Performance management is a corporate management tool that helps managers monitor and evaluate employees' work. Its goal is to create an environment where people can perform to the best of their abilities and produce the highest-quality work most efficiently and effectively. It can focus on the performance of an organization, a department, an employee, or the processes in place to manage particular tasks. Performance management standards are generally organized and carried out by senior leadership at an organization and by task owners. This can include specifying tasks and outcomes of a job, providing timely feedback and coaching, comparing employee's actual performance and behaviors with desired performance and behaviors, instituting rewards, etc. It is necessary to outline the role of each individual in the organization in terms of functions and responsibilities to ensure that performance management is successful.

Abhijith S

354 resources

0

0

0

Like