*Research Scholar, Alagappa Institute of Management, Alagappa University, Karaikudi, Tamilnadu
**Professor, Alagappa Institute of Management, Alagappa University, Karaikudi, Tamilnadu
Online published on 19 November, 2021.
The evolution in Performance Management system is a radical and positive Transformation. The system is ready to evolve with continuous feedback system. HR has evolved a lot of its evolution from Human resources to Human Capital Development. Performance Management system is the most important function of a Human Capital Functions. There are lots of forward -thinking alternatives to the traditional annual reviews. Performance management revamps is a radical approach of the modern workforce style. The Future of performance management will include more feedback and place greater emphasis on development based. The rigid framework is less. The companies are started delivering more regular and continuous feedback. This research article aims to study the best performance management practices and its transformation in focussing on employee's development in some of the leading IT companies.
Performance Management practices, Perfromance Development, Feedback, Continuous feedback, Forward thinking-Transforming
