Organizations are spending millions of dollars and thousands of hours on performance management. Yet too few leaders are confident that their approaches are supporting the workforce of the future or improving the performance of the business itself.
It is time to revitalize performance management: To become more aware of the diversity of different segments of the workforce, to become open and more transparent, to foster real-time conversations and coaching, and to move people decisions closer to the people.
Most important, it is time to make sure that performance management supports high performance for the business, its leaders and the workforce of the future.
Authors: Catherine Farley, Deborah Brecher, Johan Eerenstein, Tim Good
Subjects: Human Resources, Management, Organizational Behavior
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