Performance Management Redefined
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19-Jan-2017Category
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Performance Management Redefined Inspire
Burdensome, FixedOngoing Continuous: Annual and semi annual review supplemented with more frequent informal manager- employee check-ins and other simple communicationsAnnual One time ProcessTraditional PMSFlexible, Agile, Simple: Light touch, low impact processes to gather performance data. Non-value add administrative activities are eliminatedAssumptions BasedAnalytics Enabled Decisions : Performance data collected from multiple sources throughout the year and analysed to provide balanced performance insights
Centralized, DeferredLocalized, real-time: Real time recognition provided through use of frequent check-in and social media tools to improve performance and drive engagement
RemediationStrengths: Individual strengths identified and leveraged to maximize employee potential and build high performing teams
New Age Performance Management 2