Performance management is the processes to ensure the organization connects mission with the work of employees.
The activities of performance management include performance appraisal where managers provide feedback to employees, improvement activities to boost performance, and interventions that provide employees the tools and resources needed to perform.
Performance management involves two related activities:
1. Evaluating the performance of your employees against the standards set for them and
2. Helping them develop action plans to improve their performance.
Effective performance management depends on the development and implementation of appropriate performance management tools, feedback and documentation.
Organizations generally use performance appraisals in two ways:
1. Making pay or other administrative decisions.
2. And, developing people.
Feedback is essential to any strong performance management system. No performance feedback should be left to an annual performance meeting. There should be no surprises in performance management. Finally, Strong documentation is critical in performance management.
