The future of performance management

The future of performance management

As organizations adapt to the ever-evolving demands of the business world and new employee expectations, modern approaches to performance management are needed to deliver real impact and help both employees and managers collaborate better toward common goals.?

In this new context, it has become increasingly clear that the traditional performance management process is no longer suited to the needs and fast pace of the dynamic work landscape of today.

In this edition of the People Leaders Newsletter, we explore the most significant trends transforming performance management and examine the characteristics that define high-performing organizations.

Enjoy the reading!??

?? Picked From Our Library

Performance Management Trends: The Shift toward Performance Enablement

Performance management is currently undergoing a transformation process, shifting to a more flexible, collaborative, and data-based approach. But what are the most significant trends that are defining and speeding up this transformation?

Keep reading more on our blog

High-Performing Organizations: Characteristics Setting Them Apart

Becoming a high-performing organization is an ongoing journey, requiring a commitment to continuous improvement and a keen awareness of the changing landscape of business and leadership. How many of these traits does your company have?

Find out more on our blog

?? Tips from HR Superstars

We hope this new column has already become a habit and that it provides helpful tips from other HR peers like yourself.

In this edition, we've found Don Weber's post insightful, in which he explains that high-performance organizations (HPOs) are aware of the importance of their workforce and always strive to provide a positive experience and work environment.

Don Weber is a public speaking trainer and a communication and presentation coach who has helped over 2,000 clients achieve clarity and confidence in communication, critical elements for high-performers.

?? Hand-picked articles we loved

Indeed: 4 Ways You Can Turn Your Business into a High-Performing Organization

The article explores the critical aspects that lead an organization toward becoming a high-performance one, such as expertise, clarity, leadership, action, and empowerment.

Read more on Indeed.com

HBR: What Makes Some Teams High Performing?

"Both small-scale studies and large research initiatives show the culture of a team — or the habits and norms of behavior among its members — has a big impact on its performance."

Explore the full article on HBR.org

Business: The Future of Performance Management

Learn more about the recent changes in performance management, such as informal feedback and the removal of performance ratings, and find out how this process could further evolve in the future of hybrid work.

Find out more on Business.com

HRD: Annual Reviews Are Dead, So What’s the Future of Performance Management?

"This new era will depend on employees being able to honestly and openly discuss their personal goals with their managers, and employers investing in tools that allow for self-assessment so that employees can evaluate progress towards both personal and professional goals."

Learn more on HRD's website

???In the Spotlight

Raluca Apostol, CPO and Co-founder of Nestor, named as one of the female founders to keep an eye on in 2024

We're excited and inspired to see our CPO and Co-founder of Nestor, Raluca Apostol , named as one of the female founders to keep an eye on in 2024, according to Bravva Angels and The Recursive . ???

Celebrating women's achievements in the start-up ecosystem is always something worth sharing, especially in high-tech industries. ??

Raluca's advice for any female start-up founder: "Be obsessed with customer success and surround yourself with the right people. Having checked that, you are clearly in the right direction."

Read the full article

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