THE PERFORMANCE MANAGEMENT PROCESS IS BROKEN. Performance appraisals, when done at all, are normally only once or twice a year, and often result in demotivated staff. The process is not transparent, and objectives are locked down for the year without any flexibility relevant to the changing market conditions. As a consequence, it is no surprise that many companies don’t hit their goals.
Hedi Kreuchen, Regional Vice President, Australia / NZ at Saba says that there is a better way. Kreuchen says that performance management must be done continuously, and feedback provided on a weekly basis. Otherwise, like a rocket to the moon that does not adjust its trajectory, your company will miss the moon!
Saba helps organisations transform the way they work by enabling the continuous learning, engagement and development of everyone in their people network, including employees, partners, and customers. Saba delivers learning, performance, succession, career development, workforce planning and compensation solutions that incorporate modern technologies such as social, collaboration, mobile and gamification.