The tradition performance management system is dead. Over the years performance management process has become a checklist activity, increasingly bureaucratic, costly and adds no value to the company, managers and employees' growth.
At qilo, we believe that Performance Management Process should be Business-Performance centric. If its not adding value to Business performance, then your Performance Management is NOT performing.
|Traditional Approach to Performance Management||qilo Way|
|Design Thinking||Compliance & Compensation||Business Performance, Employee Development, Compliance & Compensation|
|Goal-Setting Framework||Subjective, Yearly Goal Posts||Agile Goals/OKR/BSC/Hoshin Kanri|
|Goal Progress Update||Mid-Year, End of Year||Monthly/Quarterly/Bi-Yearly/Yearly|
|Analytics & Insights||Zero to low level of insights for employees||Insights on Month By Month Performance|
|Employee Raking||Assessment based annual approach||Real-time! You are ready for ranking, compensation and promotions at a click today|