Findings from the 2013 Mercer Global Performance Management Survey report that performance management initiatives could and should be more effective. Only 3% of the 1,050 survey participants from 53 countries say their performance management program provides exceptional value. Ouch. The biggest problem: only 6% of managers are highly skilled at having candid performance conversations. One in three organizations said the ability of managers and employees to engage in performance conversations is key and has the greatest impact on company performance.
