As the financial year draws to a close in Australia, it’s a good time to pause and reflect on the first 6 months of 2015, and look ahead for the second half of the year and beyond. In Deloitte’s Global Human Capital Trends 2015 report, they highlight several HR trends in addition to the ones we mentioned in our Blog posts earlier in the year. Looking beyond the specifics of HR automation, L&D and small to medium business HR trends, the information in Deloitte’s report points to a more global HR shift across a few key areas. The report highlights ten trends which are ‘reshaping the nature of work and the ways HR Professionals, and the organisations they work for, approach talent management’.

Let's talk Performance Management. Agile Performance Management that is. As technology enables the transformation of business, Performance Management is an aspect of HR and company process that needs to undergo a significant evolution. In the context of Performance Management, combining the best elements of the traditional approach with newer methods like crowdsourcing and social feedback create a much more agile and fully rounded process, enabling better results and higher levels of productivity. In the Agile context, the two most important features are a development focus and regular check-ins. It’s critical to realise that these two important features are part of a wider group of improvements in the area of Performance Management. This shift from the older, more traditional style of Performance Management recognises that:

1. A more skilled and capable workforce can perform at a higher level.
2. Just like on an elite sporting team, regular feedback, communication and coaching is needed to create high levels of performance.

One of the most challenging areas for HR is Performance Management. It is perhaps, one of the least progressive areas in HR because it is one of the most challening to deploy and measure. Measuring performance against brand, culture and values through a social, democratic and horizontal system is where Subscribe-HR sees Performance Management heading in the future. The importance of getting this aspect of the HR scorecard right can been seen when calculating turnover costs.

If one thing is for sure, it's that Performance Management is a rapidly evolving aspect of the Human Resources landscape. Bersin by Deloitte's 'The Guide to Performance Management Software: 2015' outlines the main trends in the changing world of Performance Management and the progress that software providers need to make to support that change.

If you've had a look around our website recently, you will have noticed that the Subscribe-HR website has grown. Technology evolves pretty quickly these days, and as a technology company, we need to be able to keep pace with how tech changes, not just for our customers, but also in our own back yard. Our new website is part of an evolution we've undertaken to stretch ourselves beyond what has gone before, by creating an image more aligned with who we are as an organisation as we evolve and change.