Maximizing the performance of employees must be essential to increase corporate growth continuously. Meanwhile, it can be said that inappropriate people management should adversely affect the company’s existence. Poor project performance, losing sight of goals, and repeated failures can be caused by people management.
This concept can apply not only to private companies but also to public institutions. According to the report on the retirement ratio of government officials published by a certain Japanese public institution, the number of retirees in fiscal 2020 increased by 43.4% compared to the number of retirees in fiscal 2013. This problem could result from people management as well.
Key components that help any type of organization accomplish good people management are 3 things below :
・Acknowledgment of work results.
・Clear and understandable strategy.
・Personal goals related to organizational goals.
Acknowledgment of work result.
Proper evaluation motivates employees to work harder and ensures high productivity and engagement.
Clear and understandable strategy.
A clear and understandable strategy keeps employees focused on their work without distractions.
Personal goals related to organizational goals.
if employees' personal goals and company goals are connected, it can make use of the employees' intrinsic motivation and keep them highly productive and engaged.
In conclusion, it can be said that the proper implementation of people management is directly linked to the growth and decline of an organization.