1. Good business needs a healthy workforce and this starts with performance management that is consistent and transparent to avoid stress in the workplace. When the stress hormone ‘cortisol’ is over stimulated for an extended period, we experience memory loss, high blood pressure and possible depression, which are costly to the individual and the organisation.
2. Psychologically, an agreed plan that has considered everyone’s input will promote responsibility and accountability; both of which are highly necessary for efficiency and well-being.
3. Our motivation and reward systems in the brain galvanise into action with energy and enthusiasm. It is not always about money. By taking a little bit of time to find out what motivates people, you can grow your business.