Performance Management & Strategies

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Performance Management & Strategies

Performance management is one of the key functions to remain employees encouraged and motivate to achieve their organizational goals and let employees work on their own personal strengths and areas for development. The organization will support the employee with strategic planning, setting targets, setting goals, performance appraisals, career planning, rewarding, reviewing outcome, provide feedback etc... It is an ongoing process amid the HRM/Management and employees to achieve the desired goals of an organization.

HRM has been aligned with direct involvement in Performance management (PM) with their strategies to train and Guide employees to achieve goals and targets.

PM process methods tend to change in objectives and needs of the management discussions differ to every year. To begin the process, management and employees has to collaborate with each other to achieve organizational eminence and employee success. There is a miscellany of performance management systems available. But an organization should enlighten about their needs and employee needs. Even the PM system should be up to date with the required standards and whenever there is change in objectives (Tweedie, et al., 2019)

Goals and objectives will be discussing throughout the year of every or every other week/month in group meetings or one to one meeting. These discussions will be focus on e.g. Brand management, sales, sales management, development, troubleshooting, design, marketing strategies, innovations, operational cost, customer satisfaction, complaints, etc… (Spacey, 2018)

Very often we can see meetings will be scheduled along with department heads and sales/business development teams to review their targets and to have a better understanding about the current market situation to improve products and procedures. Hence the marketing/business development teams are the direct contact of the consumer, they must have very wast knowledge of the market situation consumer requirements. Throughout the meetings and daily reporting systems, even an organization have the benefit of keep a track of employees work style and strategies.

Hence it is very clear and understandable that PM plays, one of the major roles in keeping the balance of an organization and its employees. 


Reference


Spacey, J., 2018. 33 Examples of Employee Objectives. [Online]
Available at: https://simplicable.com/new/employee-objectives
[Accessed 31 05 2019].

Tweedie, D., Wild, D., Rhodes, C. & Martinov, N., 2019. How Does Performance Management Affect Workers? Beyond Human Resource Management and Its Critique. International Journal of Management Reviews,, Volume 21.




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