What is the purpose of performance management?

Question

Accepted Answer

Performance management is the process of setting goals, assessing progress, and providing feedback to improve employee performance.

Performance management helps align individual and organizational goals.
It provides a framework for measuring and evaluating employee performance.
Feedback and coaching are integral parts of performance management.
Performance management helps identify areas for improvement and development.
It supports employee engagement and motivation.
Performance management can lead to better decision-making and resource allocation.
Examples: Setting performance goals, conducting performance reviews, providing ongoing feedback.

Accepted Answer

It sources the candidates with the abilities and attitude, which are required for achieving the objectives of an organization.

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