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Showing posts from May, 2020

Why Does an Organization Need Performance Management for Business?

What is Business Performance Management? •    Welcome To the 21st Century You can either go big or go home nowadays and it is the same with business. We are in the future and the future is a ruthless machine that turns the best businesses into rubble. If you want to survive in the market today you need to do something entirely new and different. Companies that harbor CEOs working on the ground level with their employees and charting out ideas for growth and engagement are the ones climbing the steep ladder that is the business world. What does being engaged with them mean? It does not only mean being involved in the ruthless hiring process but also being with them every step of the way, till they are fired or promoted. It means a round the clock monitoring of what every employee in your organization feels and does. Up to the challenge? •    Performance Management Definition Imagine a tree. Done? Now imagine a trunk. That trunk is you. The fruit is your profit and

Performance Management: Concepts and Definitions

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The rise of the “Corona” pandemic has made it so every individual on the face of earth cannot escape its grasp. What with it being the age of technology, Corona has brought us all together while tearing us all apart. As technology works its magic and businesses learn to cope in a time way different from the one they grew up in, business management becomes more relevant than ever before. The question that irked many managers was that of how one could manage a group of employees working from their tiny cubicles day in and day out , going back home with the same attitude that managers then had to fix. Providing appraisals, appreciation, bonuses and much more, these managers left no stone unturned when it came to boosting their employees’ morale in the name of management. However, the pandemic we all are facing makes it extremely difficult for one to manage employees as they sit behind their screens in the comfort of their homes day after day. What Does Management Mean? In orde