How to maximize team growth with effective performance reviews

5 min read

Performance reviews can either hinder your team's progress or be a catalyst for growth.

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Denis Salatin

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  • Best Practices

September 10, 2024

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Performance reviews can either slow down your team’s momentum or become a powerful engine for development. At Lumitech, we’ve designed a performance review process that helps team members grow, align with company goals, and contribute meaningfully.

Our Two-Step Performance Review Approach

1. Employee Evaluation

The first phase of our review process is a comprehensive performance evaluation. During this phase, we focus on:

  • Goals: Have current objectives been achieved?

  • Accomplishments: What key milestones or tasks have been completed?

  • Improvement Areas: Where is there room for skill enhancement or productivity gains?

This structured evaluation allows us to reflect on performance, assess current skill levels, and identify gaps.

2. Goal Setting for Employee Development

The second phase involves setting SMART (Specific, Measurable, Achievable, Relevant, Time-bound) goals for the next six months. These goals are aligned with both personal career ambitions and Lumitech’s strategic business priorities. This ensures:

  • Ongoing professional development

  • Clear direction for individual progress

  • Continuous performance tracking

Why Performance Reviews Matter

A well-executed performance review helps organizations and employees alike. Here’s why our approach works:

  • Measures current productivity and performance

  • Highlights skills that need development

  • Creates personalized employee growth plans

  • Promotes continuous learning and team improvement

Our Goal

We don’t just evaluate — we coach, support, and empower. Through structured feedback and goal-setting, our performance reviews are a catalyst for individual and company-wide growth.

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