Many organizations have already started restructuring their performance management. This is not surprising, as today’s performance management is in crisis.
The crisis in performance management is also not surprising, because the classic solution, which is identical in virtually all large companies, mixes different elements. Elements that are in conflict with each other.
The chart below shows the elements of performance management. For modern and effective performance management, organizations must become creative and play with these four elements without creating a conflict of objectives. It will probably be necessary to break down performance management into different solutions.