Challenges and opportunities of performance management in COVID 19 pandemic
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Date
2021-11-10
Authors
Journal Title
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ДВНЗ «Київський національний економічний університет імені Вадима Гетьмана»
Abstract
A few years ago, no one could have imagined stopping the irreversible process of
globalization in such a short period of time. Of course organizations operate in a changing
environment and constantly have to deal with new challenges. But the situation that have unfolded since 2020 were incredible and unexpected for everyone. Most people as well as most
organizations were not ready for the new reality. Constraints, uncertainty, and fear have left their
mark on the human psyche. This of course also affected the organizational environment and
culture.
Because people are different from each other, especially in the context of globalization when
representatives of different cultures and societies work in one space. Implementation effective
performance management in such conditions was already difficult and now when people are more
stressed it has become more noticeable.First of all for effective performance management is
important establishing an organizational culture. Even before the pandemic, it was quite difficult
to involve employees working remotely in organizational culture. The pandemic has further
complicated the situation as even organizations with thousands of employees have moved to
remote work. Which of course affects on organizational culture, exchanging information and
working relationships.These are the most important factors for performance management.
Also, being constantly at home and working from home is more stressful. In such situation, people
find it difficult to separate work and family time. Especially when other family members are under
similar stress. At the same time, the economic crisis caused by the pandemic has increased
unemployment Dismissal of employees and bankruptcy of organizations cause uncertainty, fear
and reduce motivation. All of this reduces performance and creates new challenges for
performance management.
Besides challenges, the Covid Pandemic has created numerous opportunities. First of all, clearly
demonstrated that organizations can save huge money on office rent and can transfer part of the
employees to remote work if right ways of managing performans will be found. Secondly
employees were given more opportunities to learn new things. Various universities and training
centers have created online platforms, with the help of which anyone can get new knowledge. This
is a kind of opportunity for performance management to plan trainingprograms and to help
employees in developing skills.
Description
Keywords
performance management, Covid 19, Challenges, Opportunities
Citation
Avsajanishvili E. Challenges and opportunities of performance management in COVID 19 pandemic [Електронний ресурс] / Avsajanishvili Eka, Nikvashvili Maia // Стратегія бізнес-організації в умовах невизначеності : зб. матеріалів міжнар. наук.-практ. конф., м. Київ, 10 листоп. 2021 р. / М-во освіти і науки України, Київ. нац. екон. ун-т ім. В. Гетьмана ; [орг. ком.: М. Сагайдак (голова) та ін.]. – Електрон. текст. дані. – Київ : КНЕУ, 2021. – C. 267–274. – Назва з титул. екрану.