How to differentiate performance appraisal from performance management?

How to differentiate performance appraisal from performance management?

Usually performance management and performance appraisal are used interchangeably. They may have some similarities but they are definitely not the same! For one, performance management is a comprehensive approach that involves the maximum amount of dialogue among all the stakeholders. Performance appraisal on the other hand is primarily a top-down assessment for grading/rating employees performance periodically. While performance appraisals

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December 13, 2017 0

Why we love data driven performance management? (And you should too!)

Why we love data driven performance management? (And you should too!)

We have consistently written about how annual performance reviews (done traditional way) rarely provide any value in today’s dynamic work environment. A typical performance management process consists of self-assessment by employee followed by response from direct manager & then a face 2 face discussion. The process is designed to bring to fore important achievements &

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November 21, 2017 0

How to use The Reframing Matrix for fair performance reviews

How to use The Reframing Matrix for fair performance reviews

One of the many responsibilities of a manager is conducting fair and accurate performance reviews. These reviews are required to determine employee compensation, promotions, terminations and/or training and development requirements. If not done in the right manner it can alienate good employees and further affect their performance levels without even addressing the real problems. We

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July 19, 2017 0

Why you should adopt Performance Management Software?

Why you should adopt Performance Management Software?

The Performance Management process is integral to every company’s success. It helps increase motivation and align everyone’s efforts to the overall goal. An efficient process leads to increased productivity and subsequently higher company bottom line. Managers or the HR team resorting to traditional paper-based procedures for performance management have a tough time being efficient in

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November 28, 2016 0