The role of HR Business Partner

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You have just been promoted to the role of HR Business Partner at XYZ Bank in Melbourne. The role involves working with the Marketing Department to help them to improve their current (largely Traditional PM 1.0) performance management system. Outline your arguments as to why they should consider changing this system (towards a more PM 2.0 approach), and propose – and justify, a 3-step plan to start this performance management change process.