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Can You Walk the Walk if You Can’t Talk the Talk? Improve Your Financial Vocabulary
Accounting is the language of business. Getting more information from your accountant than just pages of numbers in the form of monthly reports requires that you know the language. For many owners, that means acquiring a new vocabulary complete with terms like “gross margin,” “key performance ratio,” and “break-even analysis.” Unfortunately, many business owners are intimidated by the language or choose to ignore it altogether. They ignore the financial performance of their company, delegate it to an employee, or outsource it. Understanding the fundamental financial concepts gives owners a much better chance of prospering in today’s challenging economic environment.

Think and Manage Like a Winner; Defense is a Losing Strategy
Recessions over the past 64 years averaged 10 months from peak to trough. This one is 15 months old and there is no bottom in sight. Most employers are cutting "non-essential" expenses to preserve employee jobs. While compassionate, that is a death-knell for most businesses. So what's a business owner to do?
Here Is A Quick Way To Improve Your Performance Review
The annual and dreaded performance review. Do you prepare for it? It is a waste of time? It's your personal review...so prepare!

Other key performance Related Articles

Do You Know and Plan For The 3Rs for Your Business
Everyone is familiar with the 3-R’s from school – reading, ‘riting and ‘rithmetic. This was our first introduction to an effective performance model. As proficiency increased in each R, performance was further enhanced. Effective performance models by their very design are a continuum that automatically raises performance to the next level.

Performance Coaching
Performance and performance development have to be measured in the consequences or the value to be expected alone. Value means, however, more than performance. Value is rather the result of the operational activity, added value for it so.

Managing Employees Performance
Measuring employee performance has come a long way from the annual performance appraisal to an on-going performance management process. In the past, managers and employees met once a year for the annual performance appraisal (review) to look back at the work done during the previous year and to evaluate what was accomplished. Human resources managers, managers/ supervisors and employees have come to realize that only looking back does little to improve performance. In recent years, there has been a shift away from performance appraisals to a more comprehensive approach called performance management.

Managing Performance: How To Conduct A Performance Review Right
One of the most common questions we get asked is: "We need to do annual performance reviews. Do you have a performance review form that we could use?" While admirable that the need to conduct a performance review is recognized, the purpose is often lost in the frenzy of filling out forms, setting up meetings with employees, and sitting through awkward, contrived discussions with them about their performance. The performance review is about managing and improving performance. It should be a motivating, inspiring process conducted not just once a year, but on a regular basis. In this article, we'll discuss how to effectively manage performance and provide tips for how and when to conduct a proper performance review.
Empowering Sales Beliefs
The sales results you create are based on your performance. Performance has many components for example, our activities and abilities that are typically where many organisations focus on. Yet beneath the surface, our beliefs about ourselves, our customers, our job, can either help or hinder our performance.

360 Feedback in Performance
Organisations seeking options for enhancing the effectiveness of performance management are likely to find attraction in the use of 360 feedback as an input. Where performance management is used solely to determine a performance rating and reward outcome, the research does not endorse the use of 360 feedback. However, with a carefully considered approach, an effective linkage between 360 feedback and performance management can lead to the identification of more informed learning outcomes and developmental action plans.
Master Your Game: Performance Management
Having a performance plan and honing your coaching dialogue skills will help you with your performance management role. As a leader, managing the performance development of your team is critical to attaining the success you seek. A good performance development system, executed expertly, will assist your team to grow and develop to meet the goals and objectives that you will evaluate them against.

A Management Challenge: How to Enhance Average Performance
Average performers are usually an overlooked resource for increasing work quality and/or quantity. It is all too easy to pay attention only to performance extremes. Top performers have built-in rewards. Their performance at the top of the charts makes it easy to provide meaningful and specific feedback. Performance problems at the other end of the spectrum also demand attention. When performance is clearly below target, it is visible to almost everyone involved in the effort, and you have little choice but to try to make improvements.
Standardizing Performance Reviews
Completing performance reviews on a regular basis is essential for maintaining motivation, assessing department capabilities, and managing your staff effectively. Managers who do not complete performance reviews or deal with performance issues reduce employee morale, decrease credibility of management, diminish organizational effectiveness, and contribute to increased costs for resources. Use Demand Metric’s downloadable Performance Review Template to help you standardize your employee performance review process.
How to Deal: Performance Reviews
On both sides of the conference table, Performance reviews are considered one of the most disliked, or often feared parts of working within an organization. On one side, the employer or manager, may have not kept accurate records of an employee’s progress is stuck on highlight performance highs and lows, and how to encourage the employee to set new goals based on the performance review. Employees may feel they did not receive the performance review they truly deserve…perhaps viewing their employer or manager as overly critical. How does an organization get past these issues and make performance reviews enjoyable? Astronology investigates the concerns in performance reviews.
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