Continuous Performance Management – The Need of the Hour
Performance administration is one of the most debated practices that businesses endure on a regular basis. Proficient and knowledgeable body of workers is the lifeblood of each organization. As the warfare for genius escalates, companies are quickly gaining knowledge of the importance of having the proper people. Talent is one of the closing frontiers for differentiation. Any employer can have a patent or produce a product. The distinction is the fine of that product comes with the price of the brain you have. Many groups are guilty of treating overall performance management as a yearly event. However, HR Technologist claims groups that center of attention on continuous overall performance administration have higher enterprise results. Would Tiger Woods be one of the most profitable golfers of all time if he used to be only given direction, feedback, and development once per year? It’s time to quit equating overall performance management with a dreaded annual appraisal. In reality,