Discover how efficiency variance reveals the gap between expected and actual inputs in production and its impact on labor, materials, and costs.

Why do we spend millions on performance management systems that everyone—managers, employees, and executives—openly admits are broken? The answer is uncomfortable but simple. We’ve designed these ...

In the future of work, performance management will need to adapt in order to keep up with the changing workforce. With so many developments happening, such as the increase in contract and freelance ...

Performance management is the ongoing communication process between a supervisor and an employee that occurs throughout the year to fulfill the strategic objectives of the individual, department, and ...

If you are struggling to keep track of performance metrics and identify areas needing improvement? You will be pleased to know that you are not alone. Many people find it challenging to sift through ...

Cuervo, Alvaro, and Belen Villalonga. "Explaining the Variance in the Performance Effects of Privatization." Academy of Management Review 25, no. 3 (July 2000): 581–590.

To manage employees' performance as effectively as possible, look to the future. Here are some performance management trends you can implement. The introduction of new human resources (HR) technology, ...

You’re a manager or an HR professional? Then you’ve probably been inundated with articles discussing annual performance reviews and how to break free from typical performance management practices. One ...

Head over to Google and search for the term, “performance review,” and you’ll be instantly flooded by news stories on the latest companies to do away with it. My guess is that half the Fortune 500 ...