Top 9 Principles of Effective Performance Management in 2024
Employee performance is the backbone of any successful organization. But simply hoping for good results isn’t enough. Efficient performance management is a calculated tactic that enables your group to flourish. In this blog post, we’ll delve into the top nine principles that will transform your performance management system from a chore into a powerful tool […]
How to Set & Track Your Business Objectives & Key Results (OKR) for Success in 2024 [4 Steps]
Setting and tracking objectives is not merely a matter of ticking boxes; it’s the compass that guides organizations towards their goals and ensures they stay on course. From enhancing product quality to fostering employee engagement, objectives play a pivotal role in driving growth and success. In this blog, we’ll explore the significance of tracking objectives, […]
How to Create & Manage 360 Feedback in Horilla HRMS [2023]
Horilla provide 360-degree feedback that breaks away from the traditional method of performance appraisal by incorporating feedback from multiple sources. By leveraging a review tool, organizations can harness the full potential of 360-degree feedback by gathering insights from various perspectives, including self-assessment, manager, subordinates, and colleagues. This approach creates a more comprehensive and effective feedback […]
Top 10 Future Trends & Key Features in Performance Management System
Performance Management Systems (PMS) are essential components of HRMS because they provide an organized strategy to managing and analyzing employee performance. PMS refers to a set of processes, methods, and tactics that strive to match individual and team goals with company objectives. Setting clear performance standards, providing regular feedback, analyzing performance, and celebrating accomplishments are […]
What are the Best Practices for Creating Effective OKRs in 2023?
OKR stands for Objectives and Key Results. It is a goal-setting framework that helps organizations, teams, and individuals define and track their objectives and measure progress towards achieving them. The OKR framework was popularized by Intel and later adopted by several successful companies, including Google. Step-1 Create an Objective Go to “PMS” menu and navigate […]
What Are OKRs (Objective Key Results) & How Do They Work in 2023
Objective Key Results (OKRs) is a goal-setting framework that has become increasingly popular among organizations of all sizes. The framework was developed by Intel in the 1980s, and it has since been adopted by companies like Google, LinkedIn, and Twitter. OKRs are a simple but effective way to align teams and individuals around a common […]