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August 3, 2022 Category: Business (3 minutes read)

9 Tips for Using Your Annual Performance Review

9 Tips for Using Your Annual Performance Review

It's time for your annual performance evaluation. Are you excited? 


You ought to be. Believe it or not, your performance evaluation can be a strong factor in promoting your career. So, if you're feeling pessimistic about the review process, shift your perspective, grin, and prepare to soar. 


The most critical phase in the process, like with many other tasks in life, is preparation. So, in this article, I'll go through nine critical preparation stages for a successful performance review:


1. Make a Win's Worksheet as well as a Fan File. 


Make a habit of recording your victories in what I call a Win's Worksheet. It is a self-maintained record of accomplishments such as raising income, cutting expenses, saving time, and creating any type of significant improvement. Your fan file is a collection of emails and cards that express gratitude or praise.


2. Examine Your Job Description. 



If you don't have one or if it's outdated, use this time to develop an inventory of your position and responsibilities from your point of view. Your performance review will be an ideal opportunity to align your job expectations with those of your supervisor. To top it all off, you can agree on what "exceeds expectations" looks like!


3. Go over your previous performance review's goals. 


If you're new to the role or just don't have any written goals, add the following to your list of performance evaluation objectives: Set goals for the next period and describe what success entails.


4. Document three accomplishments for this period, supported by Specifics and Examples. 


To choose the top three, consider things you're proud of that intersect with what's essential to your supervisor, what has an impact on the organization, and what demonstrates your readiness to move forward.


5. Identify Three Goals Or Areas In Which You Plan To Develop In The Upcoming Period.


Your goals can include both work-based and personal development objectives. Achieving in both categories will lead to greater earning potential. As you choose your top three, consider which goals are most important to your boss. 


6. Collect feedback. 


If you bring copies of feedback from others to your evaluation, you will be viewed as more objective in your self-reflection. The boss may solicit opinions from others in some company cultures. If this is not the norm in your company, keep in mind that it is your career. Own it.


7. Create Your Performance Evaluation. 


Preparation is critical. Compile your accomplishments, goals, feedback, and required resources simply and systematically so that you are fully prepared for the review. Depending on your company's culture and the demands of your supervisor, you may want to load the data into a formal printed deck or PowerPoint presentation to deliver.


8. Determine Your Unique Selling Point. 


Most reviews do not take place in a vacuum. You are being evaluated in conjunction with your classmates. So, take some time to consider what you bring to the table that no one else does. What distinguishes you and makes you successful?


9. Mentally prepare. 


A successful review requires both fuel and focus. Rushing to your meeting with your boss will have an impact on your capacity to be persuasive. Get enough sleep, eat healthily, and avoid scheduling anything just before or after your evaluation. A one-minute meditation may help you retain your Zen state. It will help you stay focused. 


To ace, the performance review much more than preparation is required, but if you aren't prepared, you will miss out on a great opportunity to stand out from your peers and develop your career.


Sources: 

https://www.quantumworkplace.com/future-of-work/13-performance-review-tips-that-actually-improve-employee-performance

https://www.zippia.com/employer/how-to-run-an-effective-end-of-year-performance-review/