Organizations and individuals have capabilities and capacities. Capability is cultivated ability. Capacity is strictly a time constraint, but obviously due to the difference in capabilities, capacity cannot be generalized. A superstar can do something in 2 hours, while an average resource may take 20 hours for the same task. We are trying to answer the… Read more
If you’re in human resources, then you know having a well-established performance management system is invariably important for the wellbeing of your employees and your organization. It is an opportunity for the employee to meet with their manager and discuss how they have performed throughout the year. What is performance appraisal? Any systematic effort to… Read more
Finding it hard to write leadership performance reviews for your employees? Need some inspiration about what to write to help them to develop? You’re not alone, providing feedback for employees can be really tough, especially when you’re trying hard not to upset employees that are in need of a little improvement. But don’t worry, you’ve… Read more
If you break out in a cold sweat when you think about an upcoming employee performance review, you’re not alone. In fact, 60-90% of employees and managers alike dislike performance evaluations. However, they are – it seems – a necessary evil. Constructive feedback is an essential part of employee development, and companies who provide that… Read more
Performance management is a hotly debated topic in modern HR, and for good reason. After all, a good performance management system keeps employees happy and motivated, while ensuring companies retain the talent they need to generate a profit. Unfortunately, many companies are still stuck in the old way of thinking when it comes to performance… Read more
Hiring the best employees from the market can give you the capability you need to have a successful company– but it’s certainly not the only thing you need to do. To have a successful company, you need to have employees that start strong and continue strong, so they don’t burn out or grow resentful of… Read more
Supply chain management involves a chain of processes that enable value addition in the conversion of raw materials into finished goods. Discovered in Germany, the term ‘supply chain management’ hasn’t undergone many changes in its definition since the 1990s. It involves several channels, middlemen, processes, machinery, manual labour and net working capital which aid in… Read more
“I’m spending so much time and money on marketing, but I’m not getting sales. What am I doing wrong?” This is a common question most marketers and frustrated business owners ask themselves, especially if they have invested heavily in marketing programs and campaigns that were not successful in delivering returns on investments. Any form of… Read more
Insurance is an effective way of protecting valuables against unforeseen circumstances. Anything that you value needs an insurance cover so that you may not have to bear the burden of unexpected losses entirely upon your shoulders.The most important part of the insurer’s job lies in the assessment of risk and equating a definite monetary value… Read more
Organizations face the challenge of how to accurately assess and rank performance and implement an effective system for employee performance appraisals.The Bell Curve was applied in performance appraisals as a way of distinguishing elite performers from average performers, and further segregating below-par employees from the overall average. What is the bell curve? The Bell Curve… Read more
The performance appraisal process is an integral part of every organization. Performance reviews are designed to increase the productivity of a company’s employees through an engaged, constructive conversation. There is something that is much more scarce, something rarer than ability. It is the ability to recognise ability.Robert Half, Founder and President of Robert Half International… Read more
Organizations of all kinds need effective management frameworks to follow in order to best reach their individual goals. Management by Objectives is one such framework that aims to create a cohesive communication between all associates within a company, from the management to the employees. Most impossible goals can be met simply by breaking them down… Read more
