Performance management entails the formulation and implementation of a performance plan in order to achieve a desired outcome. This means planning, monitoring and reviewing employees’ work objectives in order to establish their productivity. After establishing this, you are able to identify areas which need improvement and plan the appropriate approach. Performance management is applicable in any organization and if handled correctly, will ensure maximum productivity.
The performance management process aligns the company’s goals and objectives with every employee’s personal goals. Performance management is not always centered around money. It could mean the effectiveness of work in a less fortunate community, the growth of an organization or even the promotion of religion by a church. The performance management process is also relevant in NGO’s, Social clubs and even Sport clubs. With a whole host of career paths, performance management could be your future!
After completing this module, you will be able to :
- Define performance management in detail.
- Identify performance management procedures.
- Detect performance management problems and misunderstandings and be able to avoid such hindrances to ensure progress at the workplace.