KK6: Performance management Strategies Flashcards
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.