WHY WE NEED PERFORMANCE
MANAGEMENT TO THE ORGANIZATION
It is cited that the effective
performance management is a key component for organization success. Hence it’s
a must to ensure that it will execute within the organization to identify
whether the targets been achieved, specific goals are met and whether the
quality is maintained in high levels.
According to Armstrong and Baron
(1998) performance management is a systematical process for improving
organizational performance of individuals and teams by understanding and
managing performance within an agreed framework of planned goals.
THE FIVE KEY AIMS OF PERFORMANCE MANAGEMENT
(Armstrong and Baron,1998)
1.Shared Vision
– Must be align with the organizational objectives and all members of
performance management program should share the same vision
2.Expectations –
Need to outline what is expected from the employees by giving direction and a
purpose.
3.Define high
performance – Though the employees aware of performance it is vital to explain
what is actually meant by high performance and how it could be achieved.
4.Mortivation
and engagement – It is identified that the clear performance management
objectives will create motivation among the employees and improve their
engagement over the given tasks.
5.Ownership and
Responsibility – when individuals are empowered to do a specific target they
will feel more responsible and this will create a high quality output.
In the stage of
globalization strategic HR practices required for every organization.
Performance management helps to get through the competition within the
organization and it is essential to align various organizational functions.
When implemented correctly it will create progressive results in a drastic
rate.
Following are some benefits to the
employees and the organization
1. Improved
Communication – Employees and Managers will have continuous discussions more
often to discuss company objectives and overall progress.
2.Established
rules – Employees and managers will have a fare understanding on process and
specifications that how the Appraisal performed.
3. Reduced stress
– Employees will not get stressed on impressing a manager for random task and
Managers will not get stressed about offending an employee on not achieving a
specific target.
REFERENCES
Performance management overview –
Accipio available at https://www.accipio.com/eleadership/mod/wiki/view.php?id=1741
What is performance management on
business new daily available at
What is the need for Performance
Management –HR help board available at
Thank you for sharing your knowledge about performance management.Effective performance management benefit for both employer and employees.
ReplyDeleteEffective performance management system will be increased job satisfaction and career development of the staff, same will be a competitive advantage to the company to achieve common goals.Tans for shearing
ReplyDeleteGood work Manjula. Performance management is one of the difficult tasks when it is come human resource management. Sharing vision, outlining expectation, motivating and evaluating can be considered as the element of performance management but it should practice as an ongoing process for a better output. Thanks for sharing.
ReplyDeleteInteresting article and nicely explain. thanks share your knowledge in this blog. good luck.
ReplyDeleteThe increased organisational performance will be the central aspect of implementing the performance management system. It would be better if you add it also in your benefits of an organisation through the performance management system.
ReplyDeleteGood work and thanks for sharing!
Performance management helps to get through the competition within the organization and it is essential to align various organizational functions.Good work Manjula.
ReplyDeleteReduced stress – Employees will not get stressed on impressing a manager for random task and Managers will not get stressed about offending an employee on not achieving a specific target.
ReplyDeleteIt is a nice thing.
Effective performance management is essential to businesses. Through both formal and informal processes, it helps them align their employees, resources, and systems to meet their strategic objectives. Thus its very important. Thanks for sharing.
ReplyDelete