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Talent Management vs. Performance Management: What’s the Difference?

Extensis

Quick look: While the terms talent management and performance management are often used interchangeably, they play different (yet equally important) roles in a company’s human resource function. While the two terms may seem similar, they represent distinct approaches with unique objectives.

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Using the 9-Box Grid Performance Management Strategy | ClearCompany

ClearCompany HRM

Your HR team can close skills gaps and help your employees grow using the 9-box grid to categorize A-players, guide learning and development efforts, and map out succession plans. The 9-box performance grid, pictured below, is a framework for categorizing employees based on a combination of performance and potential.

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Top 10 Succession Planning Tools and Software

Digital HR Tech

A rapidly aging workforce and a growing need to upskill people make succession planning – and therefore the use of succession planning tools – increasingly important. As a result of these changes, succession planning – and the tools that go with it – become more and more important for companies.

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14 Best Performance Management Systems of 2024

Terryberry

Performance management systems turn stereotypically tedious employee reviews into data-backed growth narratives. Finding that system is easier said than done, but that's why we're here to help. Below, we've compiled a list of the best performance management systems in 2024. Everyone wins.

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How To Develop A Performance Management System That Works?

Hppy

Are you frustrated about your current performance management system not helping you retain top talent or improve employee morale? Don’t worry, you’re not alone, 88% of organizations find traditional performance management ineffective and outdated. However, it’s not all bad news.

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Ensuring Continuity: Succession Planning Strategies for Professional Services

Extensis

Quick look: Professional service firms depend on executive and managing teams to keep their business competitive and workflow successful. Investing in a succession plan enables companies to overcome gaps in leadership and encourage talent nurturing among current employees.

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What is the Difference Between HRM and HRD?

HR Lineup

Human Resource Development (HRD): HRD, on the other hand, is a subset of HRM that focuses specifically on developing employees’ skills, knowledge, and abilities to enhance their performance and potential within the organization. HRD is more proactive and forward-thinking, aiming to foster continuous learning and growth among employees.