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  • Insights On Performance Management System

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    April Sepe
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    A Performance Management System tracks employee performance consistently and measurably to ensure employees are working effectively to achieve business goals. It has 10 key factors including being aligned with strategy, thorough, meaningful, practical, reliable, able to identify effective and ineffective performance, standardized, open, allows for corrections, and generally acceptable. An effective performance management system provides a mechanism for the company to monitor progress towards strategic objectives across the organization.

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    Insights on Performance Management System

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    A Performance Management System tracks employee performance consistently and measurably to ensure employees are working effectively to achieve business goals. It has 10 key factors including being aligned with strategy, thorough, meaningful, practical, reliable, able to identify effective and ineffective performance, standardized, open, allows for corrections, and generally acceptable. An effective performance management system provides a mechanism for the company to monitor progress towards strategic objectives across the organization.

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    10 views1 page

    Insights On Performance Management System

    Uploaded by

    April Sepe
    A Performance Management System tracks employee performance consistently and measurably to ensure employees are working effectively to achieve business goals. It has 10 key factors including being aligned with strategy, thorough, meaningful, practical, reliable, able to identify effective and ineffective performance, standardized, open, allows for corrections, and generally acceptable. An effective performance management system provides a mechanism for the company to monitor progress towards strategic objectives across the organization.

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    © All Rights Reserved
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    of 1

    Reflection paper based on my understanding of a certain topic or report:

    Performance Management System

    Key points:

    A Performance Management System is a mechanism for tracking the performance of

    employees consistently and measurably. It allows the company to ensure that employees and

    departments across the organization are working effectively towards achieving the business’

    strategic goals.

    Insights:

    There are ten (10) key factors of an Effective Performance Management System as

    follows: Congruence with strategy and context; Thoroughness and Inclusiveness;

    Meaningfulness; Practicality; Reliability, validity and specificity; Identification of effective and

    ineffective performance; Standardization; Openness; Correctability; and Acceptability.

    Application:

    With the proper application of an effective Performance Management System

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