Performance Management Strategies
PERFORMANCE MANAGEMENT STRATEGIES
Performance management involves identifying, monitoring, assessing, and developing employees and teams. Planning, monitoring, and analyzing progress toward goals and objectives and offering feedback and assistance to enhance performance is a continual cycle. Performance management aligns individual and team performance with organizational goals.
Performance management involves setting clear goals, establishing quantifiable standards and expectations, providing frequent feedback and coaching, evaluating strengths and weaknesses, and creating strategies to improve. Excellent performance should be praised, while bad performance should be disciplined.