Methods of performance management & which is the most suitable

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Performance management methods include goal setting, feedback, performance reviews, and 360-degree feedback. The most suitable method depends on the organization's culture and goals.

Goal setting: Establishing clear and measurable objectives for employees to work towards.
Feedback: Providing regular feedback on performance to help employees improve.
Performance reviews: Formal evaluations of an employee's performance against set goals and expectations.
360-degree feedback: Gathering feedback from multiple sources, including peers, managers, and subordinates.
The most suitable method depends on the organization's culture, goals, and resources available.
For example, a tech startup may benefit from more frequent feedback and agile goal setting, while a traditional corporation may prefer annual performance reviews.

Methods of performance management &amp; which is the most suitable

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Methods of performance management & which is the most suitable