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Topic: Performance-Based Development & Learning: Closing The Loop
Messages (2) Visitors (1624)
Lynn S.
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Performance-Based Development & Learning: Closing The Loop
01-12-2011 / 4:46 pm #1
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While the output of a typical performance management process is a finalized appraisal between a manager and his/her direct report, the process also identifies employee skill, competency, and behavior gaps. Yet nearly 70% of global organizations do nothing with this critical data once the performance process is complete. Best-in-class organizations, on the other hand, leverage data from the performance process to facilitate individual development planning and learning. The goal is to help employees improve in their current role, better prepare them for a future role of interest, or both.
This webinar will provide practical tips for evolving toward a performance-based development and learning model and discuss how talent management technology can facilitate your efforts.
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Debora M
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Re: Performance-Based Development & Learning: Closing The Loop
06-22-2020 / 3:28 am #2
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Today, adopting a personalized performance management strategy is a significant step in tracking learner performance and attaining organizational maturity. So, getting it right can lead to enhanced employee engagement, performance, and learning efficiency. Organizations that fail to utilize a robust LMS to create performance metrics and seek learner feedback may experience less than expected training outcomes. Thus, the role of a performance management system becomes crucial in improving employees as well as organizational performance. Following are the five key steps to develop a successful performance management strategy using modern LMS:
1. Create a strong business case
2. Adopt a personalized approach
3. Conduct performance reviews
4. Deploy robust technology
5. Measure training impact
By delivering innovative and custom performance-based learning solutions, organizations spend less on paperwork and more on innovative learning. So, the above-discussed steps can help modern corporates to improve their learning strategies, boost performance, increase ROIs, and achieve their competitive goals.
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