Please enable JavaScript.
Coggle requires JavaScript to display documents.
CHAPTER 1: INTRODUCTION OF PERFORMANCE MANAGEMENT SYSTEM - Coggle Diagram
CHAPTER 1: INTRODUCTION OF PERFORMANCE MANAGEMENT SYSTEM
DEFINITION
Performance Appraisal
Systematic evaluation of employees job performance
Performance Management
The continuous process of identifying, measuring and developing the performance of employees and align their performance with their organizational goal.
Performance Management System
System of goal-oriented and continuous ways to appraise and manage employees performance
PROCESS OF PERFORMANCE MANAGEMENT
Continuously assess goal attainment.
Report goal attainment to management and to team and individual.
Assign goals to department, team and individual.
Take corrective action as required in real time.
Set company's strategic goals.
FACTORS INFLUENCING INDIVIDUAL EMPLOYEE PERFORMANCE
Motivation
Bonus
Co-wooker
Work environment
Knowledge and skills
experience
BENEFIT OF AN EMPLOYEES PERFORMANCE MANAGEMENT SYSTEM
IDENTIFYING TRAINING NEEDS
Improve current performance by giving workers feedback.
Provide channel of communication between managers and subordinates.
Encourage quality performance by rewarding those who do well.
Initiate fair disciplinary proceedings.