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Deutsche Bank may cut up to 20,000 jobs
Jobs

Deutsche Bank may cut up to 20,000 jobs

Deutsche Bank plans to cut 15,000 to 20,000 jobs, or more than one in six full-time positions globally. – The Wall Street Journal The layoffs would probably take place over more than a year and would spread across regions and businesses, the Journal said. Top-level talks about the restructuring took place on Thursday and Friday, but no […]

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Gig Economy- Performance Management Perspective
Performance Management System

Gig Economy- Performance Management Perspective

The concept of work is experiencing an unprecedented seismic shift. The demographic change, craving for higher cognitive ability and increase in automation have given emergence to many new business models. The emergence of GIG economy is one of the most important and rising trends; also known as the “flex economy” or “mobile economy.” Shift in […]

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Harassment at Workplace- An Employee Relations Perspective
Culture & Behaviour

Harassment at Workplace- An Employee Relations Perspective

The business continues to evolve with the advent of technological advancements and innovative methods of finding a customer needs and reaching them. Due to this phenomena, in the last 10 years we have witnessed rapid changes and some global organizations become extinct due to their inability to sense the disruptions and velocity of change which […]

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Why Performance Appraisals are dying? And what is the future?
Performance Appraisal

Why Performance Appraisals are dying? And what is the future?

Performance Management and appraisals has been a topic of several discussions debate and research over the last decade. Since 2012, when Kelly Services decided to drop appraisals, it became the year where one of corner stones of good HR- Performance Management was challenged. From 2012- 2019, as Josh Bersin says 70% of global organisations are […]

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Developing Performance Review Systems in New World of Work
Performance Appraisal

Developing Performance Review Systems in New World of Work

One of the most effective ways to motivate your employees is to have a sincere and accurate appraisal system. Employees who feel recognized and valued are more likely to go that extra mile to help an organization achieve its objectives. A well-constructed performance management system can boost employee morale, reduce turnover, and inspire teams to […]

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Role of KRA/KPI in Performance Appraisal and How to set them for Employees
Performance Appraisal

Role of KRA/KPI in Performance Appraisal and How to set them for Employees

In today’s disruptive world where change and innovation has taken the center stage of driving the business, organization performance is measured with a close lens for its sustenance and growth. It is in this context that the organizations are driving towards becoming a high performing organization and aligning all functions with measured KPIs and KRAs […]

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Strategies to Re-engineer Performance Management System
Performance Appraisal

Strategies to Re-engineer Performance Management System

“People in many organization are always attached to the obsolete – the things that should have worked but did not, the things that once were productive and no longer are.” – ― Peter F. Drucker To start with, performance management was created to manage (i.e. control) the work of an industrialised workforce to maximise output. […]

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Challenges with Current Performance Review Systems and Future of Appraisals
Performance Appraisal

Challenges with Current Performance Review Systems and Future of Appraisals

It is no secret that many traditional performance appraisal processes fail to meet employees’ most basic needs for receiving feedback, coaching and recognition. Over a decade or so, Performance appraisal has transitioned from being called as ACR (Annual Confidential Reports) to performance appraisals to now being called as Performance Management. Although there is a change […]

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Finding Meaning in Work
Culture & Behaviour

Finding Meaning in Work

High performing organisations are always built by great talent and it is important to continuously listen to their views, perspective and engage as much possible to ensure talent is well aligned with business realities and perceptions are managed equally from both the sides. Let’s have a look into few situations from some our workplaces: Not […]

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In Conversation with Abhijit Bhaduri on Performance Management
Human Resources

In Conversation with Abhijit Bhaduri on Performance Management

Abhijit Bhaduri is an Author, Columnist, Digital Transformation Coach and a talent management expert. He works with organization on leadership development strategies and coaches high potential leaders and CXOs. He is the Founder of Abhijit Bhaduri & Associates, a boutique firm that specializes in the area of Leadership and Culture. Forbes describes him as “One […]

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Top Challenges and Essentials of an Unbiased Reward and Incentive System
Performance Management System

Top Challenges and Essentials of an Unbiased Reward and Incentive System

With rapidly changing dynamics in business models, structures and with the advent of new technologies and social media, organizations do grapple with the idea to revisit their reward and incentive schemes. On one hand, the traditional reward and recognition mechanisms like cash incentives, promotions, annual/quarterly performance awards, long term incentives etc are prevalent in most […]

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Performance Appraisal Models: Which One is Better?
Performance Appraisal

Performance Appraisal Models: Which One is Better?

Time immemorial, evaluating one’s capabilities and working on areas to improve has been a major area of individual development and grooming. All historical writings are full of examples of mentoring, experiential learning and coaching by wise men. Therefore there will always be reference to and discussion about performance and its evaluation. Over last many years […]

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