Performance management is undergoing huge overhauls, given that what businesses define as success shifts seemingly every year. A study by Psycnet reported that performance management improves only 28% of staff and is overall a sunk cost.
Data science encompasses numerous technologies, including big data analytics and artificial intelligence (AI). Entire sectors and individual companies can depend on it for a variety of reasons.
Over the past few years, trends regarding technology and digital tools for higher education have been constantly evolving and students are facing a new education era.
Applied performance management sub- processes, tools and techniques within an organizational environment are a powerful driver for business development. However, it is not enough to operate randomly with these tools, they have to be aligned and integrated within a performance management system. When such aspect is not a priority in performance management inputs, outputs and outcomes will aim for different goals.