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Most organizations have a performance management framework in place, yet 80% have redesigned it in the past four years. Research from Gartner has also found that 59% of employees find traditional performance review systems ineffective.
It’s evident that organizations (and HR) are looking for more modern ways to manage performance. This article discusses the elements of a successful performance management framework and how to develop an effective one for your organization.
Contents
What is performance management?
What is a performance management framework?
6 steps to develop an effective performance management framework
Performance management frameworks: 5 real-life examples