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Performance management should be ongoing not episodic from "summary" of Best Practices in Talent Management by Marshall Goldsmith,Louis Carter,The Best Practice Institute

Effective talent management thrives on a continuous dialogue between leaders and employees. This approach recognizes that performance discussions are not merely annual events but should be woven into the fabric of everyday work life. By fostering ongoing conversations, organizations can create a culture of feedback that encourages growth and development. Regular check-ins allow managers to address challenges as they arise, rather than allowing issues to fester until the next formal review. This proactive stance not only enhances individual performance but also strengthens team dynamics. When employees receive timely feedback, they can adjust their strategies and behaviors in real-time, leading to improved outcomes. Making performance management a consistent practice helps to align individual goals with organizational objectives. When employees understand how their work contributes to broader company aims, their sense of purpose and engagement increases. This clarity motivates them to perform at their best, knowing that their efforts are recognized and valued. Training managers to engage in ongoing conversations reinforces the importance of relationship-building. These interactions can take various forms, from informal chats to structured feedback sessions, ensuring that performance discussions feel organic rather than obligatory. The emphasis should be on creating a supportive environment where employees feel comfortable sharing their thoughts and aspirations.
  1. Employees begin to see it as an opportunity for development. This shift in perspective can lead to a more resilient workforce, eager to embrace challenges and learn from experiences. Ultimately, integrating performance management into daily practices results in a more agile, responsive organization equipped to thrive in a constantly changing landscape.
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Best Practices in Talent Management

Marshall Goldsmith

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