Modern Tools For Managing Business Operations

This seems obvious that companies didn’t always focus on employee performance management to encourage improvement and contentment as they do now. Developments in this area from the last few years have brought this technology home like never before. According to the global workforce management software market, this technology was valued at USD 2,601.7 million in 2018, and it is expected to reach a value of USD 3,327.87 million by 2024, at a CAGR of 4.21 percent over the forecast period (2019 - 2024). However, research organized by Dell and Intel, on the current trends at workplaces across the world says although employees are broadly happy with their current jobs, and there is increasing disappointments with the reporting and communication processes adopted by their organizations. This problem is further heightened by the changing needs at the workplace, with employees no longer expected to just work within a regular schedule of a 9 AM – 5 PM, due to diversification in work processes.