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Performance management is the process of involving employees in accomplishing your organisation’s mission and goals, helping them to set and achieve their own goals for the business, and see how they can reach personal growth as part of this.
Measurement and tracking are a part of how most businesses are managed: agreeing and setting sales targets and budgets, market share, Client satisfaction – and many other areas that tell the Business Owners how things are going against the plan. So it should come as no surprise that there needs to be a programme that measures the Performance of Employees.
Your employees represent a very significant financial commitment
There is a need to quantify the return you get on your investment and ensure that everyone is contributing to the success of the business
It is vital that the workforce are all aligned with the Company objectives and moving in the same direction at the same time
Performance Management Programmes align the objectives and plans of the Business with the month-to-month focus of its Managers, and what its Employees do every working day.
If your business is suffering from some of these issues, then it may be because there is no Performance Management System in place.
Reduced Management confidence
Less direction and support for employer
Loss of good people