More than 10% of Fortune 500 companies have done away with the annual ratings as per a Washington Post. Business landscapes have changed significantly for almost every industry, they are much more dynamic and competitive than they were a couple of years ago. Organizations need to be Agile, Innovative, De-centralized and must empower employees for...
In the modern business environment, effective workforce management has become the key driver of success and effective Performance management plays an important role here. The way the performance management system is defined, and executed catalyzes the productivity and boosts the morale of the employees.