Organizations with a high-impact, effective approach to performance are 1.4x more likely to meet their financial targets and nearly 5x more likely to effectively manage change.
Unfortunately, research has shown that 95% of managers are dissatisfied with performance reviews, and only 13% of employees find the performance review process useful.
It doesn’t have to be this way. An effective and continuous performance management process can be a game-changer by enabling you to track employee achievements centrally, at speed, and report on results seamlessly.
Moreover, rather than having to rebuild everything at once, a continuous approach empowers you to make meaningful changes over time – ultimately empowering your organization to improve responsiveness, agility, and execution.