A robust performance management system is crucial for an organization to sustain and thrive by focusing on improving the performance of individuals, teams, and departments. Managing employee performance and engaging the workforce can retain the high performers and fuel innovation. The system should create an open and transparent culture with no bias to make the employees feel valued. Driving performance and engagement is a faster way to grow and develop.
Thus, the modern-day performance management system has revolutionized the way business is done and employees are looked at. Cherished employees keep your customers happy and increase the profitability of your organization.
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