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Talent Management vs. Performance Management: What’s the Difference?

Extensis

Quick look: While the terms talent management and performance management are often used interchangeably, they play different (yet equally important) roles in a company’s human resource function. While the two terms may seem similar, they represent distinct approaches with unique objectives.

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Performance Management: Design a Modern Process That Creates Results

HR Bartender

(Editor’s Note: Today’s article is sponsored by our friends at Primalogik , a cloud-based performance management solution that provides a flexible way to manage employee reviews, 360-degree feedback, goals, and engagement surveys. One of those activities is performance management. Managing Performance is Evolving.

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13 Practical Performance Management Strategies To Implement (In 2024)

AIHR

Performance management strategies are crucial for driving results. Gallup and SHRM found that under 20% of employees find their performance reviews inspiring, and 95% of managers are dissatisfied with their organizations’ review systems. It’s clear that performance management is effective.

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Brokers: 5 HR Trends to Guide Your 2025 Strategy

Extensis

Trend 3: A focus on leadership development Did you know that just 10% of people possess a natural ability to manage others ? As a result, in 2025, organizations will prioritize coaching and training their management staff.

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Continuous Improvement - Flipping the Script on Your Coaching Culture

Speaker: Jordan George, Director, Leadership & Talent Development

In 2015, another survey found that half of millennial employees aged 18-34 left their annual review meeting feeling they couldn’t do anything right, while 25% began to immediately look for another job. You’ll discover…: Specific reasons to reinvent your annual performance review process. Surely, you say, there has to be a better way!

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Is Continuous Performance Management Here to Stay? Absolutely.

Cornerstone On Demand

Fast forward to today when the idea of continuous performance management is starting to take center stage. For instance, in 2015, 58 percent of HR leaders described their performance management process as an ineffective use of time. Employers are challenged with meeting a wide spectrum of employee needs and expectations.

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How Sony Music reimagines performance management to drive innovation

HRExecutive

For some employees, the culmination of a year’s hard work and the accompanying rewards or lack thereof still depend on the singular event of the annual performance review. In response, forward-looking organizations increasingly are shifting toward a continuous performance management approach that motivates rather than demotivates employees.