Definition: A strategy to help employees improve their performance and grow professionally.
Methods: Can include
Mentorship
Job shadowing
Training and courses
Feedback and coaching
Performance Improvement Plan (PIP): A formal document used for employees who are not meeting expectations.
Components: It outlines specific goals, a timeline (e.g., 30, 60, or 90 days) to achieve them, and the support the manager will provide.
Purpose: To address deficiencies, improve performance, and help the employee retain their job.
Consequences: If the goals are not met, termination may occur.
Alternative use: Can also be used for employees seeking a promotion to demonstrate they can handle new responsibilities.
Definition: A strategy to make the business work better by finding ways to improve efficiency, effectiveness, and productivity across the board.
Methods: Involves analyzing and modifying business processes or procedures.
