Sunday, September 19, 2010

What's Your Most Valuable Resource? Invest in LMS Performance Review

I've already mentioned employee dread of performance reviews; but what about the managers giving the reviews? Surveys report that managers also harbor a strong dislike for performance reviews, oftentimes because an organization's employee performance development is often lacking. Oftentimes, supervisors have a difficult time remembering the major achievements of each employee in a given year, let alone their goals, development, and other contributions.

Short memories on the managerial end and insufficient time spent on goal-setting and performance assessment throughout the year often make annual reviews unfair, inaccurate and worst of all, ineffective. Lack of preparation for a performance review communicates that you do not take the review seriously, and you can safely assume that neither will the evaluated employee.

The cost of using an LMS to manage performance development and feedback is low and even free in some cases, but the value is great. An investment in systematic performance development is an investment in your most precious resource--your people.

Coggno is now offering a free trial for performance review training creators on its learning management system. Create an online course for free, whether it be for internal use, for inclusion in Coggno's E-learning Marketplace, or for outside syndication on hundreds of websites.

See Related Post: How to Give Great Performance Reviews Using LMS Performance Management

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