Korn/Ferry International
Performance Management Transformation Strategies
Pages
4
Time to read
10 mins
Publication
Language
English
Pages
4
Time to read
10 mins
Publication
Language
English
This guide outlines strategies for transforming performance management (PM) systems to enhance effectiveness and employee experience. It identifies four key elements that differentiate successful organizations: clarifying the purpose of the PM process, enhancing employee experiences, avoiding the 'Do More' mentality, and being intentional about desired behaviors and culture. The document emphasizes the importance of defining the purpose of PM to improve future performance rather than merely evaluating past achievements. It discusses the need to focus on employee experiences, highlighting how interactions with leaders can significantly impact retention and engagement. Additionally, it addresses the detrimental effects of pushing for increased performance without considering employee capacity, advocating for a supportive approach that fosters open communication about workload. Finally, the guide stresses the necessity of aligning PM systems with the desired performance culture, using data to inform decisions and avoid unintended consequences in behavior promotion.