With the forthcoming extension to the SM&CR regime, it is wise for Senior Managers to understand the extent of their personal and corporate risk. Now the FCA have been at pains to emphasise that this regime is about…
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A performance appraisal system and performance management system are often discussed in the same breath but are they actually interchangeable?
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Enough time has passed that the term ‘SMCR – The Senior Managers and Certification Regime’ is probably well on your radar. Since the FCA published their near final rules in July 2018 we have been speaking to various financial…
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You already know that introducing a performance appraisal system has lots of potential benefits, which is why you invested in the first place. However, introducing a performance appraisal system will not bring you …
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There are many potential benefits to creating an effective performance appraisal system. You can increase productivity and engagement, reduce risk and retain talent; however, if you are to maximise your return, it is really …
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At first glance you would consider SMCR and Performance Management Software to be unlikely bedfellows. However, the synergy between the two could be the key to the culture change demanded by the FCA through…
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With many businesses turning away from the traditional appraisal process, it is so important to get 360 feedback right. It can often be seen as the panacea however there are a number of obstacles to overcome if you wish to avoid a…
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360 Feedback Software can be used as a highly valuable development tool for nurturing self-awareness. Generally, when we start out in the workplace we see things from our own perspective and have little understanding of …
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