Great importance is now attached to performance management as companies incorporate it into their effective management strategies. However, many people find this process complicated, mainly because of the many choices it offers – for the organization, for a specific department/branch, for a product or service, and for employees, among others.
To minimize this confusion, the following points give you an overview of performance management and the activities involved in this process.
What is performance management?
Performance management is a process that enables managers and employees (supervised persons) to set common goals in relation to the overall goals of the organization by looking at employee performance.
Why is that important?
Performance management creates a framework for employees and their performance managers to evaluate and agree on specific issues and goals that fit into the overall structure of the organization. This allows both parties to have clear goals that will help … Read the rest