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Revolutionizing Employee Feedback: Modern Approaches to Performance Reviews

The Startup Magazine

Forward-thinking companies champion models that facilitate open dialogue between employees and supervisors, ensuring that performance conversations align with personal career aspirations and the organization’s strategic goals. One of the most immediate benefits is a notable increase in employee engagement and satisfaction.

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Why You Need Tools And Analytics For Employee Metrics

Startup Professionals Musings

Employees are still too often thought of as a commodity, to be acquired “just in time” for the lowest cost, and managed as a disposable asset. Employees are often ineffective because they don’t care about their work or because they don’t possess the skills to contribute. Use data analysis and metrics to measure for results.

Analytics 245
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Effective Management Techniques to Reduce Employee Turnover

The Startup Magazine

Perhaps it won’t be wrong to say these staggering numbers are a wake-up call for organizations to take employee retention seriously. Otherwise, they will (sooner or later) experience the resource drain, high overhead costs & low employee productivity. What Is Employee Turnover? So, let’s get started.

Employee 194
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8 Ways To Ensure Customer Interactions Are Memorable

Startup Professionals Musings

Yet, as a business consultant, I often find minimal focus on improving employee engagement and assessing their customer-facing performance. For example, I commonly see metrics to keep track of revenue per employee, overtime, and absenteeism, but I don’t often see measures of overall customer satisfaction with individual employees.

Customer 369
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8 Strategies For Sustaining Momentum In Your Startup

Startup Professionals Musings

Every new business I know dreams of building momentum in their business, where growth continues to increase, customers become your best advocates, and employee motivation is high. It’s important to define your growth strategy, document it, communicate it to your team, and align metrics and employee rewards to target goals.

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Why Misunderstanding Startup Metrics Can Cost You Your Business

Both Sides of the Table

There has been a lot of public debate over the past several weeks about whether it’s a good thing to be “gross margin positive” or not and commentary always reminds me that some people at startups don’t quite understand financial metrics or even how to think about which ones are healthy. And of course ultimately on profitability.

Metrics 150
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10 Ways Owners Often Jeopardize Their Business Growth

Startup Professionals Musings

Some chaos is normal in every new business, but many wait far too long before they install metrics based on “best practices,” and fail to attack obvious bottlenecks with a vengeance. Be sure to attach employee bonuses and even overtime opportunities to measurable business results. Make employee management a proactive process.