HR Toolkit Upgrades

In a volatile, uncertain, complex and ambiguous world, firms are keeping up to these changes by adapting practices and models to address their human capital challenges. What are some of the new changes to HR practices that the firms are adopting to keep up with the trends?

1. Redesigning performance management. Deloitte moves away from the conventional 360-degree feedback as these rating exercises predicted the characteristics of the rater instead of the subject in the performance evaluation. Deloitte’s proposed method utilises a rating system that focuses on managers’ future actions to be taken with the employee, instead of rating the strengths and weaknesses of the employee. Read more about the new performance management design here[1].

2. Employer branding through...

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