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Impact Of Performance Management On The Workforce

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This topic focuses and exploring the impact of good performance management on the workforce and also analyse the signs of good performance management and bad performance management. Performance management is a process of communication between an employer and an employee that occurs throughout the year, in support of accomplishing the strategic objectives of the organization. Performance management is a continuing event and not just a yearly task.

Performance management is looking to create high performance in delivering productivity, quality, customer service, growth, profits and ultimately shareholder value. For performance management to truly succeed it needs to become an integral part of the company’s business strategy. Basically the …show more content…

The first one is to communicate a vision to all employees so they will know what they have to do. The second one is to set departmental and individual targets to all the employees. The third one is the formal reviews of progress and targets. Basically it works quite same as the appraisal system. After the third process employers have to review the process and use to identify training, development, and reward outcomes. Just before the last one is to evaluate the whole process regularly and the final one is to repeat the circle again.

The goal of performance management is to encourage discretionary behaviour and the choices that people make about how they carry out their work, and the amount of effort, care, innovation and productive behaviour they display. To increase human capital advantage, this gives it a developmental emphasis.
Employees want direction, freedom to get their work done, and encouragement, not control, it should be a collaborative development system.

The entire system, of coaching, counselling, feedback, rewards should encourage development. It translates high-level organisational goals into individual, team, and departmental goals. It requires continuous feedback.

The impact of good performance management on the workforce

An organization or company cannot just hire employees and expect them to work hard without any flaws. The employers need to lead the employees and show them to understand what the

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