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Continuous Performance Management: Evolution or a revolution?

Continuous Performance Management: Evolution or a revolution?

According to a 2018 Forrester paper, “those with monthly or continuous performance processes are 1.4 to 1.5 times more effective at engaging and retaining employees than those with annual processes.” So, how do you marry the need for long-term reflection with regular and meaningful discussions? The point about performance management is that there is no one-size-fits-all approach. It requires a nuanced approach that considers the unique needs and culture of your organization. Rethinking performance management is a top business priority for many companies today, leading to an evolution in the process of annual or quarterly performance reviews. But is it an evolution or a revolution?

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Vipul Mathur, Chief Busines Officer, PeopleStrong
Chandrashekhar Chavan, Chief Human Resource Officer – Aditya Birla Fashion and Retail Ltd, Aditya Birla Group
Geethaa George, Executive Vice President HR at HDFC Bank Limited

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