Most often managers rely on outdated
information about the employees while ranking and rating them. This leads to a
biased review which might not be valid as per the current status of the
employee in question. Hence the experts from the leading performance
management consulting firms believe that it is extremely vital for managers
to seek latest employee information while performing reviews. They should also
take regular feedbacks to access the improvements made by employees and
appreciate their efforts.
An increasing number of business organizations
understand the importance of managing and measuring the performance of their
employees. In fact, most organizations have adapted a development-centric
approach towards performance management, making employee progress less
dependent on relative ranking and normalization techniques. In order to get the
best benefits of performance management, it is important to implement it as an
ideal and systematic process aimed at enhancing employee performance. However,
this is easier said than done as the leading performance
management consultants have identified various mistakes organizations
make while implementing the system.
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