The CoronaVirus (Covid-19) has caused a global economic halt and has been confirmed as a global pandemic by the World Health Organization, countries have shut down borders, canceled schools (or at least physical attendance), canceled sporting events, basically, the world is shifting towards social distancing at a very high pace, and with the jobs and markets got affected greatly. And with all the people panicking on the short and mid-term (with just cause of course), this pandemic got me thinking about the future, especially that the machine in all its forms is slowly picking pace
I understand that the topic I am about to talk about can be a very sensitive topic, but it has been a topic that I have been discussing extensively amongst my professional circles, and it is due to the interesting increase of incidents where the head of the Human Resources function is not an HR professional
Turnover is a very important key performance indicator for the human resources department, That affects the overall organization’s performance, and if we look at the major underlining reason we will have to review the work of James K. Harter, Ph.D., Gallup’s chief scientist for workplace management, people leave companies because of factors that filter through the local work environment. At least 75% of the reasons for voluntary turnover can be influenced by managers.
Performance management is a very important strategy to manage the organization, and for the continuity of business. And here is why: Performance management is linked to success, that means that… Read more »