Instead of dealing with talent shortage, many oil and gas companies are now juggling a surplus of labor. Rapid performance management systems can help address near-term workforce needs as well as build stronger organizations.
Editor’s Note: although ostensibly focused on the oil and gas industry, the four-step framework provided is relevant to any large organization.
Authors: Christopher Handscomb, Laura Borland, Mark Dominik
Source: McKinsey Quarterly
Subjects: Human Resources, Organizational Behavior