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Performance management is evolving. Increasingly, organizations are abandoning their annual appraisal systems and moving toward continuous performance management — a more agile and intuitive way to engage and motivate employees.
Situational leadership is a model. It provides prescriptive and anecdotal applications that leaders and supervisors can grasp. It is straightforward and uses a variety of guidelines for both leaders and followers alike.
When looking at leadership from a new perspective, an executive should understand its transformational value and place more emphasis on applying what works best for them in their current work environment.
When employees have some form of emotional attachment to an organization, a work position, their colleagues or even the work culture, that employee is said to be engaged and that is one of the key factors for a successful business.
According to a report from the Center for American Progress, replacing a lost employee can cost an organization from 16% to 213% of the lost employee’s salary, depending on their job and skills.
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