Appraising your subordinates is a very crucial task! More than a task, it's a big responsibility!
So how are you going to handle this responsibility?
Yearly performance appraisals of your employees &/or subordinates is a very critical task! A bad appraisal is surely going to demotivate your subordinates, if not lose them!
Appraisal is a very important activity. But I believe a very few really know how to appraise the members of their Team or the Organization!
So this is a small effort to throw some light on the issue!
[Note: First-Letters of some words, without they being the first word of the sentence, are intentionally capitalized to highlight the importance. English-Language-Purists, please excuse me for unintentionally annoying you.]
So how are you going to handle this responsibility?
Yearly performance appraisals of your employees &/or subordinates is a very critical task! A bad appraisal is surely going to demotivate your subordinates, if not lose them!
Appraisal is a very important activity. But I believe a very few really know how to appraise the members of their Team or the Organization!
So this is a small effort to throw some light on the issue!
1. Do NOT wait for a complete year to give a feedback!
- It seems like people wait for a complete year, waiting for the Appraisal-Meeting to give a feedback to their subordinates!
- Why wait for a year to give a feedback, either positive or negative?
- Rather keep giving Real-Time feedback to see the Real-Time improvements!
- How does it make sense to appreciate them for the complete year, to keep them motivated to get your tasks done, and then painting a gloomy, negative picture of their performance and achievements, in the Appraisal-Meeting?
- Why appraisal meetings need to be stressful and filled with negative feedbacks?
2. "Paying Less" can never be a Target!
- Though it is never explicitly mentioned, "Employees earn a small share of what Revenue they generate for the company!"
- So, finding faults and reasons to give smaller increments should never be a target!
- Rather helping your people to keep increasing the revenue so that they keep earning more & more, has to be the real goal!
- People producing more and in turn, earning more, is the target, and NOT, paying them less is the target!
3. Employees are NOT your Cost-Centers!
- Your employees are NOT your Cost-Centers! Rather they are your Profit-Generating Resources!
- Saving on the Costs is NOT as much important as important is growing the Revenues and the Profits!
4. Employees are NOT your Servants!
- Employees are NOT your servants!
- Employees are your Business-Partners, your Growth-Engines! They earn revenue for you!
- By means of the Employment, nobody's doing any favor to anyone! It's a plain, simple Business Dealing!
- The Employer provides the Infrastructure for the Employees to work and earn Revenue for the Company!
- A share of the revenue is shared with them, as a Salary!
- Knowledge-Workers are Independent-Entrepreneurs!
- Their knowledge and skill-set is highly portable!
- Treat and nurture your employees, as Independent-Entrepreneurs of individual sections!
- The dependent sections, which consume their output, become their Immediate-Customers!
- Teach them to Earn, rather than simply being paid!
5. Every Employee is an Entrepreneur, who earns for the Company!
- One Pig is a Pig! But 5 Pigs too remain a group of Pigs; they, 5 together, don't become a Lion!
- Likewise, all clerks together will still be the clerks! All software-programmers together will still be the software-programmers!
- So make every employee an Entrepreneur, and now you have so many entrepreneurs, working together, to form a Synergy of a Group of Capable Entrepreneurs, who can take the company to the next level!
- Such a Group of Complementing-Entrepreneurs will be the most difficult group to compete against, in the market-place!
6. Self-Service Appraisals!
- Appraisals should be so Transparent and Processized that every employee should be able to calculate their own Salary-Increment, in a Self-Service, DIY (Do-it-Yourself) model!
- With Metrics, those can be monitored (and controlled), every employee should be able to assess their Appraisal, on a Daily, Weekly, Monthly and Quarterly Basis!
- Appraisals should no more be surprises, leave alone being the resentments!
[Note: First-Letters of some words, without they being the first word of the sentence, are intentionally capitalized to highlight the importance. English-Language-Purists, please excuse me for unintentionally annoying you.]
No comments:
Post a Comment