Double Your Team Productivity with Performance Management

Business Development HR Marketing Operations
January 9, 2020
Team Productivity

Team Productivity

Many organizations know that building an efficient team is key to materializing success, however only a few possess the right “tools” to make it happen. Want to double your team’s productivity? Then it’s about time you invest in a performance management system that provides structure to your performance system and puts AI and gamification to work so that you realize real increases in productivity.

According to research carried out by Deloitte, only 8% of companies are satisfied with their performance management process. As a result, most companies are constantly on the lookout for new ways of improving the process. There are several innovative solutions that can positively affect business outcomes and at the same time improve employee satisfaction so that increased productivity is not stressing your organisation. Here are 3 impactful recommendations on how you can improve your performance management system:

1. Ensure Task Management Effectiveness

Assigning several tasks at once to your team members can get overwhelming, leaving employees confused and helpless. Using clear task prioritization and assigning deadlines to tasks are simple steps to driving productivity without overwhelming your team. There are many solutions to simplify this process, allowing you to even change the status of tasks, submit tasks for review and break down complex of multi-layered projects into bite-size chunks. This ensures your team members always know what to do next and spend little time wondering what to focus on.

2. Track, evaluate and reward performance

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While many organizations rely on outdated conventional practices that come with many drawbacks, forward-thinking companies adopt innovative solutions that provide clear insights into team performance all year long. Software solutions nowadays let you choose metrics to track, set what is good, average and bad performance and track throughout the day so that everyone knows exactly where they are without needing to wait for “feedback” or an old report.

3. Steer behaviour with Gamification

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When considering a whopping 72% of employees claim they feel more motivated when using gaming-inspired elements in their work, and these employees score 14% higher on skill-based assessments, it’s no wonder the gamification market is growing by 30.1% every year. Running short and long term competitions for rewards, points and other forms of gratification gets everyone focused on the right elements of your performance system in a fun way.

Make it easy to manage and steer productivity by investing in a good performance management tool to drive team members towards achieving organizational goals through some very simple mechanics, such as:

  • Leaderboards enable provide a quick performance view of stack ranking by metric, individual, team, country, region, etc..
  • Star Rating of performance ensure an always on feedback system that is easy to understand.
  • Gamification automates the monitoring of performance to reward and reinforce the right behaviours.
  • Task management breaks down the “elephant” into bitesize chunks to make sure things get done.
  • Mood Tracking monitor how team members are feeling every day to influence their motivation.

While many platforms are offering these features, iStrives combines all these functions into a single performance management system. With advanced features such as gamification, leaderboards, scorecards, star rating, toolbox, task management, mood tracking, and more.

Curious to find out how iStrives can impact your business? Try iStrives today and double your team productivity.

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