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Redefining Performance Management System | Insights 101

In this episode of Compensation Insider Talks, we explore the true essence of Performance Management Systems (PMS) with Hemang Desai, CHRO at Ishaan Technologies. With over 27 years of HR leadership, he shares some sharp insights on how PMS drives business success, the importance of continuous feedback, and why coaching is key to performance management. Key Discussion Points: - Understanding the Difference: What sets Performance Appraisal Systems (PAS) apart from Performance Management Systems (PMS)? - Business Perspective: Are businesses fully grasping the significance of an effective PMS? - The Role of Feedback: Why are regular feedback and follow-ups essential for a robust PMS? - Coaching & Mentoring: How do effective coaching and mentoring practices become critical components of a successful PMS? Plus, we have also tackled questions on enhancing PMS for engagement and leveraging technology for better results from our community members. 🔗 Join the Compensation Insider Community: https://join.slack.com/t/compensation... Subscribe for more expert HR and compensation insights! #PerformanceManagement #PMS #HRLeadership #BusinessSuccess #CompensationInsider #EmployeeEngagement