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Betperformance company12/11/2023 ![]() HR needs to ensure business viability and longevity of current trends by installing a robust performance management process in place, even as it struggles to leap out of the economic inertness left by the pandemic worldwide. ![]() Many business and HR functions have been totally revamped after being in disarray for a considerable period. ![]() Performance management will be key to restructuring and reorganizing businesses, employee recruitment and retention, cost management and optimization, and learning and training development.Ĭovid-19 has been a huge disruptor and a definite game-changer throughout the global economy. HR leaders have been tasked with responsibilities that are pertinent to the situation and demands of the new normal (replanning KPIs, appraisals, etc.). The devastating impacts of the Covid-19 pandemic on the economy, business continuity, employment prospects, etc., have once again made performance management a key flagbearer of corporate resurgence and organizational stabilization.
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