Have you been frustrated with annual performance reviews? If so, you are not alone. Many people do not look forward to this annual event, whether on the giving or receiving end!
Traditional annual performance reviews are not effective due to the long time interval between them. Also, they are often not based on specific, job-related performance measurements that have been agreed to upfront with the employee. This results in surprises — many times unpleasant ones.
The Professional Decal Application Alliance (PDAA) is already ramping up excitement for the PDAA Pro Team Relay at PRINTING United this October in Dallas.
If you’re not familiar with PDAA, it is to the vinyl installation industry what a master chef is to the restaurant business. Its Master Certified members have a demonstrated proficiency for vinyl applications of all types and for any project. They are a sought-after source for tried and tested vinyl installers for print customers everywhere. As the need for more qualified installers has grown, individual competitions such as this one garner more exciting participation each year.
Every year, I sit down with my current financials — my budgets and projections — and what would be best described as a crystal ball as I attempt to compose what I have learned in an executive financial summary for my various companies.
The document(s) describe what I thought would happen financially versus what occurred and what can be done to eliminate losses and improve profitability as I move forward in an evermore challenging business environment.