How do you actively measure individual performance and the necessary adjustments your team require? Over the past 24 years I've found it highly effective to have iterative discussions on how individuals are performing, how their performance contributes to the Team and over-all Company goals & objectives, and finally, hos this all impacts their growth, both in skills & remuneration within an organization.
Here you will find my recommendation for a basic template you can use when establishing a Performance Measurement Criteria or Policy.