Performance management is a continuous process that helps organizations to track, evaluate, and improve employee performance. It involves setting goals, providing feedback, and identifying areas of improvement.
Have you ever thought that even the tiniest thing you do at work would be impossible? To communicate, meet, hug, shake hands – everything we do at work! As everyone is aware now, distance is hard. But there is something else: every dark cloud has a silver lining.
If you run a small company and the analysis of basic processes shows a good result, does this mean that your management is at a high level? Quite possibly. Then it is logical to ask yourself the question – do you need business performance management if the main economic parameters suit you?
Strategic Performance Management is a development and improvement process according to the performance criteria determined by each following its mission and vision.
One of the most frequent comments we hear about the OKR system is that “OKRs should never be directly linked to compensation and reward”.
As we begin to emerge from the pandemic and return to a more normal business environment, it’s important for organizations to reevaluate their performance management strategies and make any necessary improvements.
