Performance Goals

Preview:

DESCRIPTION

Today’s training session focuses on the importance of setting goals to guide and develop employee performance. We’ll examine the criteria for effective performance goals and cover the steps in the goal-setting and review process. The information you learn in this session can help you strengthen the performance appraisal process as well as supervise and motivate your employees more successfully.

Citation preview

Performance GoalsHow Goals Help Supervisors

Manage Employees More Effectively

© Business & Legal Reports, Inc. 0703

Session ObjectivesYou will be able to:• Understand the benefits of setting

performance goals• Tailor goals to the needs of each employee• Set goals to motivate superior performance• Incorporate goals successfully in the

appraisal process

© Business & Legal Reports, Inc. 0703

What You Need to Know• Purpose of performance goals• Criteria for setting effective goals• Steps in the goal-setting process• How to individualize performance goals

and develop action plans• Goal-setting review and evaluation• Setting new goals

© Business & Legal Reports, Inc. 0703

Purpose of Performance GoalsPerformance goals:• Communicate

expectations• Set measurable

standards• Provide a pathway to

improvement, growth, and opportunity• Motivate employees to

perform at their best

© Business & Legal Reports, Inc. 0703

Purpose of Performance Goals (cont.)

Performance goals:• Provide a fair and objective basis for

compensation and other rewards• Target training and coaching needs• Create a focus for performance appraisals

© Business & Legal Reports, Inc. 0703

Performance Goals And the Law• Equal opportunity laws• Labor laws

© Business & Legal Reports, Inc. 0703

Criteria for Effective Performance Goals• Job related• Relevant• Measurable• Observable

© Business & Legal Reports, Inc. 0703

Criteria for Effective Performance Goals (cont.)

• Attainable• Reasonable• Specific• Challenging• Prioritized

© Business & Legal Reports, Inc. 0703

Criteria for Effective Performance Goals (cont.)

• Individualized• Flexible•Written

© Business & Legal Reports, Inc. 0703

Performance Goals and Employee Success• Do you understand the

information presented in the previous slides?

© Business & Legal Reports, Inc. 0703

The Goal-Setting Process• Set performance goals with employees•Monitor performance• Document observations

© Business & Legal Reports, Inc. 0703

The Goal-Setting Process (cont.)

• Evaluate performance• Discuss performance

with the employee• Set new performance

goals together

© Business & Legal Reports, Inc. 0703

Individualizing Performance Goals• Review job

descriptions and hiring specifications• Review past

performance• Compare performance

with organizational and department goals

© Business & Legal Reports, Inc. 0703

IndividualizingPerformance Goals (cont.)

• Consider physical or environmental limitations• Take team goals into

account• Think about the

employee’s career growth• Consider your

manager’s goals and your own performance goals

© Business & Legal Reports, Inc. 0703

Developing an Action Plan For Each Performance Goal• Set one goal for each

major job responsibility• Provide guidelines for

achievement• State a time frame• Include a

measurement standard

© Business & Legal Reports, Inc. 0703

Reviewing and Evaluating Achievement•Were all the goals achieved?• If not, why not?•What problems did the employee

encounter?•What new skills, experience, knowledge

were gained?•What’s the logical next step?

© Business & Legal Reports, Inc. 0703

Setting New Goals• Goals not achieved

during the previous period• Career development

goals• Changing company or

department needs • Additional training or

coaching needs• Next level of

achievement

© Business & Legal Reports, Inc. 0703

Setting Effective Performance Goals• Do you understand the

information presented in the previous slides?

© Business & Legal Reports, Inc. 0703

The Employee’s Role in Goal-Setting• Encourage active participation• Listen to employees’ concerns and

aspirations • Seek mutual agreement• Seek a good fit between the employee’s

career goals, your objectives, and the company’s needs

© Business & Legal Reports, Inc. 0703

Key Points to Remember• Performance goals motivate and direct

employee achievement • They are essential to the success of

employees, your department, and the organization •Work together with employees to develop

meaningful and useful goals• Link each goal to an action plan

Recommended