Chapter 4 - Performance Management Flashcards

1
Q

Why is PM important to organisation?

A

It can achieve competitive advantage

Can use for reward and promotion

Can increase engagement and

Communication with staff

Aligns individual effort and goals with business objectives.

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2
Q

What is performance management?

A

PM should be:
Strategic - it is about broad issues and long term goals

Integrated - it’s should link various aspects of this he business, people management individuals and teams.

Performance management should incorporate.

Development - unless there is a continuous development of individuals and teams, performance will not improve.

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3
Q

How does performance link into business objectives?

A
Strategic plan
Business plan
Departmental plan
Teams targets 
Individual targets
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4
Q

What is performance management system?

A

It is a vehicle for continuous and evolutionary improvement of performance.

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