{"id":396515,"date":"2020-12-09T09:35:51","date_gmt":"2020-12-09T14:35:51","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=396515"},"modified":"2020-12-09T09:35:51","modified_gmt":"2020-12-09T14:35:51","slug":"new-study-uncovers-how-to-accelerate-performance-management","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/new-study-uncovers-how-to-accelerate-performance-management\/","title":{"rendered":"New Study Uncovers How to Accelerate Performance Management"},"content":{"rendered":"

\nBrandon Hall Group\u2019s 2020 Performance Management Study reveals how the process is broken and provides ways it can be fixed
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Boca Raton, FL, Dec. 09, 2020 (GLOBE NEWSWIRE) — Performance management was broken long before the COVID-19 pandemic. But the pandemic did what years of prior advocacy for performance management reinvention could not: change the focus from evaluations to manager-employee interactions.<\/p>\n

\u201cThe focus on the manager-employee partnership to aid performance may improve the business impact of performance, which remains elusive,\u201d said Brandon Hall Group CEO Mike Cooke. \u201cOn average, only 28% (on average) said it has a positive impact.\u201d<\/p>\n

Brandon Hall Group COVID-19 research shows employees are battling stress, anxiety and distractions while working from home. About 40% of organizations say productivity dropped during the pandemic and employees suffer from burnout and fatigue.<\/p>\n

\u201cManager-employee interactions need to address those things, as well as competency and skills development and career aspirations, both of which get little discussion during current check-ins,\u201d said Brandon Hall Group SVP of Research Claude Werder. \u201cEven the impact of world events on employees gets more discussion than their opportunities for advancement.\u201d<\/p>\n

\n Brandon Hall Group\u2019s 2020 Performance Management Study<\/a> provides a snapshot of the current state, plus actionable insights, strategies and tactics to bridge the gaps and better align PM with business goals<\/p>\n

To view a summary of the 2020 Performance Management Study, click here<\/a><\/p>\n

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-About Brandon Hall Group-<\/p>\n

Brandon Hall Group is the world\u2019s only professional-development company that provides data, research, insights and certification to Learning and Talent professionals and organizations. The best companies in the world rely on Brandon Hall Group to help create future-proof employee-development plans for the new era of work and management.<\/p>\n

For more than 27 years, BHG empowers, recognizes and certifies excellence in organizations throughout the world, driving the development of more than 10,000,000 employees and executives. Our annual HCM Excellence Awards program was the first to recognize and celebrate organizations for learning and talent, and as the industry\u2019s gold standard is known as the \u201cAcademy Awards of Human Capital Management.\u201d<\/p>\n

Brandon Hall Group\u2019s cloud-based platform delivers evidence-based insights in Learning and Development, Talent Management, Leadership Development, Diversity and Inclusion, Talent Acquisition and HR\/Workforce Management for corporate organizations and HCM solution providers.<\/p>\n

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