In the inaugural episode of Season 2 of the Vantage Influencers Podcast- In Conversation with Dave Ulrich, Partha Neog and Dave Ulrich emphasized the importance of continuous, honest conversations between leaders and employees, highlighting that timely feedback is crucial for performance improvement.
They discussed integrating recognition systems with performance management to reduce biases and ensure fair assessments. Dave illustrated how simple handwritten notes can significantly boost employee morale and recognition.
Read our blog on: Employee Recognition Guide: Strategies for Motivating and Engaging Your Team
They also explored the challenges of setting OKRs in dynamic environments, stressing the need for adaptability and ongoing dialogue. Ultimately, they highlighted that effective performance management fosters a supportive culture where employees feel valued and motivated to thrive.
Timestamps
(01:28) Partha begins by exploring the current state of performance management, asking Dave about the current gaps and potential quick wins.
(04:18) Partha and Dave discuss OKR's dominance and problems, with Partha seeking Dave's insights beyond his implementation experience.
(07:32) The conversation then moves to the challenges of giving negative feedback and handling difficult discussions about unmet targets or budget constraints.
Read our blog on: Steps To Take After Getting A Poor Employee Survey Result
(09:17) Partha and Dave analyze the impact of integrating recognition systems into performance management to reduce biases and improve employee morale and performance.
(16:00) Dave discusses the barriers to maintaining continuous feedback and discussions beyond quarterly or yearly reviews.
(21:30) Partha asks Dave for insights on the future direction of performance management systems and their integration with other HR frameworks.
