Explain why the old methods of performance management are no longer as effective as they once were.

Organizations operate in a constantly evolving landscape that is influenced by globalization and technology. To be successful and remain competitive, organizations must respond with flexibility and a willingness to adapt. Performance management can help firms to keep up with a younger workforce and technology that is constantly changing and improving the work experience. Employees are eager to embrace a positive experience in the workplace, and this is further emphasized in their desire to be more independent. In response to this, organizations are exhibiting less micromanagement and a growing appreciation for efficiency and innovation. Performance management gives businesses the tools necessary to make this a reality.

Your boss, the Vice President of Human Resources, has come to you once again for support. The presentation that she made using the information that you provided in the unit 2 Individual Project (IP) was enough to pique leadership’s interest. Now, she needs help with contemporary trends in performance management.

What are some of the things that businesses are doing today to embrace a more contemporary style of performance management?
What role does technology play in the workforce?
How can performance management complement the needs of the diverse workforce?
The Unit 5 IP will help you to delve into these topics to provide additional insight on the ways that the organization can implement a current performance management strategy that embraces diversity and maximizes technology. You will be submitting a 5-page report that includes a recommendation for a performance management strategy that embraces diversity and maximizes technology.

View the following video for assistance with this assignment: Unit 5 IP LinkedIn Learning Path.

You will view the first 2 parts of the course that include all videos in the following:

The past of performance management
Adaptive performance
Use the following template to help you complete this assignment: U5 Template
Your report should answer the following questions and support your recommendation:

Explain why the old methods of performance management are no longer as effective as they once were.
How has technology and globalization impacted performance management?
What is adaptive performance?
Identify the 3 performance levels as discussed in the assigned video. Explain how these are critical to the performance of the workforce today.
What is self-driven performance management?
Explain how internal motivation, external motivation, positive incentives, and negative incentives can be used to motivate employees.
What are some of the building blocks of work?
Consider skills as discussed by the presenter. What are 3 kinds of skills and how do they change in the context of performance management?
Discuss the steps in adaptive performance design.
Explain the key elements of performance optimization.
Submitting your assignment in APA format means, at a minimum, you will need the following:

Title page: Remember the running head. The title should be in all capitals.
Length: 3 pages minimum
Abstract: This is a summary of your paper, not an introduction. Begin writing in third person.
Body: This begins on the page following the title page and abstract page and must be double-spaced (be careful not to triple- or quadruple-space between paragraphs). The typeface should be 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics, except as required for APA-level headings and references. The deliverable length of the body of your paper for this assignment is 3 pages. In-body academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged.
Reference page: References that align with your in-body academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hanging indent, italics, and uppercase and lowercase usage as appropriate for the type of resource used. Remember, the Reference page is not a bibliography but a further listing of the abbreviated in-body citations used in the paper. Every referenced item must have a corresponding in-body citation.
https://www.linkedin.com/learning/paths/aiu-online-mgmt442-unit-5-ip?leis=LTI&u=70039330