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Business
Performance Management Systems
Performance Management Systems The success of our organizations depends upon the people who are employed by these organizations. Increasing their effectiveness is the function of a performance management system. It might even be said that the very survival of an organization depends on ability to effectively use a well desgined performance management A well designed performance management system hasy three primary 1. Provides the organization with data for human resource planning and 2. Lets the individual know where he or she stands in the eyes of 3. Helps the individual to improve his or her job performance and At this time in our economic history, productivity improvement is one of national economic issues. We all realize that wage increases cannot be without real gains in productivity. Therefore, the third aim of a system, improving performance and increasing productivity, is soon Two basic factors in a performance management system are related to performance and increased productivity. One is goal setting, the other At their best, the activities and strategies of an ongoing performance system will result in a positive work environment leading to greater the department and the organization. Feedback, regular communication, Bibliography:
Word Count: 231
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