Performance and Planning
An important component of developing employees is managing their performance. This incorporates regular one-on-one meetings or quarterly catch ups, through to larger performance appraisals. It is also an opportunity to manage underperformance if necessary.
Employee planning and performance appraisals play a vital role in any business.
Does your business
- Have a performance review structure in place?
- Regularly communicate with your employees by providing feedback?
- Have a succession plan in place?
- Have the people and structure in place if you were to retire from the business?