A process that involves continuous feedback and communication between a manager and an employee to identify, measure and develop the performance of employees across the organisation.
Moving from the traditional once-in-a-year appraisal towards continuous performance management enables employees to achieve their fullest potential. Ongoing feedback, regular check-ins, and recognition moments are what companies need to adopt today. Digital KPI setting tools and project management tools to track output is another way of ensuring that employees are putting their efforts in the right direction. What is required today is a more customised rather than a one-size-fits all performance management approach.