Getting up early, spending 40 minutes on physical exercises, over 2 hours a day on e-mails and texts, around 2 hours and 45 hours per day in meetings and conference calls, 1 hour and 45 minutes per day on tasks and projects, and allotting 30 minutes to personal development.
That is how we could sum up the data of a recent survey conducted by The Center for Management and Organization Effectiveness among successful executives from top companies in North America, such as Adobe, Bank of America and Google, just to name a few, in order to find out how they manage their time.
In every activity sector new trends emerge, while old trends are left behind or revamped into something new to fit the overall context in that specific area of activity. Performance management is no exception in that sense. In 2014, the trends having the biggest toll on performance management and its development were the advancements in IT, and the usage of different performance management-related tools, along with Big Data.
The performance of a team and its achievement inside an organization represent one of the aspects that help an organization to record good results and perform better. In order to attain performance according to the goals that are set, teams should be built around people who are willing to work together, so that, at the end of the day, the desired outcomes are met.
Employee satisfaction and employee engagement are aspects that organizations focus on and try to assess in order to determine how employees feel about different issues related to the organization, its activities and their own job, issues that employees would not otherwise point out due to fear of compromising themselves or losing their job. A useful tool that can help managers look into employee satisfaction levels and collect information in this respect is the employee satisfaction survey.
Performance management is about planning, doing, checking and acting. In other words, it involves formulating a plan of activities, establishing a set of objectives, setting key performance indicators (KPIs) to measure performance, and appraising actual performance. Therefore, managers direct the discussion towards key concepts such as objectives, goals, KPIs, desired state of evolution and outcomes. The ultimate goal is to help organizations reach top performance at different organizational levels.