The latest performance management trend — will it incentivise?

There has been a lot of debate recently among HR practitioners and companies about a revolutionary trend in performance management. It is a possible alternative to laborious and largely ineffective performance management processes and systems in place at many organisations today, says Nishant Mahajan.

There has been a lot of debate recently among HR practitioners and companies about a revolutionary trend in performance management. It is a possible alternative to laborious and largely ineffective performance management processes and systems in place at many organisations today, says Nishant Mahajan.

This new trend proposes three main tenets.

  1. Make performance management forward looking (development focused) instead of backward looking (assessment focused).

  2. Make the feedback more regular (weekly, monthly, project-based, etc) instead of merely at the time of the annual appraisal.

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