Performance management
Posted by faisal movers on December 29th, 2020
Performance management is an important component of human resource development . According to the University of Houston, performance management is a philosophy whose value fosters employee development through a management style that provides frequent feedback and encourages teamwork. Performance management emphasizes communication and focuses on adding value to the organization by promoting improved work performance and encouraging skill development. Performance management is about clarifying job responsibilities, defining performance standards, documenting, evaluating, and discussing performance with each employee.
The management performance involves decisions about performance, compensation, promotions, disciplinary procedures, dismissals, transfers and development needs within an organization.
The management performance is a much broader concept than evaluating performance or disciplinary proceedings. Its objective is the organizational and functional improvement of the team and individual actions. Effective performance management measures the progress made in achieving the organization's business objectives . It does this by planning, establishing, monitoring, reviewing and evaluating organizational, functional, team, and individual performance.Visit here performance management
Overall, performance management can incorporate job design , recruitment and selection , training and development, disciplinary procedures, career planning, compensation and benefits, and performance evaluations.
The components of the performance management system provide the framework within which managers and employees operate. A successful performance management system must:
Incorporate performance improvement, team and people development, and behavior management to ensure productive working relationships.
Have structures that support the effective operation of the performance management system. That is to say. a performance management policy, as well as performance evaluation and disciplinary processes and procedures.
Ensure that employees:
- Know and understand what is expected of them in their job role (i.e. performance objectives and performance standards)
-Have the skills and knowledge necessary to meet these expectations through implementation development plans and learning and development activities.
- Give yourself feedback and an opportunity to discuss your job performance
- Get rewarded for your performance through a reward and reward strategy
- Get counseled for poor performance and / or behavior that is out of alignment with organizational values and / or inconsistent with the achievement of the organization's objectives
- Are supported by the organization to achieve optimal performance.
The performance management system of an organization consists of the following elements or sub-processes:
performance management policies
performance standards and targets
compensation and reward strategy
development and learning plans
poor performance management and discipline
performance process evaluation
Performance management is one of the main tools companies use today to promote talent among their employees. The objective of this function is to improve the results that the different work teams can obtain, improve satisfaction and motivate the talent of the workers.
The importance of this tool - performance management and evaluation - lies in the possibility of identifying and retaining that talent, at the same time that communication in the company and staff development are improved, by allowing them constant training and setting objectives and goalsCurrently, there are many companies that can improve performance by applying different methods and through a good performance management system . For example, establishing the objectives of each department, the responsibilities of each job and each profile, knowing the competencies that each position requires, sharing ideas or establishing continuous feedback.
However, one of the most important phases of performance management is monitoring. At this time, the company has to analyze the tasks that the employee has carried out, their progression and possible improvement of the work that is incorrect. For it to be successful, this task must be constant and conscientious since it will be necessary to take into account the evolution of each period of time.
In summary, the person in charge of carrying out this management must be completely interested in the objectives and the development of the employees, both those related to the organization and personal.
After that, a series of strategies must be established to ensure that the performance of the employees is complete and that they are also satisfied with their work. If you are interested in performance management and / or performance management , take a look at our course onProfessional development and performance, which will allow you to acquire skills for your professional improvement in the field of human resources .
