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How to benchmark your own performance at work

performance-at-work

Being critical of yourself takes great aptitude. Without the experience in place, it’s hard to know when you need to do something better. Staying constantly aware of your successes and failures requires extra concentration, but choosing to assume things will be okay is not an option. You might being doing well now, but no one is perfect and complacency isn’t wise when the workplace is often mutable. Here are some factors to consider when assessing and evaluating your performance at work.

The competition

Identify the workers, sectors or companies who directly rival you. Don’t be too inclusive. They have to provide the same service, have the same work ethic and philosophy and be aiming for the same career goals. Note what they do and compare it with what you do. What have they done better in that you can learn from? Clever people can innovate and create ways to be successful, but it’s the geniuses who steal.

Your key drivers

We all do numerous things during the working day, but not all of those things need benchmarking. You wouldn’t feel the need to improve and work on your photocopying and tea-making skills, for example. Prioritising the drivers which elevate your successes makes it easier to maintain performance. Retail prioritises customer service, but a sector where the product sells itself, like journalism and media, will focus on creativity and imaginative marketing. Identifying key drivers is the trigger to other issues sorting themselves.

Efficiency

After identifying your key drivers, you can look at your capabilities and achievements in a working day. How much profit do you make on what you spend? How does the timeframe of your day break down? Where do you allot your resources and labour? Improving efficiency is a sign of strength, knowledge and trust in your workplace. Make sure supply and demand is balanced and cut down on waste and over-expenditure. Anything that makes the job easier without losing its effectiveness will lead to performance improvement.

Progression

Are you where you want to be? Do you feel personally satisfied with your wages, benefits and career opportunities? Research averages for your occupation and it will give you an idea of whether you’re on track. If not, it could lead to necessary changes, like moving workplace, asking for a raise or going for a promotion. If you want to look at ways to get ready for a new job and a step by step guide on how to land your perfect job then visit our New Job eBook or our self discovery guides for advice from leading and award winning expert coaches and HR professionals to discover how to really make it in your career.

Work/life balance

Success isn’t just measured in how much money you make and how much authority you wield. Do you have any free time? Are you able to enjoy your money? Do you spend enough time with family and friends? Are you looking after yourself? If things are less than successful at home, it will eventually impact on your performance at work. Remember to use all your allocated holiday time and recognise the difference between necessary overtime and selfish overtime. We all want to get ahead, but there’s always a chance a smart someone will use your extra efforts to their advantage. Work smarter, not harder. If you want to gain more balance in your life visit our planners and checklists to help organise your work/life balance best.

Benchmarking will help you figure out how to get to where you want to be in your career. It requires a balance of tough self-love and optimism. You can’t be too hard on yourself, but hard enough to make some changes. Once you’ve sussed out your strengths and weaknesses, make regular performance assessments pivotal to your work life. It can revitalise your career.

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This article was contributed by Pink Moods.

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