Performance Management for Human Resource

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Performance Management for Human Resource
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Performance management is the method or technique through which organizations employ to
determine and ameliorate the performance of its staff. Most organizations use performance
management to keep track of its performance through different levels which include;
organizational level, a functional or departmental level, and a personal level (Bhattacharya,
2011).
There are 5 reasons as to why performance management is important in business and ways
through which it can improve the entire business performance and they include the following;
1. aligns strategic goals
An effective performance management system clarifies to the employees what the organization
aims to get that is its strategic objectives and goals. This helps them to understand and
concentrate on more significant activities that are of benefit to the business.
2. Drives employee development
A continuous performance management system ensures that the staff is competent and
continuously improves its skills by reviewing factors that may hinder effective organizational
performance and provide resources such as training.
3. engages your employees
Involving employees in various business activities makes them feel in charge of their careers,
and responsible for their own development. This makes them feel satisfied with their jobs, hence
the organization is able to maintain a competent and productive workforce that contribute to the
overall success of the business.

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4. Encourages performance conversations, feedback, and recognition
When workers are confident to converse with their employers on the challenges they are facing,
they suggest effective and most probable measure that can be taken to ease the situation. This
helps to save time and ensures a friendly working environment. It also helps the employees to get
the feedback of what they have been doing get recognized for it, and identify the areas that need
to be rectified or improved.
5. Improves your bottom line
Bottom line improvement is achieved through reduction of costs which is incurred in the
business due to ignorance and incompetence of the workforce. These costs can be reduced
through proper training, employee engagement and participation to increase job satisfaction.