Old-school approaches to performance management can be demotivating, uninspiring, and make people want to give up. Recent surveys have found that less than half of employees feel like the way they are evaluated is fair, transparent, or helps them develop. In 2014, only 8 percent of companies report that their performance management process drives high levels of value, while 58 percent said it is not an effective use of time. It’s time to make the case for change and redesign performance. Research shows that organizations with employees who are more satisfied with their company’s approach to performance management are: more likely to meet their financial targets revenue growth.

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