Performance Management

Performance management is a process by which managers and employees work together to plan, monitor and review an employee’s work objectives and overall contribution to the organization. More than just an annual performance review, performance management is the continuous process of setting objectives, assessing progress and providing on-going coaching and feedback to ensure that employees are meeting their objectives and career goals.

Possible Outcomes from Effective Performance Management:

  • Clarifying job responsibilities and expectations.
  • Enhancing individual and group productivity.
  • Developing employee capabilities to their fullest extent through effective feedback and coaching.
  • Driving behavior to align with the organization’s core values, goals and strategy.
  • Providing a basis for making operational human capital decisions (e.g., pay).
  • Improving communication between employees and managers.