The Importance of Social Performance Management

 One of the biggest criticisms of the traditional annual performance appraisal, despite the fact that the vast majority of organizations continue to use them, is that they are too static.  They don't accurately reflect all the activity, accomplishments and challenges that employees face over the courses of the year.  They are a snapshot in time, not a useful, active feedback system.  By the time anyone gets around to the annual performance review, it's too little, too late.

Thanks to the social media explosion (Facebook, LinkedIn, Twitter), we now have a new option to improve the performance appraisal process: social performance management.  This is where users of a talent management system can post updates, news, accomplishments, feedback, praise and comments on a streaming "wall" that's visible to the organization/team.

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