What are the Objectives and Aims of the Performance Management Systems?
Performance management system is the systematic approach to measure the performance of employees. It is a process through which the organization aligns its mission, goals, and objectives with available resources (e.g. Manpower, material, etc), systems, and sets the priorities. The competency, skills, and knowledge gaps also are identified through this process which may be improved by providing guidance, training, coaching, and mentoring to employees or teams at different levels and designations. It optimizes the results through a roper channel and process which reduces the conflicts and grievances among teams or employees because each individual is obvious about expectations from his/ her role and puts their efforts to satisfy performance standards. If you are a management student and are looking for some promising then BookMyEssay is the answer.