Why Annual Performance Appraisal Fails & How to Save Them

Why Annual Performance Appraisal Fails & How to Save Them

Annual performance appraisals are conducted to evaluate yearly performance standards of employees. Appraisal is the most important milestone in an employee’s journey of achieving work goals. Many organizational objectives are integrated with employee goals as employee appraisal measures productivity, economic performance and profitability in an organization. Well-structured performance evaluations allow managers to identify top, average […]

High performance companies focus on performance management

High performance companies focus on performance management

 We often listen from the successful business leaders that “People are our strength”. Recently I read the book “The High Performance Entrepreneur” written by Subroto Baghchi. He is co-founder and Chief Operating Officer of Mindtree Consulting, one of India’s most admired software companies. Mindtree has grown from 0 to 3500 people and crossed $ 102 […]

Employee termination or firing – HR’s role is critical!

Employee termination or firing – HR’s role is critical!

Termination or firing employees is an unpopular but mandatory process. All businesses, big or small may, at some time, fire an employee because of business compulsions. However, the recent downturn has accelerated employee terminations largely due to financial and performance problems. While the decision to fire an employee is never welcome, there are some acceptable […]