Talent management maturity

"70% of organizations have low talent management maturity...and are missing out on the potential financial, business, and talent benefits of higher maturity"

Bersin Research, "High-Impact Talent Management: The New Talent Management Maturity Model."

Companies removing performance management

NeuroLeadership Institute 2015

Retention on Mobile

61% of users are unlikely to return to a mobile site they have trouble accessing

Google

Emails Usage

91% of all US consumers still use e-mail daily

ExactTarget, 2012 Channel Preference Survey

Emails convert 3x better than social media

Email marketing works 40 times better at getting customers than Facebook and Twitter, and compared to social media, it offers 17 percent higher conversion. The secret to success is making every email count. Email not only converts better than the most popular social media, but people spend up to 17 percent more when they do buy.

McKinsey & Company

Reach and you will achieve

Setting specific goals ("Try to get more than 90% correct") result in superior performance more motivating than vague exhortations or low expectations ("Try your best")

Edwin Locke and Gary Latham,A Theory of Goal Setting & Task Performance

Performance management is broken

58% of executives surveyed believe their current performance process does not drive employee engagement and high performance.

and

58% of executives surveyed believe their current performance is not an effective use of anyone's time.

Deloitte University Press. Performance Management is Broken

http://dupress.com/articles/hc-trends-2014-performance-management/

More collaboration

67% of employees report an increase in work requiring active collaboration.

CEB’s 2013 Breakthrough Performance in the New Work Environment

Interviewing

A work sample test is the best predictor of how someone will perform on the job during an interview (29%)

Tied for second are:

• Tests of general cognitive ability (26 percent).
• Structured interviews (26 percent), where candidates are asked a consistent set of questions with clear criteria to assess the quality of responses.

Laszlo Bock, Work Rules!

Grading Performance Reviews

58% of 750 senior HR professionals graded their own performance management systems as a C or worse.

Source: World at Work and Sibson Consulting