Top 8 On The Job training Methods
Placing your bets on internal training and development will always win over paid campaigns and advertisements. In today’s competitive market, a significant proportion of revenue is generated from well-trained and motivated employees. The growth and development of an entity rely on the employees’ abilities to acquire skills and positive behaviors and retention of knowledge along […]
How to Develop a Performance Management System?
The performance management process is nothing but a collaborative and communication-based process where the employees and management of an organization work together, plan, monitor, and review the business objectives, long-term goals, and comprehensive contribution to the company. The performance management process is continuous and has regular sessions with the involvement of both management and employee […]
Steps to Improve Performance Management in an Organization
How would you know what you are lacking if there is no evaluation? How do you improvise if you do not identify the lags? An evaluation of any character guides the next steps in any process. As far as the principles of performance management are concerned, they offer the same idea. If you do not […]
What Is 360 Degree Performance Appraisal?
360 Degree Appraisal is one of the modern methods of performance appraisal and is known to be the biggest support system to business organizations for determining how an employee performs. It is also known as Multi-rater Feedback System or 360 Degree Feedback System. Initially, a lot of MNCs adopted a 360 Degree feedback mechanism where […]
How is Performance Management different from Performance Appraisal
Performance Management and Performance Appraisal are the tools that aren’t yet pursued by many business organizations because of which these two terms are frequently used interchangeably but of course, this is incorrect. Performance Management and Performance Appraisal are significantly distinct from each other. Let’s understand them in detail and see how Performance Management is different […]
Empowering Your Workforce Through Performance Management
In today’s technologically enhanced world, performance management has successfully proved as quite a useful process in managing the activities, engagement, and output of the employees. Let’s see how. What Is Performance Management? Let us first understand that organizations intervene in the complex process of structuring, planning, expectations, and monitoring. Traditionally, it was a time-consuming, descriptive, […]