SlideShare a Scribd company logo
1 of 7
Performance
Management
Presenter: Mohamoud M. Duale
mmducaale@gmail.com
What is performance management
process?
– Performance management is a communication process by which managers and
employees work together to plan, monitor and review an employee's work
objectives and overall contribution to the organization. ... Performance
management is a continuous process of planning, coaching and reviewing
employee performance.
Why is performance management
important in HR?
– Effective performance management is essential to businesses. Through
both formal and informal processes, it helps them align their employees,
resources, and systems to meet their strategic objectives. ...
Organizations that get performance management right become
formidable competitive machines.
– Performance management is defined as the process of continuous
communication and feedback between a manager and employee
towards the achievement of organizational objectives.
The Performance Management
Cycle.
The performance management process or cycle is a series of five key steps. These steps are imperative,
regardless of how often you review employee performance.
1. Planning : This stage entails setting employees’ goals and communicating these goals with them. While
these goals should be disclosed in the job description to attract quality candidates, they should be
communicated once again when the candidate becomes a new hire. Depending on the performance
management process in your organization, you may want to assign a percentage to each of these goals to
be able to evaluate their achievement.
2. Monitoring: In this phase, managers are required to monitor the employees performance on the goal. This is
where continuous performance management comes into the picture. With the right performance
management software, you can track your teams performance in real-time and modify and correct course
whenever required.
3. Developing: This phase includes using the data obtained during the monitoring phase to improve the
performance of employees. It may require suggesting refresher courses, providing an assignment that helps
them improve their knowledge and performance on the job, or altering the course of employee development
to enhance performance or sustain excellence.
Cont……
4. Rating: Each employees performance must be rated periodically and then
at the time of the performance appraisal. Ratings are essential to identify the
state of employee performance and implement changes accordingly. Both
peers and managers can provide these ratings for 360-degree feedback.
5. Rewarding: Recognizing and rewarding good performance is essential to
the performance management process, as well as an important part
of employee engagement. You can do this with a simple thank you, social
recognition, or a full-scale employee rewards program that regularly
recognizes and rewards excellent performance in the organization.
Thank You

More Related Content

What's hot

Training and development
Training and developmentTraining and development
Training and developmentmanjarism3
 
developing organisational skills- Controlling, Supervising, problem solving
developing organisational skills- Controlling, Supervising, problem solvingdeveloping organisational skills- Controlling, Supervising, problem solving
developing organisational skills- Controlling, Supervising, problem solvingMita Meher
 
HR Management 3. Formazione e Sviluppo
HR Management  3. Formazione e SviluppoHR Management  3. Formazione e Sviluppo
HR Management 3. Formazione e SviluppoManager.it
 
Shubhangi seminar ppt
Shubhangi seminar pptShubhangi seminar ppt
Shubhangi seminar pptPratiksha Rai
 
The Cohesive Cross-Department Team
The Cohesive Cross-Department TeamThe Cohesive Cross-Department Team
The Cohesive Cross-Department TeamChristophe Pelletier
 
Performance Appraisal & Rewarding Performance
Performance Appraisal & Rewarding PerformancePerformance Appraisal & Rewarding Performance
Performance Appraisal & Rewarding PerformanceSaloni Agarwal
 
Balanced Scorecard in HRM
Balanced Scorecard in HRMBalanced Scorecard in HRM
Balanced Scorecard in HRMHrhelp board
 
Human Capital Solutions
Human Capital SolutionsHuman Capital Solutions
Human Capital SolutionsPaul
 
Performance management and performance appraisal
Performance management and performance appraisalPerformance management and performance appraisal
Performance management and performance appraisalsrividhyasowrirajan
 
ROI Evaluation Approach
ROI Evaluation ApproachROI Evaluation Approach
ROI Evaluation Approachdmdk12
 
mm bagali..... performance.... productivity........HR.....HRM....HRD..... Man...
mm bagali..... performance.... productivity........HR.....HRM....HRD..... Man...mm bagali..... performance.... productivity........HR.....HRM....HRD..... Man...
mm bagali..... performance.... productivity........HR.....HRM....HRD..... Man...dr m m bagali, phd in hr
 
METHODS OF PERFOMANCE APPRAISAL
METHODS OF PERFOMANCE APPRAISAL METHODS OF PERFOMANCE APPRAISAL
METHODS OF PERFOMANCE APPRAISAL AMRITGUPTA2345
 
Performance monitoring
Performance monitoringPerformance monitoring
Performance monitoringbabypravallika
 
Performance management system in malaysia
Performance management system in malaysiaPerformance management system in malaysia
Performance management system in malaysiatanzisoha
 

What's hot (20)

Training and development
Training and developmentTraining and development
Training and development
 
developing organisational skills- Controlling, Supervising, problem solving
developing organisational skills- Controlling, Supervising, problem solvingdeveloping organisational skills- Controlling, Supervising, problem solving
developing organisational skills- Controlling, Supervising, problem solving
 
HR Management 3. Formazione e Sviluppo
HR Management  3. Formazione e SviluppoHR Management  3. Formazione e Sviluppo
HR Management 3. Formazione e Sviluppo
 
PMS ppt
PMS pptPMS ppt
PMS ppt
 
Shubhangi seminar ppt
Shubhangi seminar pptShubhangi seminar ppt
Shubhangi seminar ppt
 
The Cohesive Cross-Department Team
The Cohesive Cross-Department TeamThe Cohesive Cross-Department Team
The Cohesive Cross-Department Team
 
Performance Appraisal & Rewarding Performance
Performance Appraisal & Rewarding PerformancePerformance Appraisal & Rewarding Performance
Performance Appraisal & Rewarding Performance
 
Balanced Scorecard in HRM
Balanced Scorecard in HRMBalanced Scorecard in HRM
Balanced Scorecard in HRM
 
Lesson 8
Lesson 8   Lesson 8
Lesson 8
 
Human Capital Solutions
Human Capital SolutionsHuman Capital Solutions
Human Capital Solutions
 
Performance management and performance appraisal
Performance management and performance appraisalPerformance management and performance appraisal
Performance management and performance appraisal
 
ROI Evaluation Approach
ROI Evaluation ApproachROI Evaluation Approach
ROI Evaluation Approach
 
Responsibility of cost managers
Responsibility of  cost managersResponsibility of  cost managers
Responsibility of cost managers
 
Performance Management
Performance ManagementPerformance Management
Performance Management
 
mm bagali..... performance.... productivity........HR.....HRM....HRD..... Man...
mm bagali..... performance.... productivity........HR.....HRM....HRD..... Man...mm bagali..... performance.... productivity........HR.....HRM....HRD..... Man...
mm bagali..... performance.... productivity........HR.....HRM....HRD..... Man...
 
METHODS OF PERFOMANCE APPRAISAL
METHODS OF PERFOMANCE APPRAISAL METHODS OF PERFOMANCE APPRAISAL
METHODS OF PERFOMANCE APPRAISAL
 
Pms (Mock) Proposal
Pms (Mock) ProposalPms (Mock) Proposal
Pms (Mock) Proposal
 
Performance monitoring
Performance monitoringPerformance monitoring
Performance monitoring
 
Performance management system in malaysia
Performance management system in malaysiaPerformance management system in malaysia
Performance management system in malaysia
 
Performance management skills
Performance management skillsPerformance management skills
Performance management skills
 

Similar to Performance management

Mba performance-management-ppt
Mba performance-management-pptMba performance-management-ppt
Mba performance-management-pptSushreeLalita
 
MBA-performance-management-PPT11111.pptx
MBA-performance-management-PPT11111.pptxMBA-performance-management-PPT11111.pptx
MBA-performance-management-PPT11111.pptxmarwaelsadat
 
MBA-performance-management-PPT.pptx
MBA-performance-management-PPT.pptxMBA-performance-management-PPT.pptx
MBA-performance-management-PPT.pptxVineeshaGurnani
 
UNIT II.pptx
UNIT II.pptxUNIT II.pptx
UNIT II.pptxManojMba2
 
a1b0c0d2-c613-4f77-bc49-f0eeb304e8f2.pptx
a1b0c0d2-c613-4f77-bc49-f0eeb304e8f2.pptxa1b0c0d2-c613-4f77-bc49-f0eeb304e8f2.pptx
a1b0c0d2-c613-4f77-bc49-f0eeb304e8f2.pptxNeelamBhatt11
 
Performance Management
Performance ManagementPerformance Management
Performance ManagementSheetal Wagh
 
Definition of performance management
Definition of performance managementDefinition of performance management
Definition of performance managementNitesh Verma
 
Performance appraisal principles
Performance appraisal principlesPerformance appraisal principles
Performance appraisal principlesLearningade
 
Performance management module 2 Kerala University
Performance management module 2 Kerala UniversityPerformance management module 2 Kerala University
Performance management module 2 Kerala UniversityPOOJA UDAYAN
 
Performance management Lectures 24.ppt
Performance management Lectures 24.pptPerformance management Lectures 24.ppt
Performance management Lectures 24.pptAbhinandaBhattachary
 
Mu0016 performance mgmt & appraisal
Mu0016 performance mgmt & appraisalMu0016 performance mgmt & appraisal
Mu0016 performance mgmt & appraisalNitesh Kumar
 
Human Resource Management - G.O.L TEAM by Mr. Sherif Osman
Human Resource Management - G.O.L TEAM by Mr. Sherif Osman Human Resource Management - G.O.L TEAM by Mr. Sherif Osman
Human Resource Management - G.O.L TEAM by Mr. Sherif Osman Mostafa Mahmoud
 
Performance management skills
Performance management skillsPerformance management skills
Performance management skillscenriquegf30
 
Chapter-2.pdf
Chapter-2.pdfChapter-2.pdf
Chapter-2.pdfDraGular1
 
Career & Talent Management in Unilever Bangladesh Ltd.
Career & Talent Management in Unilever Bangladesh Ltd.Career & Talent Management in Unilever Bangladesh Ltd.
Career & Talent Management in Unilever Bangladesh Ltd.Assignment Junction
 
Performance Management and Communication
Performance Management and CommunicationPerformance Management and Communication
Performance Management and CommunicationCharles Plant
 
COMPETENCY BASED PERFORMANCE MANAGEMENT TEAM C.pptx
COMPETENCY BASED PERFORMANCE MANAGEMENT  TEAM C.pptxCOMPETENCY BASED PERFORMANCE MANAGEMENT  TEAM C.pptx
COMPETENCY BASED PERFORMANCE MANAGEMENT TEAM C.pptxADWITIYAMISTRY
 
Human Capital Management
Human Capital ManagementHuman Capital Management
Human Capital ManagementShamika Naik
 
performance management
performance managementperformance management
performance managementJavaria Liaqat
 

Similar to Performance management (20)

Mba performance-management-ppt
Mba performance-management-pptMba performance-management-ppt
Mba performance-management-ppt
 
MBA-performance-management-PPT11111.pptx
MBA-performance-management-PPT11111.pptxMBA-performance-management-PPT11111.pptx
MBA-performance-management-PPT11111.pptx
 
MBA-performance-management-PPT.pptx
MBA-performance-management-PPT.pptxMBA-performance-management-PPT.pptx
MBA-performance-management-PPT.pptx
 
UNIT II.pptx
UNIT II.pptxUNIT II.pptx
UNIT II.pptx
 
a1b0c0d2-c613-4f77-bc49-f0eeb304e8f2.pptx
a1b0c0d2-c613-4f77-bc49-f0eeb304e8f2.pptxa1b0c0d2-c613-4f77-bc49-f0eeb304e8f2.pptx
a1b0c0d2-c613-4f77-bc49-f0eeb304e8f2.pptx
 
Performance Management
Performance ManagementPerformance Management
Performance Management
 
Definition of performance management
Definition of performance managementDefinition of performance management
Definition of performance management
 
Performance appraisal principles
Performance appraisal principlesPerformance appraisal principles
Performance appraisal principles
 
Performance management module 2 Kerala University
Performance management module 2 Kerala UniversityPerformance management module 2 Kerala University
Performance management module 2 Kerala University
 
Performance management Lectures 24.ppt
Performance management Lectures 24.pptPerformance management Lectures 24.ppt
Performance management Lectures 24.ppt
 
Mu0016 performance mgmt & appraisal
Mu0016 performance mgmt & appraisalMu0016 performance mgmt & appraisal
Mu0016 performance mgmt & appraisal
 
Human Resource Management - G.O.L TEAM by Mr. Sherif Osman
Human Resource Management - G.O.L TEAM by Mr. Sherif Osman Human Resource Management - G.O.L TEAM by Mr. Sherif Osman
Human Resource Management - G.O.L TEAM by Mr. Sherif Osman
 
Performance management skills
Performance management skillsPerformance management skills
Performance management skills
 
Chapter-2.pdf
Chapter-2.pdfChapter-2.pdf
Chapter-2.pdf
 
Performance Appraisal
Performance AppraisalPerformance Appraisal
Performance Appraisal
 
Career & Talent Management in Unilever Bangladesh Ltd.
Career & Talent Management in Unilever Bangladesh Ltd.Career & Talent Management in Unilever Bangladesh Ltd.
Career & Talent Management in Unilever Bangladesh Ltd.
 
Performance Management and Communication
Performance Management and CommunicationPerformance Management and Communication
Performance Management and Communication
 
COMPETENCY BASED PERFORMANCE MANAGEMENT TEAM C.pptx
COMPETENCY BASED PERFORMANCE MANAGEMENT  TEAM C.pptxCOMPETENCY BASED PERFORMANCE MANAGEMENT  TEAM C.pptx
COMPETENCY BASED PERFORMANCE MANAGEMENT TEAM C.pptx
 
Human Capital Management
Human Capital ManagementHuman Capital Management
Human Capital Management
 
performance management
performance managementperformance management
performance management
 

Recently uploaded

Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesDipal Arora
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsApsara Of India
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Tina Ji
 
BEST ✨ Call Girls In Indirapuram Ghaziabad ✔️ 9871031762 ✔️ Escorts Service...
BEST ✨ Call Girls In  Indirapuram Ghaziabad  ✔️ 9871031762 ✔️ Escorts Service...BEST ✨ Call Girls In  Indirapuram Ghaziabad  ✔️ 9871031762 ✔️ Escorts Service...
BEST ✨ Call Girls In Indirapuram Ghaziabad ✔️ 9871031762 ✔️ Escorts Service...noida100girls
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Dipal Arora
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Roomdivyansh0kumar0
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyEthan lee
 
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfCatalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfOrient Homes
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in managementchhavia330
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 
Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Servicediscovermytutordmt
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒anilsa9823
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 

Recently uploaded (20)

Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
 
BEST ✨ Call Girls In Indirapuram Ghaziabad ✔️ 9871031762 ✔️ Escorts Service...
BEST ✨ Call Girls In  Indirapuram Ghaziabad  ✔️ 9871031762 ✔️ Escorts Service...BEST ✨ Call Girls In  Indirapuram Ghaziabad  ✔️ 9871031762 ✔️ Escorts Service...
BEST ✨ Call Girls In Indirapuram Ghaziabad ✔️ 9871031762 ✔️ Escorts Service...
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
Call Girls Navi Mumbai Just Call 9907093804 Top Class Call Girl Service Avail...
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
 
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case studyThe Coffee Bean & Tea Leaf(CBTL), Business strategy case study
The Coffee Bean & Tea Leaf(CBTL), Business strategy case study
 
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfCatalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in management
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Call Girls in Gomti Nagar - 7388211116 - With room Service
Call Girls in Gomti Nagar - 7388211116  - With room ServiceCall Girls in Gomti Nagar - 7388211116  - With room Service
Call Girls in Gomti Nagar - 7388211116 - With room Service
 
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒VIP Call Girls In Saharaganj ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment (COD) 👒
VIP Call Girls In Saharaganj ( Lucknow ) 🔝 8923113531 🔝 Cash Payment (COD) 👒
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 

Performance management

  • 2. What is performance management process? – Performance management is a communication process by which managers and employees work together to plan, monitor and review an employee's work objectives and overall contribution to the organization. ... Performance management is a continuous process of planning, coaching and reviewing employee performance.
  • 3. Why is performance management important in HR? – Effective performance management is essential to businesses. Through both formal and informal processes, it helps them align their employees, resources, and systems to meet their strategic objectives. ... Organizations that get performance management right become formidable competitive machines.
  • 4. – Performance management is defined as the process of continuous communication and feedback between a manager and employee towards the achievement of organizational objectives.
  • 5. The Performance Management Cycle. The performance management process or cycle is a series of five key steps. These steps are imperative, regardless of how often you review employee performance. 1. Planning : This stage entails setting employees’ goals and communicating these goals with them. While these goals should be disclosed in the job description to attract quality candidates, they should be communicated once again when the candidate becomes a new hire. Depending on the performance management process in your organization, you may want to assign a percentage to each of these goals to be able to evaluate their achievement. 2. Monitoring: In this phase, managers are required to monitor the employees performance on the goal. This is where continuous performance management comes into the picture. With the right performance management software, you can track your teams performance in real-time and modify and correct course whenever required. 3. Developing: This phase includes using the data obtained during the monitoring phase to improve the performance of employees. It may require suggesting refresher courses, providing an assignment that helps them improve their knowledge and performance on the job, or altering the course of employee development to enhance performance or sustain excellence.
  • 6. Cont…… 4. Rating: Each employees performance must be rated periodically and then at the time of the performance appraisal. Ratings are essential to identify the state of employee performance and implement changes accordingly. Both peers and managers can provide these ratings for 360-degree feedback. 5. Rewarding: Recognizing and rewarding good performance is essential to the performance management process, as well as an important part of employee engagement. You can do this with a simple thank you, social recognition, or a full-scale employee rewards program that regularly recognizes and rewards excellent performance in the organization.