Why do companies fail to make the best use of a Performance Management System?

  You can Google it to find that many reasons are cited for why companies struggle to make Performance Management Systems more accepted by managers than by employees. Some common reasons include: Organizations unable to integrate business strategy with KRAs. Low quality of KRAs Consistent use of activities as KRAs by employees Lack of clear goals and goal alignment. Inadequate feedback and communication. Limited employee engagement and motivation. Insufficient training and development for managers. Resistance to change. The million-dollar question is why a comprehensive system has not evolved in nearly a century since the inception of Performance Management Systems (PMS) . Various methodologies, such as Management by Objectives (MBO) , Balanced Scorecard (BSC) , and Objectives and Key Results (OKR) , have been introduced in an effort to create a foolproof framework that is meaningful and practical for organizations and users alike. These concepts were dev...