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 Performance management meaning and definition
 Types of performance management
 Objectives of performance management
 Purpose of performance management
 Advantages and disadvantages of performance
management
Lets Understand Step by Step :
Meaning:
It is a tool used by
managers to monitor and
evaluate employee
performance
Definition:
It is a continuous process
of identifying, measuring
and developing the
performance of the
employees
General
Appraisal
360-Degree
Appraisal
Technologic
al
Performance
Appraisal
Employee
Self-
Assessment
Manager
Performanc
e Appraisal
Project
Evaluation
Review
Sales
Performanc
e Appraisal
Types of Performance
Management
Objectives of
 To help employees in achieve set goals
 Helps to identify the skills and knowledge required
for job
 Motivate employees and boost employee
empowerment
 Provides a communication channel between team
 and supervisor
 Identifies the issues which leads the low
performance
 Provides data for several important decisions in the
organization
Performance Management
Purpose of
Purpose of
Performance
Management
Feedback Mechanism
Development
Concern
Documentation
Concern
Diagnoses of
Organizational
Problems
Employment
Decisions
Performance Management
Advantages of
Performance Management
• Generate a performance document for every employee for particular
financial year
• Creates a formal structure for communication between supervisor and
employee
• Makes it mandatory for the supervisor to provide timely performance
feedback
• Clarify employees about the performance and behavior expectation
• Plays vital role in the annual planning of hiring, training and
development practices and goal settings
• Motivates the employee to improve their performance
Disadvantages of
Performance Management
• Many times create a negative experience for the
employees
• The process becomes time consuming and not worth it
• The natural biases can result in the rater errors
Thank You
 Performance Management Cycle Performance Management System
 Performance Management Tools Balanced Scorecard
 Bell Curve Appraisal 360 Degree Performance Appraisal
Visit
www.HRhelpboard.com
Learn everything about Performance Managment

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What is Performance Management

  • 2.  Performance management meaning and definition  Types of performance management  Objectives of performance management  Purpose of performance management  Advantages and disadvantages of performance management Lets Understand Step by Step :
  • 3. Meaning: It is a tool used by managers to monitor and evaluate employee performance Definition: It is a continuous process of identifying, measuring and developing the performance of the employees
  • 5. Objectives of  To help employees in achieve set goals  Helps to identify the skills and knowledge required for job  Motivate employees and boost employee empowerment  Provides a communication channel between team  and supervisor  Identifies the issues which leads the low performance  Provides data for several important decisions in the organization Performance Management
  • 6. Purpose of Purpose of Performance Management Feedback Mechanism Development Concern Documentation Concern Diagnoses of Organizational Problems Employment Decisions Performance Management
  • 7. Advantages of Performance Management • Generate a performance document for every employee for particular financial year • Creates a formal structure for communication between supervisor and employee • Makes it mandatory for the supervisor to provide timely performance feedback • Clarify employees about the performance and behavior expectation • Plays vital role in the annual planning of hiring, training and development practices and goal settings • Motivates the employee to improve their performance
  • 8. Disadvantages of Performance Management • Many times create a negative experience for the employees • The process becomes time consuming and not worth it • The natural biases can result in the rater errors
  • 9. Thank You  Performance Management Cycle Performance Management System  Performance Management Tools Balanced Scorecard  Bell Curve Appraisal 360 Degree Performance Appraisal Visit www.HRhelpboard.com Learn everything about Performance Managment