ADMIN
[COMPANY NAME]
, Fully analyse the purpose of a performance management system. In
your answer you should describe how a performance management
system is established and developed.
A performance management system (PMS) is a framework that
helps organizations ensure that employees' activities and outputs are
aligned with the organization's goals. It serves multiple purposes,
including improving employee performance, aligning individual
objectives with organizational goals, providing feedback, and
fostering professional development. Here's a comprehensive
analysis of the purpose of a PMS, along with how it is established
and developed:
Purpose of a Performance Management System
1. Aligning Individual and Organizational Goals:
o Objective Setting: Helps in setting clear, measurable
objectives that align with the organization’s strategic
goals.
o Goal Congruence: Ensures that every employee’s efforts
contribute towards the larger organizational objectives.
2. Improving Performance:
o Continuous Improvement: Provides a structured
approach for continuous performance improvement.
o Benchmarking: Helps in identifying performance
standards and benchmarks for various roles.
3. Employee Development:
o Skills Development: Identifies skill gaps and provides
opportunities for training and development.
o Career Progression: Supports career planning and
progression through feedback and development plans.
4. Providing Feedback: