In a recent study from the Institute for Corporate Productivity (i4cp) called Creating a High-Performance Culture
, only 28%
of respondents from high-performance organizations indicated that they are effective at performance management, compared to only 6%
of those from lower performers.
Ignore the hype on abandoning performance management
Performance management isn't going away. It may get renamed, but the concept of evaluating and improving employee performance is permanent and universal. What is becoming better refined are the methods that are used to achieve those goals. The infographic below highlights the four key findings from this study.
This i4cp performance management report is available exclusively to i4cp members. Non-members, can download a preview edition
Additional infographics are available on i4cp's Pinterest page at pinterest.com/i4cp