Guide

Raising the Standard for Performance Management: How to Align Development and Compensation with Business Strategy

Raising the Standard for Performance Management: How to Align Development and Compensation with Business Strategy

Pages 18 Pages

This comprehensive guide critiques traditional annual reviews and presents an eight-step framework to modernize performance management. Key steps include separating development from compensation conversations, eliminating forced ranking, hosting focus groups, incorporating peer feedback, aligning rating scales with strategy, and proactively mitigating bias. The ebook emphasizes continuous feedback and employee-centered design to improve engagement, transparency, and alignment. By rebuilding and rebranding performance processes, organizations can better connect individual growth to strategic business outcomes.

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