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13 Practical Performance Management Strategies To Implement (In 2024)

AIHR

Performance management strategies are crucial for driving results. Gallup and SHRM found that under 20% of employees find their performance reviews inspiring, and 95% of managers are dissatisfied with their organizations’ review systems. It’s clear that performance management is effective.

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What is Performance Management – The Purpose and Importance

Keka HR Blog

This reveals the power of smart performance management. All these, along with issues like multi-generational workforce, skill gaps , and equity concerns, play a greater role in performance management now more than ever. Companies that implement such systems see turnover drop by 25%.

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Your Ultimate Guide To Continuous Feedback (Plus Tools To Use)

AIHR

A clear framework that includes goal setting, performance reviews, continuous feedback, and rewards motivates employees to perform at their best. In fact, 77% of employees who receive continuous feedback say their companys performance management system motivates them.

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9 Real-Life Performance Goals Examples (for 2025)

AIHR

Hold leadership accountable: HR must hold leaders accountable for their roles in performance management in order to drive organizational performance and set the tone for the company’s culture. 9 real-world performance goals examples What does setting these goals look like in practice?

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How to Make the Case for Continuous Performance Management

Reflektive

Performance reviews are going out of style. Adobe uses check-ins , J.P. Morgan launched real-time feedback, and Accenture led the way back in 2015, citing bad ROI as the determining factor for eliminating its ratings and annual review program in favor of continuous performance management. Determine Success Metrics.

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How to Quickly Improve Any Performance Appraisal System

DecisionWise

Performance Reviews Need Help. In a recent survey conducted by Adobe, 88% of the survey participants indicated they were part of a performance appraisal process. This same study found that managers in these programs spent, on average, 17 hours per employee preparing for their performance reviews.

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How to Transform Performance Management: Insights and Best Practices from Engagedly

Engagedly

While it is clear that each of these functions plays an important role in an organization, there is no function of HR that is as hotly debated as the performance management function. The pendulum swings wildly when it comes to deciding whether performance management should play a big role in an organization or not.