
10 Reasons Why Annual Reviews Are No Longer Enough
Learn 10 ways we have outgrown traditional performance management. If they feel familiar, you may want to explore whether your current performance management technologies need an overhaul.
As the business environment rapidly evolves, many organizations are looking for guidance on the most effective ways to operate in the new world of work. Adapting to this constant disruption requires a new, agile mindset and rethinking traditional processes and policies.
Here’s why the shift to agile is necessary: A recent study from executive search firm Odgers Berndtson shows only 15% of executives worldwide have confidence in their company’s ability to manage disruption such as pandemics, technological advances, shifting demographics, and climate change. Kester Scrope, chief executive at Odgers Berndtson, advises: “Agility is key, both at the organizational level and in the individual characteristics of leaders inspiring confidence.” Further, research from McKinsey & Company shows agile organizations have a 70% chance of being in the top quartile of organizational health, the best indicator of long-term performance.
Unilever recently organized a one-day event, NeovationX 2020, to collaboratively address this concept of agile with leaders across multiple industries. This executive brief covers key insights and research from Workhuman® and thought leaders from this event on how to bring a more agile mindset to HR.
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