What is performance management training for managers?
Great managers aren't born; they're made. Sure, a few people thrive when thrown in to a management role, but many new managers need help communicating effectively with employees, giving feedback and taking on a leadership role.
Performance management training can mean different things for different roles, but always focuses on teaching managers how to accomplish or facilitate work through others, and how to direct and develop their employees.
Great performance management also includes ongoing, two-way dialogue with your employees about expectations, priorities and performance. It aims to develop your employees, ensure their success and maximize their contributions to the organization.
Benefits of performance management training
The Corporate Leadership Council found that more than half of the most important drivers of employee engagement and performance are related to effective performance management skills, including setting clear goals, providing regular feedback and supporting employee development. And other research backs this up! The Ken Blanchard Companies found that managers who are effective at employee performance management produce better business results, including:
- 50% less staff turnover
- 10 to 30%higher customer satisfaction ratings
- 40% higher employee commitment ratings
- 200% higher net profits
Keys to success
Halogen can help your managers get the training and support they need to effectively lead their teams. We've collected eBooks, white papers, how-to articles and blogs that have proven tips and tricks to help your managers build a strong, trusting relationship with employees that will not only help individual performance, but also contribute to the success of your company.