Did you know, one of the leading US food producers and distributors – a Fortune 500 company, was struggling to engage and motivate its 155,000 employees worldwide? In this article, we will walk through Performance Management for Engaging & Motivational Culture.
The company started to transform its traditional performance management system back in 2012. The senior HR’s and the management team wanted to improve the performance management system as a part of the work on its corporate initiatives.
Research conducted revealed a major imbalance between what the performance management system measured & the way it was used, and how employees accomplished their day-to-day work. Through this research only, the company got to know that all its 1,55,000 employees were facing issues regarding engagement and motivation.
This is when the company decided in 2012, that it needs to change its performance management system. At the same time, the seniors also got to know that managers were unwilling to give candid feedback to employees, and viewed performance management as little more than an administrative drill.
They also recognized that it would take several performance management cycles and a major focus on continuous improvement to see the effect on individuals as well as organizational performance.
After implementing the Everyday Work Management – Daily Work Management System,
the company saw improvements like: 69% of employees reported that they were receiving useful development feedback, and 70% of employees indicated feeling valued due to ongoing performance discussions with their manager.
Hence, as you can see that the performance management system is bringing a high percent of engagement and motivation within the organizational culture. Faber has devised and administered an extremely powerful performance management system as well as a daily work management system which is delivering exponential results and helping organizations transform. Have you taken the initiative?
Written & Compiled by Faber Priyal