Sunday, May 30, 2010

MN2M – Continual Improvement – To Remain Relevant In Industry – 2010 05 30

MN2M = My Notes To Myself

If we are not getting any new assignments that are different from what we have already done earlier, then we are stagnating and unknowingly getting into a ‘comfort zone’ in our life. We may even term the ‘comfort zone’ situations as no-learning or no-growth phases in our career.

Such situations are bad not only for individuals but also for the organizations that employ them. It is therefore the responsibility of the organization to ensure that the quality and skillsets of its workforce are continually enhanced. It will thus ensure the continuity and competitiveness of the organisation in the dynamic market since an organization’s quality is that of its workforce, at any given point of time.

Organisations can identify the areas-of-improvement/development desired in every employee through a proper annual Performance (Assessment) Management System (PMS). Ideally, there can be an interim assessment/review mid-year to enable the workforce to take corrective actions, if required, for bettering their performance and in enhancing their performance/experience.

If an organization does not engage in serious annual PMS, it would find it difficult to retain performing workforce, even if a good remuneration package is offered.

Jaikishan (30th May 2010)
Filename: MN2M – Continual Improvement – To Remain Relevant In Industry – 2010 05 30

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