Have Traditional Performance Management Systems Failed?

Every business claims a performance management plan. However, not every business can explain its effectiveness, so perhaps it is time to breathe new life into performance management
— By Sharon Ross

Performance management is often treated like a stagnant concept. A plan is put into place, and it is never revisited. In the meantime, generations come (think millennials) and go (think baby boomers) and the same tired plans are maintained. Is it any wonder employees are not engaged or buying into the business strategies? A performance management plan that is not kept relevant to the workplace and business environment is not much of a plan.

Performance management is an approximately 60-year-old concept. Originally designed to determine peoples’ compensation based on employee behaviours, the goal was to use money to drive specific outcomes. This worked well for people who were only interested in money, but that was soon replaced by programs that...

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