Following is the list of low-cost performance improvement measures that have equally gives high return beyond their costs. They are relatively very easy to develop and implement.
1.Develop feedback system: Insufficient
feedback can destroy the performance. Identify the solutions to fill
the feedback gaps. Let people know what are their targets by
developing and helping them.
2.Develop performance support system: Absence of on job support, destroy the performance immediately. Provide them with training. Guide them and rewards them for appropriate performance, especially in initial stages. To raise the performance and productivity on job support is the most powerful and inexpensive.
3.Clean up policies and procedures: when the games rules are not clear, conflicting and inefficient, the performers get lost and makes wrong choices. This is the right time to clear up the policies and procedure of stakeholders.
4.Increase motivation to perform better: Value, confidence and mood are the three factors within the organization\\\'s control. You can build confidence through success models and rewards, and remove the threats and negative environment elements to improve their mood.
5.Restrict selection system: Inadequate hiring and selection results in poor hiring or promotion practices. Study such aspects with the help of experts and clean them up. Select the candidates which are fit for the position, train them and support their performance.
6.Remove task interferences: Find out what is asked for performance and what are the conditions. Remove the unproductive administrative tasks and meeting. Create block to the interruptions in work time, interferences and description.
During tough economic conditions review all this performance measures. This will help your organization through this difficult time.