Businesses need to have a good connection with their workers to succeed in an environment of growing competition and a fast-shifting economy. This entails putting new ideas into practice, such as technology-based performance management systems and employee social networks.

As more organizations adopt gamification methods, performance management will become even more effective.

Many businesses have shifted to a project-based working paradigm this year from the annual format. Today’s workforce looks to its leadership teams for input following the completion of each project.

The financial well-being of employees is first and foremost. One of the most important things you can do to make sure team members are happy with their work and living within their means is to guarantee efficient administration and communication of corporate expenditures, objectives, performance evaluations, and award programs.

Many millennials struggle to fit in a market where many jobs are still open. Employing and integrating these young experts into daily operations is difficult for businesses. However, in order to continue inventing and being competitive, businesses must adapt to these tech-savvy individuals. Performance management will be a critical aspect in enabling this.

The edition includes some of the most resourceful performance management solution providers.