What future do you envision for the performance management process in organisations? How use of technology is going to change/revamp it?
AJ The future of performance management in organizations is poised for significant transformation, driven by advancements in technology and evolving workplace dynamics. This transformation is expected to impact various aspects of performance management, including employee evaluation, goal setting, feedback and coaching, and performance data analysis. Here’s a detailed look at how these aspects are likely to evolve:
Employee Evaluation: The traditional annual performance review is becoming increasingly obsolete. Companies are moving towards more regular and informal check-ins, allowing for real-time feedback and adjustments. This shift is driven by the recognition that once-a-year evaluations do not adequately capture an employee’s performance and can even negatively impact motivation.
Technology plays a crucial role here by enabling continuous...