hrtechoutlook
JULY 2018HR TECH OUTLOOK6Performance management is one the core functions of the human resources department, aimed at promoting and improving employee effectiveness. It is not just the monthly review of performance, but a continuous process that defines the objectives, assesses the progress and provides on-going coaching and feedback to ensure that employees meet their objectives and career goals. Having a robust performance management system in place is one of the significant aspects for the success of a company in the hypercompetitive market.The way enterprises carry out performance management has drastically changed over the years. Even though traditional tools like spreadsheets provide the ability to process and interpret large amounts of employee data for better decision-making, they are proven to be error-prone, slow and labor-intensive to uphold. Moreover, companies today need to perform a 360-degree evaluation of performance, taking into account self assessment and peer reviews. The need of the hour is a system that can meet these requirements with speed and agility. The advent and proliferation of advanced technologies such as analytics and business intelligence are taking the capabilities of performance management tools to a whole new level. Today's performance management solutions integrate with BI and analytics tools to address multiple aspects around the workforce. These tools alleviate a large amount of the work involved with performance evaluations. They also facilitate constant feedback, conversations, and performance to align with goals and recognition--all in real-time.In this scenario, our goal with this edition is to highlight the best-of-breed performance management solution providers in the market. This edition also blends thought leadership from subject matter experts with real stories on what selected vendors are offering their clients, including exclusive insights from CIOs and CXOs. Write us your thoughts.Enabling a Work Culture Driven by Performance Hanna WilsonManaging Editoreditor@hrtechoutlook.com JULY - 10 - 2018Performance Management SpecialContact Us:Phone:+1 (510)-996-5123 Fax:510-894-8405Email:sales@hrtechoutlook.comeditor@hrtechoutlook.commarketing@hrtechoutlook.com HR TECH OUTLOOK July - 10 - 2018, Volume 04, Issue 06 Published by ValleyMedia, Inc. To subscribe to HR Tech OutlookVisit www.hrtechoutlook.com Managing EditorHanna WilsonEditorial StaffSalesArjit SarkarAaron PierceAva Garcia Joshua ParkerPhilo VazRussell ThomasVisualizersJohn GouthamEditor's NoteRichard Watsonrichard@hrtechoutlook.comCopyright © 2018 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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