Despite being one of the most fundamental HR practices, performance management is often overlooked as one of the key levers of employee engagement and retention. However, done right, performance management can unlock the full potential of your people and your organization by creating clear alignment across the business, improving performance at every level, and boosting engagement and motivation.
While many HR teams want to make performance management more effective, overhauling the entire process can be daunting. That’s why adopting an agile approach and making small but meaningful changes over time can help businesses improve performance management without the pressure of rebuilding everything at once.
In this guide, we’ll explore key stages in the performance management journey, help you identify where your organization currently stands, and share proven approaches to building a more agile and effective performance management process.