previously we talked about Performance Management defined, concerns and the differences between Permanence Management and performance appraisal.
Today we will continue with:
Objectives of performance management
The objective of
performance management is developing the capacity of employees that makes them
able to meet and exceeding expectations and achieving their potential in terms
to achieve firm's current and future goals.
characteristics of performance management
These are some of the characteristics that should be available in the performance management process:
- Performance
management is a planned process of which the five primary elements are
agreement, measurement, feedback, positive reinforcement and dialogue.
It is concerned with measuring outcomes in the
shape of delivered performance compared with expectations expressed objectives,
in this respect it focuses on targets, standards and.
- performance measures or
indicators.
It is based on
the agreement of role requirements, objectives and performance improvement and
personal development plans.It provides the setting for ongoing dialogues
about performance, which involves the joint and continuing review of achievements
against objectives, requirements and plans.
- Performance
management focuses on future performance planning and improvement and personal
development rather than on retrospective performance appraisal.
Performance management is a continuous and flexible
process that involves managers and those whom they manage acting as partners
within a framework that sets out how they can work together to achieve the
required results.
It is based on
the principle of management by contract and agreement rather than management by
command.
- It functions as
a continuous and evolutionary process in which performance improves over time and
provides the basis for regular and frequent dialogues between managers and
individuals about performance and development needs based on feedback and
self-assessment. The emphasis is on development, although performance
management is an important part of the reward system through the provision of
feedback and recognition and the identification of opportunities for growth. It
may be associated with performance- or contribution-related pay but its developmental
aspects are much more important.
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