CRITERIA 6.3 – Well-Defined Performance Standards What Does Good Work Look Like?

“Studies have shown that  98% of people see themselves in the top half of all performers”

 

  • Well-defined performance standards answer the question: “What does good performance look like?” They tell employees what to shoot for so they can win. They also allow for self-management and self- responsibility. Clear standards eliminate surprises when it comes time for performance reviews.

 

  • Generally, four factors can be used to create performance standards that affect the success of the business.

 

  • Quality – Does the stakeholder or customer care how well the work is done?

 

  • Quantity – Does the stakeholder or customer care how many are produced or how fast things get done?

 

  • Time – Is it important to accomplish the activity by a certain time or date?

 

  • Budget – Does the stakeholder or customer care about the cost, or is it important to accomplish the activity within certain cost limits?
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