What future do you envision for the performance management process in organisations? How use of technology is going to change/revamp it?
DB The future of performance management in Indian organizations is poised for a significant transformation, largely driven by advancements in technology. Traditional performance management systems, often characterized by annual reviews and rigid structures, are gradually giving way to more agile, continuous, and data-driven approaches.
One major trend shaping the future of performance management is the integration of technology. The use of digital tools and platforms is revolutionizing how organizations track, evaluate, and improve employee performance. AI-powered analytics, for instance, enable real-time monitoring of employee progress and provide insights into areas for development. Machine learning algorithms can analyze vast amounts of data to identify patterns and predict future performance trends, allowing organizations to make proactive interventions.
Furthermore, mobile applications...
