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Image source: ethicalleadership.nd.edu
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In most companies, the employees are as important as any resource, which is why they should be engaged in organizational activities. One of the many ways to do so is to involve them in goal setting. A 2017 research by McKinsey shows that employee goal setting can elevate employee performance and benefit the organization as a whole.
Some of the advantages of its implementation are the following:
Linked personal goals to overall business objectives: It is normal for employees to set for themselves goals and dreams. But if they see that their personal goals and expectations are aligned to the business priorities, they can be motivated to improve their performance. According to McKinsey, 91 percent of companies that have successful performance management systems employ workers whose personal objectives are correlated with those of the business.
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Increased accountability: Because employees are involved in the establishment of collective and individual organizational goals, it could give them a sense of ownership and purpose in their work. This can encourage better performance and motivate them to give their best.
Professional development: Through employee goal setting, not only can organizational goals be formulated, the business leaders can come up with a list of employee goals and milestones that are geared toward developing their skills and building their experiences.
Seattle, WA-based business consultant Emile Haddad has helped organizations build a culture of excellence within their workplaces. He has also taught many employees about the different skills they need to attain professional success. Visit this blog to read similar articles.
