An Introduction to Performance Management
Performance management plays a critical role in any successful business. It is an important management tool.
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What You Will Learn!
- Explain What is Performance Management
- Describe the Elements of Performance Management System
- Describe the Objectives of Performance Management
- Explain the Performance Management Process
- Explain the Key to Performance Management
- List the differences between Performance Appraisal and Performance Management
- Explain the various Performance Appraisal Methods
- List the Steps in Writing Performance and Goals
- Explain the Tips for Successful Performance Management
- Explain What are Key Performance Indicators
- Describe the Challenges of Performance Management
- Explain the Sources of Errors in Performance Management
Description
Performance Management means systematically managing all the people in an organization, for innovation, goal focus, productivity and satisfaction. Hence, Performance Management is the approach to the management of people using performance, planned goals and objectives, measurement, feedback and recognition to motivate people to realize their maximum potential.
Performance Management has been defined as: “A strategic and integrated approach to delivering sustained success to organizations by improving performance of people who work in them and by developing the capabilities of teams and individual contributors”. An important aspect of performance management is performance appraisals where a clear set of quantifiable goals and objectives are used to measure an individual performance against these goals.
Performance-management programs use traditional tools such as creating and measuring goals, objectives, and milestones.
The Company policy should be such as to implement a fair, consistent and industry competitive Compensation Program so as to attract, motivate and retain qualified employees. This policy is specifically designed to compensate employees on the basis of their performance, consistent with the Company's business needs and financial capabilities.
Performance-management programs use traditional tools such as creating and measuring goals, objectives, and milestones.
Through our lessons you will learn ways of adapting your approach to performance management to meet properly individuals needs.
Who Should Attend!
- Human Resource Department
- Managers and Supervisors
- Employees and Staff
- Project managers
- Team leaders
