Process of Performance Management
Process of Performance Management
PERFORMANCE MANAGEMENT
PERFORMANCE MANAGEMENT
AS A PROCESS
Natural process of Management consist of these basic activities.
Monitor: carry out continuous checks on what is being done and measures
outcomes in order to assess progress in implementing the plan.
Review: consider what has been achieved and, in the light of this establish what
more needs to be done and any corrective action required if performance is not in
line with the plan.
PERFORMANCE MANAGEMENT CYCLE
PLAN
REVIEW ACT
MONITOR
PERFORMANCE MANAGEMENT SEQUENCE
•Plan •Act
Performance Performance
Review Agreement
Personal
Performance Development
Plan
•Review • Monitor
HOW PERFORMANCE MANAGEMENT WORKS
Role Definition
Performance & Performance
Competence Development Agreement Standards
Requirements
Performance &
Development plan
Action
Competence
Performance
Evidence
Measures
Continuous monitoring
& feedback
Non Financial Formal Financial
Rating
Rewards Review reward
PERFORMANCE MANAGEMENT ACTIVITIES
Role Definition
In which the key result areas and competence requirements are
agreed
Performance Review
Which is formal evaluation stage when a review of performance over a period
takes place covering achievements, progress and problems as the basis for the next
part of the continuous cycle- a revised performance agreement and performance
improvement and performance development plans. It can also lead to performance
ratings.
PERFORMANCE MANAGEMENT IN ACTION
It should be treated as a mechanistic system based on periodical
formal appraisals and detailed documentation.
Management
Style Performance Matrix
Low
Low High
Business Performance
MODELS OF
PERFORMANCE MANAGEMENT
Personal Development
Performance Planning Plan
Development
Balanced Scorecard Manager Framework
as Coach
Individual performance
Stage2
Performance Planning Plan
Evaluate
Performance Performance
Improvement Development
Do
Attributes
Personal Rating
Development
Assessment
- pay