REBOOTING PERFORMANCE MANAGEMENT FOR DIGITAL TRANSFORMATION

Abstract

Traditionally performance management has been a retrospective exercise based on evaluating an employee’s past performance, but with advancement in technology it has become an ongoing process that helps identify and correct performance issues, promoting continuous communication and feedback between peers, employees and managers in order to achieve organizational goals. Whether you’re just planning to start with digital transformation or are already in the middle of the transition process, it pays to know the advantages that await this transformation. When technology changes the business landscape, digitization no longer remains an option, but becomes a prerequisite to remain competitive in an uncertain business environment. Keywords—retrospective, ongoing, organizational goals digitization, competitive.