Education Quote by Rakesh Seth
““Our informal study with good sample size has revealed that companies are not able to prepare successors from within the organization because they take their performance management as a tool for (A) granting increments, incentives, and promotions than to use it for (B) building capability, capacity, and commitment in Human Resources of the company. They are spending more time on A than on B. Today we hardly see any structured Learning and development calendar in companies which are based on genuine PMS findings. Sustainable growth comes only by building talent from within through L & D efforts, understudy and assessments, and development centers.””
About This Quote
Source Conference Talk: Talent Development Strategies, 2023
Companies focus on using performance reviews for pay and promotions rather than building internal talent, hindering sustainable growth.
In simple terms: Performance reviews often reward, not develop.
Key Takeaway
Shift reviews toward capability building.
Themes
talent development
performance management
learning
Mood
strategic
critical
Type
business
instructional
When to use this quote
- corporate training
- succession planning
- career pathways
- leadership development
Key Concepts
human resources
organizational growth
capacity building
Questions to Reflect On
- How can you redesign review processes to prioritize growth?
- What metrics indicate true capability development?
A Different Perspective
Changing culture requires strong leadership commitment.
