HiFives Industry Best Practices of Performance Management covering topics such as feedback, new trend s and technologies in Performance Management
In the near future, organizations should see a big data approach to performance appraisals. It would increase efficiency, reduce bias and the cycle time
Peer feedback can plays a critical role in ensuring effective performance management, if managed properly. It can result in improved employee performance, better goal setting, more accurate training gap identification and successful career planning for the employees and organization.
Developing an efficient performance management process keeping the above tips in mind can help startups set clear direction, build greater commitment and higher levels of performance from employees.
One of the most important things for managers to remember while delivering negative feedback to employees is to reaffirm their confidence in them. They should then move the discussion in a direction so as to get a positive outcome despite the negative feedback.
The HiFives Team has vast experience of partnering with HR professionals from hundreds of organizations across multiple industry verticals and geographies. Based on these extensive interactions, the HiFives Team compiles a list of best practices of Performance Management and other topics in HR Management and Technology and writes blogs on those topics.
Those blogs are then published on the HiFives website. HiFives publishes at least 1-2 blogs every week on various HR-related topics. The HiFives Team also write guest blogs for other blog platforms and websites relevant to the community of HR professionals.
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