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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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Performance Management: Design a Modern Process That Creates Results

HR Bartender

(Editor’s Note: Today’s article is sponsored by our friends at Primalogik , a cloud-based performance management solution that provides a flexible way to manage employee reviews, 360-degree feedback, goals, and engagement surveys. One of those activities is performance management. Enjoy the read!).

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Lattice launches new AI features for performance management and employee surveying

HR Brew

One of those features, “Key Driver Analysis,” builds on an AI tool the company launched in March that used generative AI to summarize comments from employee engagement surveys for people pros. The new tool uses AI to synthesize top themes revealed in survey data, relying on both open-ended feedback and engagement scores.

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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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Continuous Improvement - Flipping the Script on Your Coaching Culture

Speaker: Jordan George, Director, Leadership & Talent Development

But this isn’t exactly news: even back in 1997, a SHRM survey found that only 5% of companies were “very satisfied” with their performance review process. In 2012 – 15 years later – another SHRM survey found 45% of HR leaders thought reviews were a poor gauge of a worker’s performance.

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Is Continuous Performance Management Here to Stay? Absolutely.

Cornerstone On Demand

Fast forward to today when the idea of continuous performance management is starting to take center stage. For instance, in 2015, 58 percent of HR leaders described their performance management process as an ineffective use of time. Workers want their managers to develop and guide them, not tell them what to do.

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For unbiased performance management, employees prefer ‘bots over bosses’

HRExecutive

The use of artificial intelligence in performance management continues to be debated, but studies show that demand for AI in this area is coming from an unexpected place: employees. Emily Rose McRae, senior director analyst at Gartner, says HR leaders need to recognize that the “performance of performance management is low.”

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5 Culture Trends for 2019

As we approach 2019, major shifts in the work environment will continue to affect the ways companies do business. Companies that are looking to attract, engage, and retain top talent should leverage these trends to create workplaces where employees thrive.