{"id":24455,"date":"2016-05-25T15:39:32","date_gmt":"2016-05-25T22:39:32","guid":{"rendered":"http:\/\/www.questionpro.com\/blog\/?p=24455"},"modified":"2023-04-18T06:06:31","modified_gmt":"2023-04-18T06:06:31","slug":"better-performance-management","status":"publish","type":"post","link":"https:\/\/www.questionpro.com\/blog\/better-performance-management\/","title":{"rendered":"The Secret to Better Performance Management &#8211; Upcoming Webinar"},"content":{"rendered":"<p>On June 8th, 11am PST <a href=\"http:\/\/www.workxo.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">WorkXO<\/a> and QuestionPro Workforce are doing a webinar on better performance management &#8211;<\/p>\n<h3><a href=\"https:\/\/www.questionpro.com\/webinar\/the-secret-to-better-performance-management.html\" target=\"_blank\" rel=\"noopener noreferrer\">The Secret to Better Performance Management<\/a><\/h3>\n<p class=\"p1\"><span class=\"s1\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-24456\" src=\"https:\/\/www.questionpro.com\/blog\/wp-content\/uploads\/2016\/05\/bigstock-Giving-A-Praise-77111393-3.jpg\" alt=\"The Secret to Better Performance Management - Upcoming Webinar\" width=\"361\" height=\"240\" \/>The speakers will explore:<\/span><\/p>\n<ul class=\"ul1\">\n<li class=\"li1\"><span class=\"s1\">Why culture is at the heart of better performance management<\/span><\/li>\n<li class=\"li1\"><span class=\"s1\">The correct role for compensation in performance reviews<\/span><\/li>\n<li class=\"li1\"><span class=\"s1\">Why customization wins over consistent systems<\/span><\/li>\n<li class=\"li1\"><span class=\"s1\">What Millennials expect out of all this<\/span><\/li>\n<\/ul>\n<p>In this blog post I would like to briefly introduce you to the this webinar topic.\u00a0<!--more--><\/p>\n<h3>Better Performance Reviews<\/h3>\n<p>Everyone hates performance reviews. Articles in HBR, the New York Times, and the Wall Street Journal over the years have derided them. Big companies are ditching them left and right. One post on Forbes.com said they should be \u201cdestroyed like blood-sucking vampires.\u201d<\/p>\n<p>Ouch.<\/p>\n<p>But guess what? We still do them! Most of us anyway. It\u2019s like we\u2019re addicted. We know it\u2019s bad for us, but we line up every year for another dose. The reason we do this, of course, is that underlying the annoying process are some really important principles:<\/p>\n<ul>\n<li>People who perform better should be rewarded for that<\/li>\n<li>Improving individual performance will improve the overall system performance<\/li>\n<li>Having your people learn, grow, and develop on an ongoing basis is a good thing.<\/li>\n<\/ul>\n<p>Yes, those are important. The problem is, that once-a-year performance management system is a really poor solution to do all of those things. We need to blow it up so we can address those important principles more effectively. Here are some tips to get you started.<\/p>\n<h3>Separate out the financial piece.<\/h3>\n<p>Sorry folks, but as soon as your performance review system becomes about who gets a 3% merit increase and who gets a 1% merit increase, the whole thing starts to suck, because people will game the system when they know money\u2019s on the line. That\u2019s what financial incentives do: they get you laser focused. So your people quickly figure out how to make sure they score all \u201c5s\u201d on the review so they get the money, which forces managers to impose those awful forced ranking systems to try and spread it out. And in the meantime, 95% of your people are getting 2% anyway, and you probably didn\u2019t really need a time-consuming system to justify why those few that got more or less\u2014it was obvious to everyone. Stop the game, because in the process you made it impossible for the performance management system to address those other goals of improving performance and supporting growth and development.<\/p>\n<h3>Focus on culture<\/h3>\n<p>Your culture should be carefully and intentionally designed to support the success of your enterprise. Culture is about what is valued inside your organization, and if what is valued drives performance, then you should be evaluating that in your performance reviews. Are your people behaving consistently with what your culture values. If not, they need coaching, and if they don\u2019t respond to the coaching, you should start talking severance packages. If you don\u2019t do this, then culture will start to lose its meaning. You can\u2019t say you have a culture that values certain things, but then tolerate the opposite from your people simply because they are higher up in the chain or deliver a lot of revenue. If you want a strong culture, it must be embedded in performance management.<\/p>\n<h3>Leverage Technology<\/h3>\n<p>Even the staunch supporters of performance reviews will admit that doing them only once per year is a bad idea. We\u2019ve been calling for \u201c<a href=\"https:\/\/www.questionpro.com\/blog\/continuous-feedback\/\">continuous feedback<\/a>\u201d for decades. And at the same time, there\u2019s this thing called the internet that has been developing for some time, and we all seem to be connected to it all the time. So why aren\u2019t we using that in our performance management systems? Why aren\u2019t we figuring out ways to get more constant feedback, connecting to mobile devices? Why aren\u2019t we connecting the systems we use for constant communication into our performance management? The tools are out there, so let\u2019s start using them.<\/p>\n<p>Join <a href=\"http:\/\/www.workxo.com\/about\" target=\"_blank\" rel=\"noopener noreferrer\">me and Charlie Judy<\/a>\u00a0to learn more about better performance management\u00a0<a href=\"https:\/\/www.questionpro.com\/webinar\/the-secret-to-better-performance-management.html\" target=\"_blank\" rel=\"noopener noreferrer\">in our upcoming webinar<\/a>!<\/p>\n<p>Hope to see you there!<\/p>\n<p style=\"text-align: center;\"><a class=\"square-cta secondary-lined-cta\" href=\"https:\/\/www.questionpro.com\/a\/showEntry.do?mode=workforce&amp;classID=1024&amp;sourceRef=blog-workforce\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Create a free account<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On June 8th, 11am PST WorkXO and QuestionPro Workforce are doing a webinar on better performance management &#8211; The Secret [&hellip;]<\/p>\n","protected":false},"author":76,"featured_media":24456,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[302,179],"tags":[422,272],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Secret to Better Performance Management - Upcoming Webinar | QuestionPro<\/title>\n<meta name=\"description\" content=\"Everyone hates performance reviews, yet we still do them. In our upcoming webinar learn tips for better performance management.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.questionpro.com\/blog\/better-performance-management\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Secret to Better Performance Management - Upcoming Webinar | QuestionPro\" \/>\n<meta property=\"og:description\" content=\"Everyone hates performance reviews, yet we still do them. 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