Accomplish More with Oracle Performance Management Cloud
We feel it in our bones at this time of year. ‘Tis better to give than to receive, and what HR department wouldn’t want to give the business higher-performing employees? Getting the best out of workers involves much more than annual performance reviews. It includes setting goals and ensuring that the necessary skills are accessible via learning and training programs.
Providing meaningful guidance is also important. According to Gallup, only 23% of employees believe they currently receive valuable feedback, with a paltry 14% saying their existing review processes inspire them to improve. This is especially daunting in a fluid and fast-moving job market, where both companies and employees are looking to remain relevant.
So, what are the characteristics of a technology platform that helps employees accomplish their career aspirations while maintaining market competitiveness? In our experience, it’s a mixture of contextual learning, tailored career development, and real-time goal management, supported by collaborative features that drive accountability and consistency.
Finally, the right technology will also incentivize younger generations to remain with a company. As my colleague Lauren wrote in a blog post last year, millennials in particular require consistent feedback and defined paths
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