Performance management is broken, such is the conclusion from Deloitte’s Global Human Capital Trend 2014 research:
‘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.’
Many Leaders, HR and Employee Engagement professionals worldwide echo the findings of this research and fear that ‘new-age’ initiatives such as employee wellbeing and digital enablement will not get off the ground if more fundamental issues such as effective performance management is not championed by leaders and embraced and implemented by managers and employees alike.
The purpose of the Performance Management TAG is to explore the failings of current performance management processes and to understand why performance management itself seems to be ‘underperforming’ businesses, particularly in the UK.
If you're interested in joining this TAG, please get in touch by clicking on the 'contact' tab below.
initial research findings
From the initial research that has taken place, the group have published their initial findings and were delighted to be invited to present these as part of the CIPD Applied Research Conference. To see more on their initial findings click here.
The group are interested in working with more organisations to understand more about the topic and the potential interventions to help make performance management more engaging. This can be through a short series of 1-1 interviews or through a broader survey approach. Whichever option you choose, this confidential free consultancy by our experienced practitioners will provide insight into how engaging your performance management is whilst providing a broader understanding to others through this collaborative research.
To find out more or to join the group please navigate to the contact tab below.