Linking staff incentives with frequent reporting and target hitting
Staff incentives provide a tool to increase motivation, shape the way people work and make businesses more productive. But how are they best aligned with hitting targets and KPIs?
Setting targets as a family business – it’s about aligning expectations
Running a family business gives you the chance to think about long-term performance. But it's important to make sure the goals of different family members are aligned when setting targets.
Researching new markets? How asking your rivals for help can work
Next time you’re researching new markets before moving into a new sector or geography who will you consult? Will it be a research company, a marketing agency or simply Google? There are other options out there.
Expanding and exporting
Tried and tested approaches to deal with staff missing targets
Be the Business spoke to three forward-thinking SMEs about the strategies employed to both identify when staff are missing targets, and get them back on track.
Making the employee appraisal process about personal development targets
Rather than making the appraisal process about how staff are performing by measuring them against metrics and targets, SC Group is prioritising personal development.
Performance management can actually be fun
By its nature, performance management can be a sensitive subject for employees. But one company has found a way to make it more engaging and goal orientated.