaching/mentoring
  • Rewards based on results
• Evaluating current processes against best practices
  • Performance appraisal timeline
  • Goal setting
  • Competency modeling
  • Scoring and success indicators
• Developing or revising the performance management process
• Providing training, change management expertise, and communications tools

Effective performance management systems depend on managers who are trained to support employees through effective feedback. All employees need to understand the tools available to help them manage their own career growth. A strong implementation plan delivers training and well-timed communications to support the entire process.

Manage your business and HR needs and improve costs and control with USI’s performance management consulting solutions. Contact your local USI office or email compensation@usi.com today.