KK6: Performance management Strategies Flashcards
(6 cards)
management by objectives
involves both managers
and employees
collaboratively setting
individual employee goals
that contribute to the
achievement of broader
business objectives.
Performance appraisals
involve a manager
assessing the performance
of an employee against
a range of criteria,
providing feedback, and
establishing plans for
future improvements.
Self-evaluation
involves an
employee assessing their
individual performance
against a set of criteria.
Employee observation
involves a range of
employees from different
levels of authority
assessing another
employee’s performance
against a set of criteria.
How are goals set through a MBO?
- define business objectives
- Manager and employee collaborativly set indivdual goals that allign with the greater business objectives.
- Evaluate employee performance in terms of the Achievement of each goal
- Provide feedback to help improve their performace, and determine where further traning is required.
Explain how information from a performance appraisal can be used.
Can be uses to idenitfy any employee perspective problems and make decisions about employee promotions and terminations.