How to Boost Your Employees' Performance in 2015?

Let us go to the basics and ask ourselves again: What is a company? As per numerous definitions in the internet and journals, a company is basically a collection of individuals who have a common aim. Yes, 'a collection of individuals' - that's our catch. All the employees work as a single unit to achieve the main aim of the company. Can you see how important the contribution of every single employee is in the company? It is obvious that company owners expect a lot from their employees in order to boost the growth of their companies.

It is a fact that the performance of employees in a company is directly proportional to the growth of that company. The better the performance, the better the results. So, company owners should focus on developing an efficient and effective employee performance management system. And the question that arises here is:

How to develop an efficient employee performance management system?

To answer the above question, we have to go back to the basics again. Now, what is employee performance management (EPM)? It is a process in which a company establishes a workforce in order to meet objectives at an organizational level. Generally, EPM is about aligning organizational objectives with the employees' skills, development plans, and execution of plans.

The main focus of EPM systems is on improvement. Yes, improvement is a continual process that is achieved by learning from past mistakes as well as developing your present skill set. This improvement acts a weapon that will help in creating a workforce that delivers high-performance.

This system was introduced 60 years back. At that time, the system was in its infancy as it focused more on wages based on performance. But now the system has grown and undertaken various factors to boost the performance of the employees.

Now, most of the companies rely more on automated systems. All thanks to the remote monitoring technology that has transformed numerous business applications. With the advancements in wireless communications technology, remote monitoring and control came into existence. Integrating the remote monitoring techniques in employee performance management can help in getting better results.

There is another important factor that helps in fostering the growth of a company. That factor is the network monitoring software. Whenever an application is slow, or the connection is not established, we directly blame the network team of the company.

It is important for a company to have unrestricted workflow. Therefore, it is important for a company to have a flawless and effective network management system as well. A good network management system detects, diagnoses, and resolves system errors providing unrestricted workflow.

As we discuss EPM systems further, we need to bust various myths regarding them.

Busting Myths

This has always been a common notion that annual appraisals act as a performance booster for employees. This has been a common mistake for years. They are a part of employee performance management but not exactly how they are perceived. To draw a meaningful distinction between the two, we have to answer the question below:

How is performance appraisal different from performance management?

Performance management system ensures that employees' activities and outcomes are congruent with the company's objectives. It establishes guidelines for employees that are to be followed to ensure that all the objectives are met.

Performance appraisals, however, is a process in which the past performance of the employees is evaluated. It is a blindsided approach as the performance is not measured against the objectives of the company.