Performance Management

Performance management is the systematic process by which a company involves its employees, as individuals and members of a group, in improving organizational effectiveness in the accomplishment of it's mission and goals. Employee performance management includes:

• planning work and setting expectations,
• continually monitoring performance,
• developing the capacity to perform,
• periodically rating performance in a summary fashion, and
• rewarding good performance.

See Also

Performance Appraisal
Performance Measurement