Performance Management System

Performance management system is the systematic approach to measure the performance of employees. It is a process through which the organization aligns their mission, goals and objectives with available resources (e.g. Manpower, material etc), systems and sets the priorities.

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Overview, Checklist & Deliverables

Performance management system is the systematic approach to measure the performance of employees. It is a process through which the organization aligns their mission, goals and objectives with available resources (e.g. Manpower, material etc), systems and sets the priorities.

The execution administration framework is a constant procedure of characterizing and conveying the activity parts and duties, execution desires, goals and setting their needs between boss (administrator) and subordinates (workers). It incorporates association, office and representative shared objectives and targets which are lined up with frameworks and assets. It is the channel of providing clarity about goals and also to improve the business processes through various methods and mechanisms.The competency, skills and knowledge gaps are also identified through this process which can be improved by providing guidance, training, coaching and mentoring to employees or teams at different levels and designations. It optimizes the results through a proper channel and process which reduces the conflicts and grievances among teams or employees. Because each individual is clear about the expectations from his/ her role and puts their efforts to meet performance standards.

This process can be applied to a single department / function or to the whole organization. It aims to continuously monitor and measure the performance standards against the desired goals and objectives.

Benefits of Performance Management

  • It supports to provide data to find the skills and knowledge gaps of employees in order to improvise them through training, coaching and mentoring systems.

  • It motivates employees to take new challenges and innovate through structure process.

  • It provides new opportunities to employees for their growth and development in their professional careers

  • It defuses the grievances and conflicts among team members through proper performance evaluation system.

  • It assesses the employee’s performance fairly and accurately against the performance targets and standards.

  • Employees would enable to provide better results because of clarity on their performance targets.

  • Performance management system provides the platform to discuss, develop and design the individual and department goals thorough discussion among manager and their subordinates.

  • The under performer can be identified through performance reviews and can raise their skills levels objectively. It quantifies the learning needs through individual development plans or performance improvement plans as well.

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