“Is Performance Management Dead?” with Tami Rosen, Chief People Officer at Pagaya
Jul 25, 2023
auto_awesome
Guest Tami Rosen, Chief People Officer at Pagaya, discusses her career journey at Goldman Sachs, the challenges of finding passion, and taking initiative. They also explore the shift away from performance management towards a continuous learning cycle and the importance of collaborative feedback.
Traditional performance management should be replaced with a continuous learning cycle focused on learning from successes and failures.
The future of work should focus on rethinking how we work, fostering collaboration, flexibility, and innovation.
Deep dives
Motivating Performance through Continuous Learning Cycles
Tammy Rosen, a senior HR executive, argues that the traditional performance management system is dead and should instead focus on motivating performance. She emphasizes the importance of looking forward and learning from successes and failures, rather than relying on feedback from the past. Tammy shares her experience implementing a continuous learning cycle at Pagaya, where employees align on goals, reflect on successes and failures, and collaborate on future plans. The cycle promotes a learning mindset and creates an environment where feedback is welcomed and growth is supported.
Tammy Rosen's Career Journey and Phases of Success
Tammy Rosen shares her career journey, which she divides into four phases. The first phase involved finding her passion, which led her to Goldman Sachs, where she focused on mastering her craft and finding the right culture. In the third phase, she took risks and drove change at companies like Apple. Currently, as the Chief People Officer at Pagaya, Tammy continues to reshape HR practices. She believes that being open to feedback and building relationships are crucial for success in any phase of one's career.
Reimagining the Future of Work
Tammy Rosen challenges the notion that the future of work is only about remote or hybrid work arrangements. She argues that the focus should be on rethinking how we work, rather than just where we work. Tammy advocates for intentional moments of collaboration, both in-person and remote, and emphasizes the need to integrate work and life. She highlights the importance of creating environments that foster collaboration, flexibility, and innovation, while aligning with the mission and values of the organization.
Driving Innovation and Change in HR
Tammy Rosen shares her insights on driving innovation and change in HR. She advises starting with a deep understanding of the business and the pain points that need to be addressed. Building a business case and demonstrating the value of proposed changes can help gain buy-in from leaders. Tammy encourages HR leaders to focus on the business imperative and find win-win solutions that align employee needs with organizational goals. She also emphasizes the importance of continuous learning, challenging assumptions, and being open to feedback throughout the change process.
What is the best way to motivate and drive individual performance?How can we redesign performance management to be more effective?My guest on this episode is Tami Rosen, Chief People Officer at PagayaDuring our conversation Tami and I discuss:
Why she thinks of her career in four phases and why you should too
What she learned being the first Chief People Officer at three different companies
How she has replaced performance management with a “continuous learning cycle” that focuses on learning from successes and failures
How being open to receiving feedback can positively impacted your career
Why she believes we have changed “where” we work, but not “how” we work
Connecting with Tami Rosen:Connect with Tami Rosen on LinkedIn
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode