Vendor Management: Quarterly Review Methodology

Performance management is a fundamental aspect of managerial effectiveness. Establishing clear goals with your boss, peers, and employees is essential. With vendors, you have contractual service level agreements. At certain points in the year, good managers check-in with their team members to provide feedback on progress to goals. At the end of the year, employees get final reviews – complete with bonuses and merit increases. With vendors,... [Read More...]