The New Approach to Managing Performance:
From appraising past performance to developing future potential
It's been a business practice for 50 years or more. It's likely here forever – in some form. And, every organization's business performance relies on it. Yet, only a meager few have figured out how to garner real value from the performance management process, generating business results that cause others to pay attention:
- 75% or more of all Key Performance Indicators were achieved in seven out of 10 organizations
- Revenue increased by 1% to 20% or more in nearly 58% of organizations
- Engagement increased by up to 20% or more in nearly 45% of organizations
- Voluntary turnover decreased by 1% or higher in more than a quarter of organizations
How did they do it? In this session, Brandon Hall Group's Laci Loew, VP and Principal Analyst Talent Management Practice will:
- Explore today's performance management drivers, challenges and philosophies
- Share a proprietary framework for transforming to a new approach
- Present the business value of adopting the new approach
- Describe success levers of the new approach
Please join this interactive webinar to learn the secrets of top-performing organizations that have transformed the review process.