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Technology truly has served as a catalyst in the process of development of our civilization. Human and machine co-exist today in a manner that they create a significant blend to connect and ease access issues. In this whirlpool of technology, AI (artificial intelligence) deserves a definite mention. It is based on a heavy algorithm. Machine Learning as an integral part of AI.Machine Learning implies a concept where the central belief that computers are capable of learning by themselves without programmed inputs to perform certain tasks. It is basically the process of empowering the computers. This can be broadly divided into ... Read More
There are different points of view offered by different folks about the origin of the idea of having mirrors inside elevators but on one thing they all have the same view - psychological and ergonomic factors rather than technological factors brought mirrors into elevators. One line of opinion says this business of mirrors in elevators first began in Japan where it helped to resolve an ergonomic problem for people in wheelchairs. As the elevators in those pre-World War II days were really small, it was pointed out that mirrors in these elevators helped the folks in wheelchairs to clearly see ... Read More
There could be quite a few reasons for that and before looking at other reasons, it makes sense if we consider the fact that smartphones have been designed to work smartly, which also means their functionality has been optimized for computing on the go. Going a little deeper, the reason a mail comes faster on smartphones than on desktops could be because the smartphone has its map settings and location on while the received time is prolonged on a desktop because the email server might have been set in a manner that it checks mail every 10, 15, 20 minutes ... Read More
Left side driving is followed by the British and the habit dates back to the period when people used to ride on a horse. Historians believe it has started with the idea that It will be convenient if you keep your right hand free to greet someone or to draw a sword if someone attacks you.During the 17th and 18th centuries, most of the countries were British colonies and they also followed the same rule, including India. Along with UK and India many countries like Australia, Japan, Hong Kong, Kenya, Ireland, Jamaica, Malta, New Zealand, Singapore, Thailand etc., still have ... Read More
Numerous performance management solutions have been created to make the process easier and more effective. Key Performance Indicators (KPIs) and metrics enable organizations, business units, initiatives, and people to assess their performance concerning their strategic goals and objectives.Metrics and Key Performance Indicators (KPIS)The main benefit of any KPI is to allow rich data-driven performance dialogues and improved decision-making. A good KPI should necessarily act in such a way that it shows whether an organization is taking the right path toward its strategic goals or not.Listed below are a few of the most often used tools −Evaluations of PerformancePerformance assessments and ... Read More
Majority of the organizations are never satisfied with their performance management system, and hence, they constantly update their approaches to reach their goals in an effective manner.Performance management solutions may benefit organizations significantly by assisting them in aligning and tracking quantifiable objectives, creating continuing feedback loops for coaching, and increasing engagement via recognition. However, ineffective performance management initiatives may severely affect the company.Below are a few ways this can unfortunately happen -Employee DisengagementIneffective performance management schemes may rapidly erode employee engagement. When you have skilled personnel, it is up to managers to identify areas for improvement. Among the development options, ... Read More
Defining performance targets can be quite beneficial since it establishes the expectations for how well a person will work. It is significantly more beneficial to have written down and verifiable objectives. It is even better if the objectives are SMART, which stands for Specific, Measurable, Achievable, Realistic, and Time-bound. Many businesses use a formal method known as Management by Objectives (MBO) to create goals and objectives.Basically, these parameters help to ensure that our objectives are attainable within a certain time frame. The SMART approach eradicates generalities and guesswork, sets a transparent timeline, and makes it feasible for us to track ... Read More
What is Performance Appraisal?Performance Appraisal refers to a reasoned evaluation of an individual's performance against predetermined criteria. On the other hand, performance management refers to managing an organization's human resources. While performance appraisal is an annual activity, performance management is a continual process that does not end.Performance appraisal is described as a manager's evaluation of employees in which the management examines the employee's total contribution to the company. It is a systematic and logical evaluation undertaken yearly by the business to determine an employee's ability to execute a duty. It assists in identifying employees who do their duties well and ... Read More
Performance Management CycleA performance cycle is a continuous improvement process of planning, monitoring, and measuring an employee’s performance throughout the year. It works in a way that meets the overall goal of performance management: aligning the success of employees with the success of an organization.It starts with setting up of a performance standard to meet the targeted goal followed by monitoring the performances of the employee toward that goal, identify any issue or blockage in the way, and provide necessary resources and training to overcome the blockage.Performance management cycle helps employees to achieve their potential and have greater involvement in ... Read More
Performance management is also a technique for maximizing the efficiency of a workforce. While many believe it is a once-a-year occurrence, this is not the case. It is a never-ending process. It is a strategic plan designed to maximize an individual's production quality. It effectively matches company objectives with an employee's productivity when done correctly.The guiding principles of performance management should be about people and performance, not just the process involved.Some of the guiding principles of performance management are as follows −Performance AnalysisIn performance management, the reviewer measures the frequency of behavior of the employee and the outputs he/she gives ... Read More