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What type of staff performance indicators would you monitor to ensure you were meeting your budget? How would you monitor these indicators?

Topic 7 DQ 2

Monitoring work performance entails setting the right performance indicators based on the type of work and the duties that each worker needs to meet at the end of the working hours. Staff performance indicators include the ability to undertake assigned roles, effective time management, innovation and creativity, teamwork, and consistency (McHaney et al., 2018).

Monitoring these indicators requires the management to measure worker abilities in meetings and appraisals. Informal and formal meetings offer an effective platform to monitor staff performance and inspire workers to aim higher in registering success (Kanket, 2019). Besides, it offers a platform where the management can exchange with the employees to view the opinion of both sides and drive goals that increase the performance. Employees can set targets and show their past progress in these meetings which further allows management to examine the value of each employee in an organization. Employers can as well use quantitative measurements of worker performance. The qualitative data would show the individual strengths of each employee in the company. For instance, the difference in sales registered by employees is an example that would allow an employer to measure the strengths of two different employees in the same organization.

Other measures like the net promoter score also significantly examine staff performance (Kanket, 2019). It shows the readiness of a customer to recommend the services offered by the company to potential customers. This model is always significant in assessing employee sales, such as car sales. This model applies to the ability and measures taken by an employee to convince a customer to buy a product from a company. For instance, the number of cars sold by an employee would define their ability within the company.

 

What type of staff performance indicators would you monitor to ensure you were meeting your budget How would you monitor these indicators

 

References

Kanket, W. (2019). Experimental research on employee performance review using knowledge management oriented OKRs approach in comparison to KPI approach. http://dspace.bu.ac.th/jspui/handle/123456789/4066

McHaney, R., Tako, A., & Robinson, S. (2018). Using LIWC to choose simulation approaches: A feasibility study. Decision Support Systems111, 1-12. https://doi.org/10.1016/j.dss.2018.04.002

 

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I understand this is a lot of information to cover in 5 weeks, however, the Bible says in Philippians 4:13 that we can do all things through Christ that strengthens us. Even in times like this, we are encouraged by God’s word that we have that ability in us to succeed with His strength. I pray that each and every one of you receives strength for this course and life generally as we navigate through this pandemic that is shaking our world today. Relax and enjoy the course!

Hi Class,

Please read through the following information on writing a Discussion question response and participation posts.

Contact me if you have any questions.

Important information on Writing a Discussion Question

  • Your response needs to be a minimum of 150 words (not including your list of references)
  • There needs to be at least TWO references with ONE being a peer reviewed professional journal article.
  • Include in-text citations in your response
  • Do not include quotes—instead summarize and paraphrase the information
  • Follow APA-7th edition
  • Points will be deducted if the above is not followed

Participation –replies to your classmates or instructor

  • A minimum of 6 responses per week, on at least 3 days of the week.
  • Each response needs at least ONE reference with citations—best if it is a peer reviewed journal article
  • Each response needs to be at least 75 words in length (does not include your list of references)
  • Responses need to be substantive by bringing information to the discussion or further enhance the discussion. Responses of “I agree” or “great post” does not count for the word count.
  • Follow APA 7th edition
  • Points will be deducted if the above is not followed
  • Remember to use and follow APA-7th edition for all weekly assignments, discussion questions, and participation points.
  • Here are some helpful links
  • Student paper example
  • Citing Sources
  • The Writing Center is a great resource