11 Facts About Performance management

Performance management is the process of ensuring that a set of activities and outputs meets an organization's goals in an effective and efficient manner.

Performance management can focus on the performance of an organization, a department, an employee, or the processes in place to manage particular tasks.

Performance management standards are generally organized and disseminated by senior leadership at an organization and by task owners, it can include specifying tasks and outcomes of a job, providing timely feedback and coaching, comparing employee's actual performance and behaviors with desired performance and behaviors, instituting rewards, etc.

Performance management principles are used most often in the workplace and can be applied wherever people interact with their environments to produce desired effects—schools, churches, community meetings, sports teams, health settings, governmental agencies, social events, and even political settings.

Way performance management is applied is important in getting the most out of the group.

Performance management problem is any gap between Desired Results and Actual Results.

Performance management improvement is any effort targeted at closing the gap between Actual Results and Desired Results.

Performance management is the term used to refer to activities, tools, processes, and programs that companies create or apply to manage the performance of individual employees, teams, departments, and other organizational units within their organizational influence.

At the workplace, performance management is implemented by employees with supervisory roles.

In order for performance management to be successful, businesses must continue to adapt their system to correct their current deficiencies.

Effective management will set up a performance management system that is distinctive and consistent.