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Bus 5115 Discussion Assignment 04-4
Bus 5115 Discussion Assignment 04-4
4. Wasting resources
5. Demotivating employees
Having employees who understand their goals and the reasons behind them is essential
for influential people performance management (PPM). Setting targets or goals is the
primary method for accomplishing them. Every employee should know the goals of the
organization and their team, as well as their personal duties in achieving those goals.
Goals should preferably not be "established" for an employee but instead agreed upon
by the employee and manager. Employee participation in goal-setting strengthens their
sense of ownership over the goals and, as a result, can inspire them to succeed in their
positions. (“People Performance Management Toolkit”, 2017).
Considering our salesforce, in my current company, the four most significant job
responsibilities, the four vital goals, and their measurements using the SMART technique
are:
As it includes each of the four SMART objectives technique pillars, this is thought to be
the simplest and most equitable way to assess the success of our sales team:
1- Specific: It makes it obvious who is in charge, what must be done, where, when, and
why the goal must be achieved.
2- Measured: Using our CRM and financial reporting, it is transparently, fairly, and simply
measured.
3. Achievable: A good, diligent sales engineer with some experience and a small network
may easily bill AED 400–600K per month in our industry.
4- Achievable: Considering the industry ratio of 0.2 or 1/5 for the number of sales
engineers to the annual target of AED 3-5 million, the goals are highly realistic.
In order to help the business achieve its strategic goals, performance management is a
continuous method of interaction between a supervisor and subordinate that takes
place throughout the employment lifecycle. Clarifying expectations, establishing
objectives and targets, giving constructive tips, and evaluating outcomes are all parts of
the process.
References