performance Management I

Performance management is an important HRM process that provides the basis for improving and developing performance and is part of the reward system in its most general sense.

Performance management defined

It is a systematic process for improving organizational performance by developing the performance of individuals and teams. It is means to getting better results by understanding and managing performance within an agreed framework of planned goals, standards and competency requirements. 

The main concerns of performance management

 aligning individual objectives to organizational objectives and encouraging individuals to uphold corporate core values.

 enabling expectations to be defined and agreed in terms of role responsibilities and accountabilities (expected to do), skills (expected to have) and behaviours (expected to be).

 providing opportunities for individuals to identify their own goals and develop their skills and competencies.

The differences between Permanence Management and performance appraisal:

Performance appraisal can be defined as the formal assessment and rating of individuals by their managers at or after a review meeting. It has been discredited because too often it has been operated as a top-down and largely bureaucratic system owned by the HR department rather than by line managers.

 In contrast performance management is a continuous and much wider, more comprehensive and more natural process of management that clarifies mutual expectations, emphasizes the support role of managers who are expected to act as coaches rather than judges and focuses on the future.