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Developing a Performance Management System
What is Performance Management? Performance management means managing individual employees, together with the entire organization to achieve the desired performance objectives. The whole organization is aligned and working to achieve common objectives. This is about managing for success, measuring performance and productivity and the management responsibilities that go with it:
Why is performance management important for your company?
- People perform better when they know what is expected of them.
- Individual and company objectives are aligned. Your annual business plan is built from the roll-up of the performance objectives of each individual employee, all the way up to your CEO.
- Using the same tools and processes facilitates systematic follow up, accountability and coaching.
- Effective objective-setting and performance evaluation anchor pay-for-performance compensation.
- Core competency evaluation is the basis for coaching, professional development and succession planning.
How Performance Solutions can help you: Working collaboratively with your own project team, we:
- Facilitate alignment of your vision, mission, values, strategic plan and annual business plan;
- Develop performance objectives and metrics;
- Develop the competencies, skills and behaviors for different skill sets or job families;
- Integrate performance management with pay-for-performance compensation;
- Provide implementation support and training.
Online Performance Management
- Our own customized online system is available if you’re ready to jump to the next step.
Contact Performance-Solutions-Group, Inc. For more information, please contact us at (203) 987-3338; info@performance-solutions-group.com
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