What future do you envision for the performance management process in organisations? How use of technology is going to change/revamp it?
SM Organizations envisioning the future of performance management are shifting away from outdated annual review models towards dynamic, continuous processes. This evolution prioritizes inspiring and empowering employees through ongoing development and progress. Technology plays a pivotal role as a catalyst for this transformation, facilitating several key advancements. Firstly, real-time feedback loops will reshape workplace communication, enabling continuous dialogue through tools like performance analytics platforms and micro-feedback mechanisms. This will foster a culture of learning and improvement, providing timely support tailored to individual needs. Secondly, data-driven decision-making, powered by AI analytics, will allow organizations to extract actionable insights from vast datasets. Predictive algorithms identify potential performance issues early, enabling proactive interventions that align...
