Is a collaborative discussion between an employee and his/her supervisor that takes place at the beginning of the performance cycle to set clear, mutual expectations about what constitutes successful performance.
PeopleQ can help you foster SMART goals by acting as a guide and providing tools to do it successfully. We help organisations set goals at organisation level, functional level and cascading it down to individual level. Apart from performance goals it also focuses on development goals that are learning oriented and support higher level of performance in the employee’s current job and career advancement.
PeopleQ can help you create a dashboard to help you track your progress on your goal setting based on target dates set.
We can help companies by mentoring on the following tools for a better process in place-
- Key performance indicators (KPIs) and metrics
- Performance appraisals
- 360 degree feedback
- Management by objectives (MBO)
- Performance management frameworks
- Reward and recognition programmes
- Personal development plans (PDP)
Not having clear goal setting can result in decreased performance of individuals & departments, lack of management commitment, can create subjectivity and work prioritization would be neglected at large. It is very important to review targets and keep improvising on them depending on both internal and external factors. It can also result in employee dissatisfaction which could lead to high attrition and loss of valuable talents.