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  • Thursday, April, 2024| Today's Market | Current Time: 07:25:18
  • New Delhi: Peak, the Decision Intelligence company, recognises that the traditional end-of-year appraisal, designed in the 1970s, is outdated for any fast-paced technology company. Research shows that 90 percent of companies that have redesigned their performance management programs see direct improvements in employee engagement and satisfaction.

    The Millennial generation, who grew up in the digital era, wants continuous feedback. Alongside this, managers want more opportunities to regularly connect with their team members.  Adopt­ing a con­tin­u­ous feedback approach means that man­agers and employ­ees have frequent­ check-in sessions through­out the year, pro­vid­ing a reg­u­lar forum for dis­cus­sion about an individual’s performance and devel­op­ment.

    Innovative companies, such as Peak, offer team members more frequent and shorter check-ins, including daily stand-ups and weekly one-to-ones. Alongside regular feedback, Peak continues to offer bi-annual structured reviews that focus on promotions, share option awards, and salary increases. In today’s dynamic market, goals are never stagnant, but dynamic and evolving.  At Peak, speed, agility, and continuous feedback ensure that everyone is aligned to the company’s strategy and mission, and can be more effective by having a clear understanding of how their individual goals fit into the big picture. The company also encourages a continuous learning and development culture. 

    Robert Bainbridge, Chief People Officer at Peak said, “Businesses now need to unlearn the old way of thinking when it comes to learning and development of their teams. From the moment you join Peak, we tailor a unique personal development plan (PDP) to your specific needs and ambitions. This PDP approach is a powerful combination of technical training, coaching and mentoring, plus skill-building programs and industry certifications, such as AWS and Kubernetes. It ensures that Peak can celebrate individuals’ achievements with every milestone they reach in their career.”

    Peak ranked 25th in The Best Mid-Sized Companies to Work For 2021 list while achieving the Best Companies 3-star accreditation, which recognises extraordinary levels of employee engagement. The company has seen rapid growth over the past 12 months, with revenues doubling thanks to new customer wins in Europe, the USA, Middle East, and India. With a growing list of global customers, including Nike, KFC, PepsiCo, and JSW Cement, Peak offers successful candidates the opportunity to work with cutting-edge software that embeds artificial intelligence (AI) within global organisations like these to transform their decision-making.

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