Despite all the talk about getting rid of performance appraisals, a welldesigned performance management system can improve a company's overall profitability and accelerate its growth. Effective performance management systems help establish employee expectations around specific roles and responsibilities. They outline the resources available to them, and they provide the structure for employee appraisals. In this video, I’m going to share 5 things to keep in mind if you want to design an optimal performance management system for your organization.

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Until next time.

0:00 Intro
0:53 Speak to employees
1:14 Review job descriptions
1:53 Define performance expectations
2:23 Design the right feedback and training tools
3:29 Motivate staff to comply

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