Individual development planning takes place, as does career management and leadership development. Employees are given skills training to improve performance at their current job as well as to prepare them to take on other responsibilities in the organization. Job rotation is common and business literacy training is done regularly. Performing Best Companies are serious about performance management. Feedback is sought from many sources including peers and subordinates.
Supervisors receive help with their coaching skills.
Objectives are set to be a stretch but attainable. Rewarding Compensation is designed to foster the values and goals of the organization and is viewed as part of the bigger strategic picture. Recognition programs are used extensively. Financial and employment security are important components of the whole package. And ownership is broadly used as a tool of engagement and reward.