Predictive Analytics in Knowledge Management
The foundation of a strong knowledge management (KM) system is data. However, using data effectively is the key to real success. Companies can perform a process called predictive analytics with their data in order to save valuable time and money within their...
Steps in Personal Development Planning Process
Personal development is no rocket science and one really needs to have patience and believe in oneself. There is no specific formula and you can’t expect miracles to happen all of a sudden. Personal development requires meticulous planning and careful analysis. As...
Planning and Implementing Successful Job Rotation
Planning is crucial in job rotation. Do not implement job rotation just because other organizations are doing the same. Find out whether job rotation would actually benefit your employees or not. The nature of business also plays an important role in deciding...
Qualities in an Organization for a Better Employee Retention
Employee Retention refers to the various steps involved to retain the outgoing employees. Hiring is a cumbersome process and it is really not easy to find an employee who is loyal towards the organization and looks forward towards achieving its targets. An...
Performance Improvement Programs and Their Implications for Organizations
What are PIPs (Performance Improvement Plans/Programs)? This article deals with a rather sad aspect of contemporary organizational policies, yet this is an important aspect that affects all employees and the HR function in addition to the line managers. We often hear the...
Performance Management – Integral Component of Talent Management
Performance management is an integral component of talent management that is aimed at ensuring that organizational goals are being met effectively and efficiently through individual and collective performance. It can thus encompass an individual employee, a department, a team, or even a...
Performance Management in Successful Companies: Lessons from Cutting Edge Research
Introduction Continuing with our series of articles on HRM practices in successful companies, this article examines the performance management practices of those companies that have managed to be in the FORTUNE “100 Most Admired Places to Work in” consistently. To put it...
Performance Development Planning and Individual Development through Performance Management
Performance management system of any organization aims at identifying the potential of development in the employees and optimally utilizing it for mutual satisfaction by providing the right support and guidance for doing well in the job. Gone are the days when performance...
How Predictive Analytics helps HR Managers make Better Hiring Decisions
What is Predictive Analytics and How Does it Help Decision Makers Predictive Analytics or the technological tool that combines AI or Artificial Intelligence, Big Data, and Analytics software is taking the world by storm. Not a day goes by without reading a...
Performance Appraisal Process
For many employees working in the organized sector, the term appraisal process conjures images of hope and fear simultaneously. Hope for a better grade and fear about potential downgrading or a bad rating. The weeks leading up to the appraisal are filled...