• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

Seal performance with a contract

by on
in Best-Practices Leadership,Leaders & Managers

If you want your people to feel accountable for results, you’ve got to measure their performance.

One solution: Establish a performance contract with each person. It’s simply a written understanding of what you and your people agree are their main obligations for the coming year. In one or two conversations, you can agree on key priorities and milestones.

The contract needs to include explicit metrics that will quantify success.

Along with agreed-upon outcomes for the employee, the process also should clarify what you’ll do and what support you’ll provide to increase the likelihood that the employee or project will succeed.

— Adapted from The Feiner Points of Leadership, Michael Feiner, Warner Business Books.

Like what you've read? ...Republish it and share great business tips!

Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...

We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.

The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.

" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/7703/seal-performance-with-a-contract "

Leave a Comment