Effective Performance Management Systems

Effective performance management. Those three words represent something every  organization desires. Without driven, well-performing employees, businesses cannot hope to realize their full potential. Existing performance management systems usually require setting annual performance goals, entailing a lengthy and labor intensive review process that may result in disengaged employees. This process isn’t effective; annual goals become stale quickly, and  retroactive reviews leaves little room for employees to course-correct.

Today, performance management is transitioning into a real-time method of communicating with employees, enabling managers to steer them toward expected performance and output. Thanks to an improved understanding of employee motivation, current performance management platforms and systems have come to fill the void created by the largely broken traditional methods. (click here to read why).

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