Performance management – as it always has – is evolving at a rapid rate. As we move into 2021, HR leaders continue to face a number of unique talent management challenges: from a global talent shortage, to digital transformation, to the business impact of the COVID-19 pandemic.
If there is one thing that we have learned in these trying times, it’s that agility is now the defining characteristic of modern HR excellence. For performance management in particular, this means it’s time for a radical reassessment of traditional appraisal models and technologies.
From continuous feedback to flexible and adaptable solutions, the trends taking hold today will position organizations for long-term and sustainable performance management success tomorrow.