The primary focus of HR managers today is to attract and retain the right talent in accordance with their organizational needs. However, in this bid of winning the war of attracting talent, HR professionals tend to overlook a very important aspect of employee retention, namely performance management. In fact, the top performance management consultants consider this single aspect to be one of the vital cornerstones of a successful and meaningful HR strategy. This is also what makes it an extremely challenging task, as ensuring the development and complete engagement of the employees possessing different skills, is no small feat, even for the most experienced HR professionals.
Understanding Performance Management As A Process For most people, performance management is just a fancy term used for defining the various ways in which managers perform performance appraisals of the employees. However, in addition to the various appraisal related activities, the process of performance management also comprises of other aspects related to the employees, which can influence organizational growth and profitability. These primarily include development of skills and abilities that the employees might be lacking and which are essential for effective performance of their roles and responsibilities. It also involves addressing the complaints and grudges that the employees might have against the organization or even against their peers and managers. Guidelines To Create A Successful Performance Management Strategy According to the experts from leading performance management consultant firms, it is important for organizations to shift their reliance on completely automated systems. Rather than considering it as a one-time event, it is essential to think of it as a continuous process which needs to be modified and updated as per the changing organizational needs. Discussed below are some useful guidelines that can help HR professionals to create a successful strategy for appropriate performance management.
0 Comments
Leave a Reply. |
AuthorCornerstone India is a leading player in CXO Search, Board Search for Independent Directors and Leadership Advisory services. Archives
July 2023
Categories
All
|