Performance Management: modern performance management techniques, including feedback culture and goal-setting frameworks

The traditional ways of working like annual reviews are getting obsolete in our fast paced work environment. At its best, modern performance management incorporates continuous feedback, clear goal-setting frameworks, and focuses on the employee experience to provide growth, and productivity . Feedback Culture: The Cornerstone of Evolution A strong feedback culture is characterized by ongoing discussions between employees and their managers. Light, effective feedback- Both positive and agnostic. A ssures staff members real time they are on target or help them adjust course while affirming strong contributions. 360-degree feedback - Feedback from peer s, subordinates and supervisors. B ecoming a popular platform for holistic performance insights. During this process, it is crucial to foster psychological safety whereby employees are encouraged to share and receive feedback without fear of retribution. This habit builds trust and ...