Performance Management is key to the success of any organisation. If carried out correctly, it can dramatically improve the performance and productivity levels of teams and individuals by increasing their standards of achievement and therefore increasing results. Effective Performance Management increases moral and motivation within the department and company. If not carried out well, it can demoralise and de-motivate, in turn, causing the staff to sometimes underperform which can then have a dramatic decline on the bottom line profit. Positive Performance Management can be trained as the line manager is the person that communicates influences and manages so effective leadership skills must be demonstrated. It is essential that Managers are at all times positive when dealing with both high and low achievers and that it is consistent throughout the organisation. If specific objectives are set for individuals in line with company strategy, then this will reduce the number of poor performers as everyone is clear of what is expected of them. One essential method is to ensure that each individual has been set smart and clear objectives and has taken an active part in setting and agreeing these objectives. This too increases motivation, self-development and improves job satisfaction. If a company has a good record of developing individuals, it becomes a very attractive employer which attracts a good standard of candidate when the organisation is recruiting. It is essential that the line manager clearly states the objectives for the team and each individual, having the buy in from the team is important as everyone needs to be clear of the direction in which they are working towards. Team members need praise and rewards to motivate and influence them in a positive way.
There are several to measure the individual’s performance. Output measure focuses on the results of what the individual has achieved through quality, quantity and other measurable methods of...