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Continuous Performance Management

Posted On: 23/04/2020

Embracing a continuous approach to performance management is much more effective than the more traditional annual appraisal which tries to achieve so much in just one meeting.

To discuss an individual’s performance only once a year is not enough. Annual appraisals can demotivate employees as they remove opportunities to give praise, they don’t address negative behaviours at the time when support should be offered, and they focus heavily on the past.

In this blog we’ll be delving deeper into why the annual, or quarterly, appraisal is no longer effective in today’s fast-paced workplaces, as well as inform you of the key continuous performance management principles to follow to get the most out of your workforce.

Performance Management

Before we start, let’s remind ourselves of what performance management is. Its fundamental purposes are to:

Why organisations should say goodbye to the annual appraisal 

According to research carried out last year by Gartner, a global research company:

With annual appraisals clearly not adding value, and not being a good use of time, it’s time to shift to a more meaningful way of managing performance in the workplace.

Continuous Performance Management 

Continuous performance management is the frequent meaningful discussion between employee and manager.

Research has proved that organisations who review their employees’ goals every month are more likely to perform well financially.

How to implement continuous performance management

If your organisation is yet to implement this style of performance management, here are some great tips for you to follow:

We’re Here To Help 

If you require support with your performance management strategy, please get in touch with our team of HR professionals on 0161 941 2426.

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What Our Clients Say

“Following our management buyout in 2013 we had no in-house HR expertise to call on. We secured the services of P3PM at that time to ensure we had the right level of knowledge and operational HR experience to manage this major change project. Their work was first class, to the extent that we retained their services to lead all of our day to day HR activities, in addition to providing strategic leadership on people related initiatives. During that time we have successfully completed fundamental changes to our operational model, enhanced our HR policies, improved employee satisfaction and gained Investors in People accreditation. We could not have achieved this work without the engagement and support of the team at P3PM. ”

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