Performance management Strategy

Question 1

What are the performance management strategies?

Answer 1

Management by Objectives
Performance appraisals
Self evaluation
Employee observation.

Question 2

Managment by Objectives

Answer 2

A process where managers and employees set individual goals that align with the business’s overall objectives.

Question 3

Performance appraisals

Answer 3

A performance appraisal measures how well an employee has performed their job, provides feedback to employees and establishes plans to improve performance.

Question 4

Self evaluation

Answer 4

An employee assesses their performance, strengths, weaknesses, and career goals to improve and grow within the business.

Question 5

Employee observation.

Answer 5

Gathering feedback from multiple sources to get a well-rounded view of employee performance (e.g., 360° feedback).

360° Feedback:
Employees receive feedback from managers, peers, subordinates, and customers to assess strengths, weaknesses, and skills