Performance Management and Performance Reviews
Performance management is a process by which managers and employees work together to plan, monitor and review an employee’s work objectives. This will ultimately link the organization’s goals and strategies to individual and team performance, to increase organizational effectiveness. More than just an annual performance review, it is a joint, continuous process that involves both managers and their direct reports in setting objectives which correlate to the higher goals of the organization. This involves assessing progress and providing on-going coaching and feedback to ensure that employees are meeting their objectives and career goals.
Every company wants their employee to succeed, reach their highest potential, and meet their career goals. A performance review is a catalyst to allow this to happen. It is is an opportunity for individual employees and managers to engage in a dialogue about performance and development, and to discuss what support, if any, is required from the company.