PERFORMANCE MANAGEMENT

Performance management is an ongoing process between managers and employees that effectively working together to meet a Year-to-Year strategic objective of the organizations. The fundamental goal is to improve the overall organizational performance by managing the performance of teams and individual. It clarifies the employee’s job responsibilities and expectations, setting organization objectives, identifying employee’s goals, providing feedback on the performance of the employee through the year, and keep reviewing the results. Performance management requires a multifaceted approach linked to organizational strategy, it brings together many of the elements that make up the practice of people management, as its aim is to ensure that employees contribute positively to business objectives through the year.