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Showing posts from December, 2017
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Changing Trends: Performance Management in the global Context Performance Management is a Strategic Human Resource Management process Importance of performance management (PM) cannot be underscore, HRM professional and industry leaders consider as a vital part of SHRM. It contributes to enhance of high performance, motivation, job satisfaction and retention of people. Nevertheless, it comes with many challenges and problems to the practicing manager and the organization. Traditional PMS should be Ejected Today many HRM professional even consider ejection of traditional PM to new flexible schemes as the old rigid performance management systems don’t achieve the expected results. Companies such as Google, Accenture and Microsoft have change their performance management schemes to more flexible regular appraisal systems to achieve organizational objectives and motivate employees. () Among the improvements suggested are for a system of continuous appraisals not just one a ...