2. 2
The Crux
Small
business
Getting new
clients
Managing
cash flows
Making
employee
count
Maintaining
customer
satisfactions
In a large company, there may be
buffer resources but that is not an
option for smaller companies – in
such an operation, managers should
look to optimize every asset,
including people
Small businesses need to get the
most out of their people by
motivating and engaging with them
3. Systematic performance
management
Employee morale
Performance management activity
Copyright 2013 | Saigun Technologies
Pvt. Ltd.
3
Does initiating a performance management activity mean more
overheads?
Automation and more defined measurement metrics can actually drive
better business results and small companies cannot afford to ignore any
kind of performance enhancement initiatives.
5. Performance management benefits
Provide frequent and constructive feedback
Smaller companies understand how
goals need to be achieved and whether
an employee needs further coaching or
support to achieve their goals
Help employees feel valued and know what
is expected
Copyright 2013 | Saigun Technologies
Pvt. Ltd.
5
As small businesses typically lack promotion opportunities,
offering training can encourage performance levels and overall
competency of the entire organization