Performance management is closely related to

Performance management is a strategic approach to creating and sustaining improved performance in employees, thereby delivering better results for an organization. It’s about aligning the organization’s objectives with employees’ agreed measures, skills, competency requirements, development plans, and the delivery of results. The emphasis on performance management is on improving the future effectiveness of employees and, ultimately, the organization. This involves ensuring that employees understand the importance of their contributions to the organizational goals, providing feedback on their performance, offering training to develop their skills, and rewarding accomplishments appropriately.

Performance management is closely related to several key activities in the human resources and management fields:

1. Goal Setting: It involves setting clear and specific performance goals for employees that are aligned with the company’s strategic objectives.

2. Continuous Feedback: Regular, constructive feedback helps employees understand how well they are performing and what improvements are needed.

3. Performance Appraisals: These are formal assessments where an employee’s performance is documented and reviewed, usually annually or semi-annually.

4. Training and Development: Identifying areas where employees can improve their skills or acquire new ones to better perform their roles.

5. Reward and Recognition: Acknowledging and rewarding employees’ efforts and contributions towards achieving organizational goals.

6. Career Planning: Assisting employees in planning their career paths within the organization to achieve personal goals that align with organizational objectives.

Through these interconnected activities, performance management aims to cultivate a high-performance culture where continuous improvement and excellence are encouraged and