Today, there’s somewhat of a crisis of confidence in the way that industry evaluates employee performance. One piece of recent research showed that only 6% of organizations think their performance management processes are worthwhile.
Many companies have undergone a move away from traditional, metric-based performance assessment in recent years. Sometimes this is because they have been found limiting. Sometimes because it was found that employers and managers are too easily inclined to simply ignore them, if their findings don’t line up with their personal “gut feeling” on who they like or dislike.
The fact is that as the nature of work has changed, the behavior of workforces has shifted to match this. Organizations have become larger and more complex, and smaller operations are more likely to work with networks of partners. The efficiency or inefficiency of a worker in today’s knowledge economy simply is difficult to assess using in traditional, metric-based assessments. READ MORE