Performance Management Plan
Introduction
The performance management plan is to
ensure employee performances are recorded and monitored in a structured form. The process covers a framework for employees and managers to understand respective
employee performances and how the manager sees it through two way communication
process thereby management of overall organization performances.
According to
Figure 1: Performance Management Framework Sucre: (exqserve)
The performance management process is
a continual process where managers and employees get the opportunity to receive
and provide feedback on expectations and deliverables states. This process facilitates long-term objectives to
keep on track with quarterly or half-year interactive reviews.
According to the Gallup State of
the American Workplace research. Only 22% of employees are engaged and
prospering, Employees who are engaged and flourishing are more likely to
maintain high levels of productivity, especially in the face of adversity. This
also suggests that 78 percent of the workforce could perform better if their
company had the correct management approach in place.
Seeing fewer deserving employees
receive promotions, a lack of practical feedback and management not involving
staff in goal planning are some of the factors cited in this study for a lack
of motivation. All this together demonstrates the importance of the performance
management process and why each component of it must be executed flawlessly for
the best results.
Conclusion
Performance Management Program is
a collaborative, communication process that enables employees and management to
work to a robust plan in achieving organizational objectives, future plans, and overall
company performances. A good plan with high integrity will support steady and
strong performances short, medium to long term.
References
exeQserve, 2021. exe Q serve. [Online]
Available at: https://exeqserve.com/using-competency-frameworks-for-talent-development/performance-management-framework-2/
[Accessed November 2021].
Gallup
Workplace , 2021. Gallup Workplace. [Online]
Available at: https://www.gallup.com/workplace/238085/state-american-workplace-report-2017.aspx?thank-you-report-form=1
[Accessed November 2021].
Otley, D.,
1999. https://www.sciencedirect.com/. [Online]
Available at: https://www.sciencedirect.com/science/article/abs/pii/S1044500599901154
[Accessed November 2021].
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ReplyDeleteManagers requires to think about what else might now be important to their staff – for instance, a business’ ethics and how this is/was reflected in their approach to staff welfare throughout the pandemic shall be a potential motivator against an employee’s level of performance down the track. Good Article Sujeewa! Thanks for Sharing!
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ReplyDeleteA fundamental guiding principle of an excellent overall performance control plan is constant cognizance on strategic dreams and progress. Since personnel want a clean information of what`s anticipated of them and the way their dreams suit into the agency's overarching fulfillment, it is crucial to set agency dreams to outline what fulfillment even appears like. Good article.
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