Performance Review Infographic
Cornerstone conducted a survey of businesses with under 1,000 employees about their current practices surrounding performance reviews. Based on our data and studies from other sources, we can see that performance reviews are broken, and the key to creating a business culture with meaningful feedback will come from two things: Managers and Automated Performance Management Tools.
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The ABC's (Literally) of Goal Setting
Why business growth comes down to driving objectives and key results. Every business experiences growing pains at some point in its life cycle. This is especially true for small- to medium-sized businesses (SMBs) as they begin to achieve their primary objectives and key results. Weve seen this story play out many times before: one day youre operating a quintessential “mom and pop,” and the next youre struggling to keep up with demand.
Build your bench strength! A guide to succession planning for growing companies.
Succession planning – the process of identifying, selecting, and grooming talent for leadership – is critical to achieving your companys long-term goals. Its really a nobrainer: finding and developing leaders ensures youre always prepared for expected and unexpected talent vacancies with a diverse talent pool of ready successors. Plus, smart succession planning gives you a competitive advantage, as it takes you beyond simple replacement planning – a gamble of talent and resources – to creating individuals who are qualified to lead your company in the future. So how can organizations create training opportunities that prepare candidates for new roles and provide companies with viable succession planning options? Consider these five key steps.