I was invited by Otti Vogt and Antoinette Weibel to give an introduction to changes and evolution in performance management as part of a meeting to kick off a project to reinvent performance management to make business flourish, linked to related work on good leadership, and the HR Congress Horizon Summit.
I was delighted to accept Otti’s invitation and to share the recording I made for the project below.
Key Topics Covered
- The video discusses using objectives and principles to inform the design of an effective performance management system for an organization.
- It notes that the main objectives for performance management are often focused on learning and development, differentiating rewards, or executing strategy – rather than primarily on keeping people motivated.
- The video suggests that if the goal was to design a process to help people and organizations truly flourish, it would likely look quite different from traditional performance management approaches.
- I discuss what exploring what a “flourishing-focused” performance management system might entail, and hopes that Otti’s project will explore this area.
What Viewers Can Learn
In addition to the insights covered earlier, I also cover:
- Frameworks and best practices for using objectives and design principles to shape an organization’s performance management approach
- Perspectives on the common goals and limitations of traditional performance management systems
- Ideas and inspiration for rethinking performance management to better support employee and organizational flourishing
- Potential directions that innovative, “flourishing-focused” performance management systems could take.
Next Steps
I hope you found the presentation useful and if you’re interested in going into this in more depth, please follow the link Strategic HR Academy’s Performance Management Re-engineering course and study group, which particularly features some of the main case studies of organisations that have fundamentally changed their approach.
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