In the recent past, led by companies like Google, many organizations have started talking about the death of annual appraisal and the dawn of continuous performance management. In theory, the annual appraisal process never discouraged individuals from providing continuous feedback. What’s changing now is that organizations are mandating continuous performance management as a process. So, if an organization is deciding to make the switch from an annual to a more regular performance review culture, it is a behavior change and hence requires managers and employees to pull multiple levers to make the change work and more importantly to stick around.
But before we go forward, let’s take a step back and look at some of the fundamental lessons learned through the years of research on performance management process.
What do we see? Are these lessons invalid now? How do we incorporate those in the continuous performance management process?
Companies and individuals now expect these lessons to be embedded in the overall performance management process. This means that HR should now be focusing on not only what elements of these should be incorporated into the overall process but also how to design the process to make this more engaging and less cumbersome for employees and managers.
The real challenge is not designing the process with its multiple aspects but getting it implemented and having more and more people use it for its intended purpose.
So what are the aspects that one needs to look at while evaluating a technology solution for your revised performance process? Here are a few tips:
These are simple questions to ask but very tough to answer and even tougher to execute. But if you have to up the game of performance management for your employees and managers, make sure to choose the right system that is simple, flexible and needless to say Continuous!!
Looking for a system to implement continuous performance management? Schedule a demo with us.
Setting up Employee Recognition program is a great way to build a winning culture in an organisation - so if you don’t have one, here's what you need to get started - Download the Rewards and Recognition Starter Kit here.