What is performance management? How has it changed in recent years?
Performance management is a systematic process for improving organizational performance.It is an ongoing process that involves setting goals, growing skills, coaching, providing feedback, and rewarding employees for their contributions.
Performance management has undergone a good deal of changes in recent years, including:
A shift from a focusing primarily on completing performance reviews to performance development. This involves a greater emphasis on coaching and feedback as well as learning.
These changes are reflecting a broader shift in the way that organizations view performance management. It is seen as a an organizational organizational process that enables the achievement of strategic goals.
How can performance management be used to develop talent?
At Future Mind Learning, we work with organizations to design, implement and embed performance management and development processes that not only work for them today but help them achieve their growth goals. We train leaders and teams to provide coaching and feedback and engage, set measurable goals that strengthen performance and engage in effective career development.
We help managers conduct effective and frequent check-ins with team members, and have meaningful conversations about performance and goals. We also prepare manages to talk to their team members about their career aspirations and support them in achieving these.
In addition, we help clients create succession planning processes that includes identifying potential and investing in leadership development to ensure talented employees are prepared to take on broader and more complex roles.
