Performance management is changing. You have likely heard about this shift in any HR or business publication: A growing number of organizations are calling into question the value of longstanding HR processes.
In particular, there has been a lot of buzz about how companies, including many high profile companies like Motorola, Microsoft and Adobe, are eliminating the annual performance review or employee ratings.
The question now becomes, "What can companies do to develop a more engaged, productive, and high-performing workforce?"
The next generation of performance management
Instead of tired old processes that focus on what companies can get from their employees, many are embracing the future of performance management and taking a different approach based on its most important asset: Its people.
At its core, performance management is intended to improve the performance of employees. It's about making employees better at every opportunity, and aligning, engaging and inspiring your people to achieve the results that matter to your organization - all year, not just once a year.
The next generation of performance management focuses on creating an ongoing dialogue about performance between managers and employees, emphasizing the link between employee satisfaction, contribution and engagement. It's about ongoing performance management becoming 'a part of' how business is done.
Specifically, next-generation performance management is...
Making ongoing performance management a reality in your organization
Do you want to learn more about ongoing performance management and how you can make it a reality in your organization? We've put together a handy new eBook called Driving the Future of Performance Management to help you do just that!
Our eBook takes a close look at what your organization needs to drive the future of performance management and how to link it with your other talent management practices and your own unique business rhythm.
There's simple, actionable advice to help you:
- Develop great managers;
- Set goals that drive outcomes;
- Build a feedback and recognition rich culture;
- Establish a culture of forward-focused growth and development; and
- Conduct ongoing performance discussions.
Download this free eBook today to learn how you can maximize your employees' potential - while building your organization's success!