Most companies spend hundreds of hours on their performance management process but do they really get the outcome that can justify the hours put in?

In a public survey Deloitte conducted recently, 58% of the executives questioned believe that their current performance management process drives neither employee engagement nor high performance. Like many other companies, Deloitte relies on once-a-year reviews, 360-degrees-feedback tools, employee climate surveys, etc. All are processes that point back in time although work is very much happening real-time.

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