WHAT IS PERFORMANCE MANAGEMENT?
Performance is the result of an employee meeting specific objectives or developing competencies necessary to effectively do their job.
Performance Management is a continuous process of managers and employees working together to:
- Set performance expectations linked to organisational objectives
- Establish criteria against which individual performance can be measured
- Identify areas for competency improvement
- Provide performance feedback
- Continually enhance performance
If Performance Appraisals and Performance Management is properly handled, you can expect to get insight into the following;
- Performance measurement - transparent, short, medium and long term
- Clarifying, defining, redefining priorities and objectives
- Motivation through agreeing helpful aims and targets
- Motivation through achievement and feedback
- Training needs and learning desires - assessment and agreement
- Identification of personal strengths and direction - including unused hidden strengths
- Career and succession planning - personal and organisational
- Team roles clarification and team building
- Resolving confusions and misunderstandings
- Counselling and feedback
- Manager development - all good managers should be able to conduct appraisals well - it's a fundamental process