Transparency in leadership is a growing trend in performance management, and it is quickly becoming one of the most sought-after characteristics that employees seek in an organization.
Fremont, CA: With changing workforces, work structures, and new technologies, performance management is evolving. If organizations are serious about developing their talent, adapting to the current work environment is a must.
Here are some of the most important trends in performance management to keep you up to date on current performance management strategies.
People Analytics is a Need
People analytics are important to 84 percent of HR leaders polled by Deloitte. Having employee performance data allows you to make more informed decisions about your talent. Making strategic people decisions without data can be difficult. Organizations must be able to develop their employees. This is especially true in professional service firms where the services of your employees are what you are selling. People analytics can provide professional services with insight into their employees' strengths, weaknesses, and well-being, allowing them to make better talent and training decisions.
Transparency in Leadership
Transparency in leadership is a growing trend in performance management, and it is quickly becoming one of the most sought-after characteristics that employees seek in an organization. In fact, 52 percent of Gen Z and Gen Y say honesty and transparency are the most important qualities for a good leader. Transparency in the workplace means communicating less via email and through third-party channels. Leaders must show up and become more personally engaged with their employees through face-to-face and/or video interaction on a more frequent basis. Furthermore, leaders should keep their employees informed of good and bad news (without oversharing) and welcome honest feedback to help build trust within teams.
