In a perfect work-world managers would provide their direct reports continual feedback. Employee feedback is key today because of the rapid changes occurring in organizations necessitating that employees continually upgrade their skills. And annual conversations do not meet this need.
However, many managers struggle with this need for ongoing coaching because of the demands on their time, and some lack the techniques that are required. Employees used to expect to work for a boss. Today they want and need a coach. They want personal and professional development and they need help to meet their goals.
Regardless of the strain on their time, better managers know that performance management - including performance appraisals supported by ongoing coaching and counseling - work - and is the essence of their jobs as managers.
These better managers know that performance management:
Performance appraisals supported by daily coaching and counseling inspire employees to perform to their capabilities resulting in a win-win-win - for the organization, the employee, and, not least the least of which is the manager who is building a high-performing team.
One can easily argue that effective performance appraisals, coaching & counseling are more important in today's business environment than ever due to the:
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