Importance of Performance Management in an Organization
The success and growth of an organization purely depends on the contribution of their employees to the organization. In order to facilitate effective contribution, employees must know what is expected from them and how they are measured up to those expectations. An organization is expecting high level of performance, commitment and results from their staff at all levels. They strive to create an environment where all members understand the impact of their contribution towards achievement of the organizations vision and are provided the opportunity for personal growth. Therefore, the Performance Management should be a process of continues communication between team members and their supervisors. Managing performance is a mutual responsibility of team members and the respective supervisors. “ Performance Management is a systemic and continuous process of improving organizational performance by developing the performance of individuals and teams ” (Armstrnog 2023) It creates a...