What is Performance Management?
Performance Management is normally a term that refers to managing and improving the performance of employees. The process starts with an articulation of the company goals and objectives and then communicating these high level goals to employees.
It is a system that ensures that goals are consistently being met in an effective and efficient manner. From these high level goals we develop agreed employee goals, competencies and standards of behavior. To maintain a high level of performance there must be system check and balances. There must be good communication and high morale. Typically we might ensure that all employees have a job description, regular performance reviews and reward, recognition and disciplinary systems