Implementing a Performance Management Program: Strategies for Success
Join Mark Ernst, President of Ernst Enterprises, LLC, for an insightful webinar on implementing a successful performance management program in your organization. Discover the essential formula for success: Expectations + Feedback + Consequences = Results. The session covers how to assess current performance methods, the pros and cons of formal programs, challenges in implementation, and strategies to overcome them. Gain access to sample forms and a 10-step checklist to help you launch an effective performance management system. Enhance employee productivity and align your team with organizational goals.
Implementing a Performance Management Program: Strategies for Success
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Presentation Transcript
IMPLEMENTING A PERFORMANCE MANAGEMENT PROGRAM FMA Webinar Presented by: Mark Ernst, President Ernst Enterprises, LLC April 16, 2010
Magic Bullets? Business owners and managers are always looking for that “magic bullet”… the one-thing that is easy to do that will improve employee performance and productivity. In their search for that “one-thing,” owners typically invest in newer and faster equipment or look for some new employee motivation program but forget about the basics of people management. Formula for Success Expectations + Feedback + (+/-)Consequences = Results
AGENDA • Assessment. Identify the current method of assessing performance. • Determine why you want to implement a formal performance management program. • The pro’s and con’s of a formal performance management program. • Challenges to implementing a formal performance management program. • Strategies to overcome the challenges. • Managerial skills necessary for success. • Sample forms to help get you started. • 10 steps to implementing a performance management program. • Summary
Summary • Implementing a performance management system can bring significant benefits to your organization. • The challenges to implementing a PM program are primarily with management. • Don’t buy an “off the shelf” evaluation form and think you have a performance management program. • A poorly implemented program is worse than no program. • Don’t implement a plan you don’t intend to follow. • Manager training is essential for success.
Mark Ernst is the founder of Ernst Enterprises, LLC, business advisors whose mission is to help business owners: Achieve their Vision Our Core Values Confidentiality: We treat all client matters and discussions confidentially. Integrity: We operate with openness and transparency in all client matters. Trust: We earn our client’s trust by keeping our commitments. Expertise: We are or bring in the expertise our clients require. Ernst Enterprises, LLC (All Rights Reserved)