The Evolution of Performance Management
Performance Management is one of the fundamental HR processes. Traditionally the focus of Performance Management was mainly on assessing past performance. Today’s Performance Management has evolved into a much more continuous and forward-looking process, putting (future) performance improvement at the centre. The Performance Management approach should be fit-for-purpose for the various employee groups, it needs to provide clarity and direction towards goals (not only once or twice a year, but on an ongoing basis).
As a Top Employer 2019 in South Africa, EY share their insights and best practice for Performance Management. The organisation’s mission states that “EY is committed to doing its part in building a better working world” – and you can see this in their fresh approach to Performance Marketing. Performance Management is well embedded in the culture of EY and their day-to-day operations, rather than being approached as an annual event.