Performance in any business or company means quantitatively measuring how well a worker is producing. It can be used to evaluate a company’s productivity or an individual; with an app like Miro, all players collaborate and work under a common goal.

In this article, we dedicate ourselves to finding out how to manage performances within a team.

What is Performance Management?

Performance management is the process of planning, monitoring, and reviewing employee activities to ensure that these activities result in appropriate and agreed levels of business performance.

It is a term used across many industries. It has become an essential aspect of effective management, especially for teams where several members make up the structure or team as a whole.

How to manage performance within a team:

  1. Gain commitment from all parties

Before you get into the more technical aspects of performance management, it is vital that everyone who is involved feels committed to your plan.

It means that having everyone on board understands what needs to happen and why this initiative has there in the first place.

Make sure that each member of the team is aware of the importance of what is to be done and how this will help them and others within their organization.

  1. Set goals

Once everyone has bought into your plan, it’s time for you to outline clear goals that are achieveable in a reasonable amount of time. It would be best if you made sure that the goals you set are SMART:

  • Specific – Be very clear about what needs to be achieved. It is important to outline why there is a goal so that everyone can get a better perspective of the bigger picture.
  • Measurable – Make sure the goals have been broken down into key performance indicators so that you will be able to track and measure your progress.
  • Achievable – Each individual will be motivated by different things, so you must resolve what would be considered an attainable goal for everyone.
  • Realistic – Give yourself and others enough time to get things done. Don’t rush people into thinking that they can achieve the goals immediately. It will only lead to frustration and a feeling that the plans are unattainable.
  • Time-bound – Setting deadlines is another way of making your goals seem more achievable to everyone involved. It also helps individuals see the specific progress they have made within their roles.
  1. Monitor performance

Once you’ve set clear goals, you need to monitor your progress throughout the entire period. It can be done by having meetings to discuss what is working well and where things are going wrong.

The first thing you’ll want to do is gain feedback from everyone else in the team to ensure that your performance management technique works for them as it does for you.

  1. Document all the data

Make sure that you are constantly writing down all of your efforts to help yourself keep track of everything being done.

It will be useful when it comes time to create reports at the end of each month or whatever measurement period you decided on initially.

Conclusion

In the end, it is vital that everyone who has been involved in this process from the beginning feel as though they have been valued for their contribution.

If your performance management technique is successful, you should be able to see a real improvement in individual and team performances.