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9 Common Pitfalls to Avoid in Performance Management
Jolt Your HR Knowledge: Dynamic Trends and Strategies for the Modern Workplace
❌ 9 Common Pitfalls to Avoid in Performance Management
Performance management can make or break your team’s success. In this must-read article, we uncover the top pitfalls that HR leaders need to avoid to ensure their performance management system is fair, effective, and motivating. From the dangers of over-relying on annual reviews to the impact of bias in evaluations, learn how to fine-tune your approach for better results.
👨👨 HR Trend Spotlight: No HR Team at Telegram
Telegram CEO, Pavel Durov, who was arrested in France, has revealed that his app has only 30 engineers and no dedicated HR team. With more than one billion users, Telegram is one of the most popular messaging apps in the world. Given the recent arrests, Durov’s interview with Tucker Carlson in June is going viral, where he was seen bragging about his app’s efficiency despite having so few employees.
🎧 HR Insights
In this episode of HR Break Room, Paycom’s director of HR business services, Tiffany Gamblin, and Sharlyn Lauby, president of HR consulting firm ITM Group discuss the role on women in leadership and how organizations can support them. They talk about the unique perspectives that women bring to organizations to help provide a competitive edge in today’s globalized business environment.
💡 HR Tips & Tricks
Tip of the Day: To boost productivity during meetings, introduce a "stand-up meeting" once a week. These brief meetings, where everyone remains standing help keep discussions concise and focused, leading to more efficient decision-making.
Trick of the Day: Encourage employees to use the "two-minute rule" for tasks. If a task can be completed in two minutes or less, do it immediately rather than postponing it. This simple trick can help reduce procrastination and keep work flowing smoothly.
🧾 HR Case Files: Improving Performance Management at Deutz
Deutz AG, a leading German engineering company, recognized the need to improve its performance management processes and partnered with Lanteria to optimize its HR systems. The collaboration focused on implementing a comprehensive performance management solution that would enhance employee engagement and streamline the review process.
Key Takeaways
Right Tools: Effective performance management requires the right tools and strategies to align employee goals with organizational objectives.
Improved Processes: Streamlined processes can increase transparency and engagement within a company.
Goal Alignment: An efficient performance management system can better align employee goals and organizational objectives.
🧰 HR Toolbox
Stay equipped with the latest HR events and resources.
Resource of the Day
Research published in the Sustainable Development Goals Review Journal emphasizes the evolving role of human resources in promoting sustainability within organizations. This study explores how HR can drive sustainability initiatives by integrating sustainable practices into talent management, employee engagement, and organizational culture. It highlights the importance of HR professionals understanding and implementing strategies that align with global sustainability goals, ensuring that businesses contribute positively to environmental and social outcomes
Event of the Day
The upcoming 2024 Asia HR Conference, hosted by BIPO Service on September 2-3 2024 in Singapore, will gather HR professionals from across the region to discuss the latest trends, challenges, and innovations. The event will feature expert speakers, panel discussions, and workshops on talent management, digital transformation in HR, and the future of work in Asia.
Click here for more information and to register.
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