Performance Management System

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If you are looking to deploy the right performance management system, here are the key pointers you must look into: Identify the pain points in the existing process Clearly understand and delineate the organizational objectives List down ‘need-to-have’ and ‘nice-to-have’ features Look for a user-friendly PMS system Evaluate its integration ability with your existing systems...

Introduction A traditional performance management system uses annual appraisals for each individual employee. Annual performance management can be highly stressful experiences for both the employee and their manager. While employees are under pressure to present themselves well, managers have the difficult task of carrying out appraisals without causing too much disruption to daily tasks.  Managers...

Traditional performance management is always been a fear-based approach which emphasizes more negatives as compared to positives. While many aspects of modern performance management have helped reduce those challenges, others have created new ones. The guiding principle of traditional method has been individualistic whereas modern approach is organization oriented. The traditional method runs on an...

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...