Monday, April 20, 2009

Appraising Employee Performance in a Downsized Organization

Harvard Business Publishing offered the following article by Tom Krattenmaker. The article addresses the importance of employee performance reviews, even during a period of downsizing or restructuring. As Tom states:
"Done right, performance appraisals can give employees a better understanding of the new and different demands of their jobs in the context of the company's changing needs. Don't duck the tough issues, say the experts, but don't overlook the opportunity to emphasize the future, either. The performance appraisal is a great opportunity to emphasize that employees have a stake in reengineering work processes and helping the company stay competitive in tough times."

He covers the following main points:
  • Performance appraisals strengthen the organization
  • Make the bottom line clear
  • Spend compensation dollars wisely
  • Reshaping after downsizing
  • A problem of skill or will?
Read the article here.

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