How to conduct a future-focused performance review

Two women having a meeting in an office.

In news that may (or may not) surprise you, just of employees strongly agree that performance reviews inspire them to improve their performance.听

This is a deflating statistic to read as a manager 鈥 especially when you consider the amount of time that goes into preparing a detailed and thoughtful performance review for your staff. 聽

It鈥檚 also a missed opportunity: to forge deeper relationships, help your staff refocus on their next career progression goal, and set your entire team up for success moving forward. So, what can you do about it?聽

The answer lies in thinking forward, not backward. shows that organisations that make performance reviews forward-looking, not backward-looking, can expect to improve employee performance by as much as 13 per cent.听

Traditional performance reviews focused on the past 鈥 how the year went, what went well and what didn鈥檛 go well. While there is value in reflecting on the past 鈥 effective leadership hinges on creating a culture of continuous feedback, introspection, and authentic communication 鈥 there鈥檚 significant value in focusing on the future. That鈥檚 where your employees can impact what happens.

If your organisation 鈥 like many others in 最新糖心Vlog 鈥 is commencing the annual review process in the New Year, here鈥檚 how you can conduct a motivating, future-focused performance review.听

Facilitate a two-way conversation

An essential ingredient of any future-focused performance review is facilitating a two-way conversation. Two-way conversations help to improve communication, as well as build stronger relationships between managers and employees, leading to better performance development outcomes.

鈥淏ased on my work with leadership teams, I鈥檝e found that when performance conversations are powered by partnership, the landscape shifts...not only do managers enjoy better relationships with their teams, but their feedback may even produce greater joy, not fear.鈥

As well as asking your employees for their feedback on performance and strengths, future-focused performance reviews also require your employee to share their future career goals, and the capabilities they think they鈥檒l need to develop to achieve them.听

Focus on career goals聽

Where 鈥榯raditional鈥 performance reviews don鈥檛 tend to encourage employee development, future-focused performance reviews prioritise opportunities for your staff to grow professionally and personally.听

Whether through upskilling, mentoring or coaching, providing development opportunities can help your employees with your organisation, and demonstrate that they are valued. It also helps you to retain and engage top talent! 聽

To start a two-way conversation about career goals, you might like to with your employee:聽

  • The skills they鈥檇 like to learn in the future, along with their career interests and aspirations.
  • The skills they need learn and the development areas they need to work on to continue providing value in their role.
  • Whether their future career aspirations align with your organisation鈥檚 vision and purpose 鈥 and if not, how they can align.
  • The possible career paths available to them within your organisation, and what career progression looks like for at least two positions above their current position.

Locking in development opportunities is key to maintaining momentum post-performance review 鈥 and building trust and commitment with your employee.

If your organisation鈥檚 performance review cycle commences at the beginning of the calendar year, Professional and Continuing Education鈥檚 Professional Management Program, which kicks-off in February, is a fantastic way to keep the ball rolling for your employees.

Don鈥檛 鈥榮et and forget鈥櫬

A future-focused performance review is not something you can 鈥榮et and forget鈥; a once-a-year chance to provide feedback and discuss career goals and aspirations with your employees.听

The benefit of a regular feedback loop as part of a broader, holistic performance management strategy is a necessity. 聽

A has shown that it is far more productive to encourage regular and informal performance conversations with your employees in addition to their annual performance review. In fact, providing ongoing feedback could boost employee performance by as much as 12 percent.听

It also enables you, as a manager, to provide more timely feedback to your employees, and adjust expectations or objectives, based on organisational changes or past performance.

Finally, remember that nothing boosts employee motivation like a note of encouragement and modelling the behaviours you want to see.听

End your employee鈥檚 future-focused performance review on a high with words of praise and positive reinforcement 鈥 negativity is hardly likely to inspire anyone to perform extraordinary feats of progress!

In preparation for your team鈥檚 2024 performance review, familiarise yourself with Professional and Continuing Education鈥檚 suite of short courses, executive education programs and customised education solutions.听

Many courses and programs commence as early as January 2024 鈥 boost your team鈥檚 motivation and morale in the new year by enquiring today.听

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