performance management a literature review
TRANSCRIPT
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Presented by-
Sangeeta
Azad Singh
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The performance measurement revolution started in the late 1970s with
the dissatisfaction of traditional backward looking accounting systems.
Performance management system is nowadays very crucial activity in
human resource department. Earlier it was known as performance
appraisal and was a part of personnel management.
Performance management includes activities which ensure that goals are
consistently being met in an effective and efficient manner. Performance
management can focus on the performance of an organization, a
department, employee, or even the processes to build a product of
service, as well as many other areas.
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Lockett (1992), The essence of performance management is the
development of individuals with competence and commitment,
working towards the achievement of shared meaningful objectives
within an organization which supports and encourages theirachievement.
According to Armstrong and Murlis, (1994)Performance management
is a means of getting better results from the organization, teams and
individuals within an agreed framework of planned goals, objectives
and standards.
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Performance management is also known as a process by
which organizations align their resources, systems and
employees to strategic objectives and priorities. Asystematic approach to improving individuals and team
performance in order to achieve organizational goals.
(Hendry et al.1997)
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Why should we bother with performance management? Well, here are
some of the key benefits of a good performance management
system:
For working towards common goals.
To have clear understanding of job expectations.
To provide regular feedback about performance.
To provide advice and steps for improving performance.
To give rewards for good performance & motivate employee for
further achievement.
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Planning
Coaching
Review
Developing Employees
F
E
E
D
B
A
C
k
Developed Performance Management System
The Process of Performance Management
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In this competitive environment where attrition rate continuously
increasing, its very important to develop employee oriented or talent
oriented organization where learning is available at every stage.
Nowadays employees are concerning about their enhancement ofknowledge skill & attitude. So if any organization want to make their
organization employee oriented than they are required to be employee
friendly & there is urgent need to make performance management
system effective & bias free so that organization can win their
employeesfaith and there can be a win win situation for both the parties
with healthy work environment.
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Thank You