Strategic management deals with the long-term goals of a business rather than the day-to-day operations. These plans often make projections that extend three to five years out. In addition to creating ...

Managers or team leaders create employee development plans to set clear expectations of performance and growth. An employee development plan is a critical retention tool, incentivizing top employees ...

Not every business is filled with star employees who consistently meet or exceed the expectations placed on them. For employees who don’t fall into that category, the responsibility of helping them ...

A Performance Improvement Plan (PIP) is a tool designed to give an employee with performance deficiencies the opportunity to succeed. It may be used to address issues with meeting specific job goals ...

Performance reviews are a cornerstone of effective team management, offering an opportunity to provide constructive feedback, recognize achievements, and establish goals for the future. Well-crafted ...

In his decades-long career in tech journalism, Dennis has written about nearly every type of hardware and software. He was a founding editor of Ziff Davis’ Computer Select in the 1990s, senior ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. A performance improvement plan can provide clear expectations ...