5 factors company performance

Fivebalance
Sep 2, 2018 · 1 min read

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.

Fivebalance

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Human Resource Development Platfom — https://www.fivebalance.com/