We are at least 7 years into the performance management “revolution”, and yet, many (rightfully) have a healthy skepticism about whether the new approaches are any better than the old.
Despite myriad articles and case studies about simplified ratings (or no ratings at all), separate performance and compensation conversations, real-time feedback and the technologies that support it, agile goal-setting, and coaching and development as a part of performance management, most organizations would admit that performance management is still a struggle.
So, the question remains — Where are we in the great PM experiment?
RedThread Research has conducted research, sponsored by Glint, to answer this question. This research study focused on:
- Getting the employee point of view: what actually helps them perform better?
- Determining whether getting rid of ratings has illustrated the impact they were expected to have
- Understanding how organizations are balancing performance enablement and management, not just choosing between the two
- Finding out how current performance practices impact employees (satisfaction, commitment, and engagement) as well as organizational outcomes (financial performance, innovation)
About RedThread Research:
RedThread Research is a human capital research and advisory firm, which provides unbiased research on talent management, learning, diversity and inclusion, and people analytics, and the technologies that support them.
Stacia Garr is a researcher and thought leader on talent management, leadership, D&I, people analytics, and HR technology. A frequent speaker and writer, her work has been featured in Fortune, Forbes, The New York Times and The Wall Street Journal as well as in numerous HR trade publications. She co-founded RedThread Research in 2018 after leading talent and workforce research for eight years at Bersin by Deloitte. Before Bersin, Stacia spent approximately five years conducting research and creating learning content for the Corporate Leadership Council, part of CEB/Gartner. She has an MBA from the University of California, Berkeley, and a master’s degree from the London School of Economics.