Performance Management is a systematic process that helps organizations improve employee performance and achieve their goals. It involves setting clear expectations, providing regular feedback, and conducting evaluations to assess how well employees are meeting their objectives. This process not only helps employees understand their roles better but also aligns their efforts with the overall mission of the organization.
Effective Performance Management encourages open communication between managers and employees, fostering a culture of continuous improvement. By recognizing achievements and addressing areas for development, organizations can motivate their workforce, enhance productivity, and ultimately drive success. This approach benefits both the employees and the organization as a whole.