Performance Management Systems and Strategies

INTRODUCTION

The success of the organization depends on employees’ performance and how they develop over the period of their tenure with the organization. Performance reviews can help in developing both the individuals and the organizations. For organization, we do not have any end to the level of excellence. Hence, apparently well-run organizations also need to look at the future and plan for the best performance of employees, so that they cascade to overall organizational performance. To compete, sustain, and grow, the performance review requires the organization and its employees to adapt and adjust to the changing environment of business. In the process, performance review develops organizational capabilities to compete, making available ...