If you do a search for “ongoing performance management trend,” you’ll get roughly 1.5 million results going back quite a few years. It’s a theme that continues to catch on from small businesses to global powerhouse companies looking to revamp their approach to talent management, moving away from annual appraisals to something more in tune with the pace of the business.
And this trend towards ongoing performance management is catching on because it works. Consider this excerpt from Willis Towers Watson’s paper, The Power of Three:
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