5 factors company performance
Many companies have tried hard to make a different program and allocate such a large budget to improve their employee performance. Spend a lot of money to invite the motivators and trainers to conduct training and teach some methods on how to improve the company performance. The company’s performance is affected by 5 factors:
1. Leadership factors è indicated by the quality of encouragement, guidance, and support by managerial or team leaders
2. Personal factors: indicated by the skills, competence, motivation, and employees commitment
3. Team Factors: shown by the quality of support provided by colleagues.
4. System factors: indicated by the work system and facilities provided by the organization
5. Contextual/situational factors: indicated by the level of pressure and changes in the internal and external environment.
Personal factors are the only factors that if successfully improved, it will have a large effect on the other 4 factors. Like Pareto law, this is a 20% factor that gives an 80% effect to improve employee performance.
