Gaining an understanding of what a performance management tool with real-time performance monitoring looks like is possible through examples of popular and reputable tools in the market. For instance, Lattice is a comprehensive platform that assists with setting and tracking goals, providing feedback and recognition, conducting reviews and surveys, and creating development plans. It integrates with data sources like Slack, Gmail, Asana, or Salesforce to collect and display real-time performance data on customizable dashboards. Additionally, it offers analytics and insights on performance trends, engagement levels, and employee sentiment. 15Five is a simple yet effective tool that helps create a culture of feedback and growth for employees. It enables one to set and align goals, ask and answer questions, give and receive feedback, celebrate wins, and request or offer coaching. It syncs with various data sources such as Jira, HubSpot or Zapier to capture and present real-time performance data on visual reports plus insights and recommendations for improvement. Lastly, Reflektive is a modern and flexible performance management tool that helps drive performance, engagement, as well as development for employees. It allows one to set and measure goals; share feedback and recognition; conduct reviews or check-ins; build development plans; plus connect with Outlook, Gmail, Workday or LinkedIn to gather and display real-time performance data on interactive dashboards with analytics and insights on performance drivers, engagement factors or development opportunities.