What is performance management?

Performance management is best defined as a continuous process. This concept emphasizes an ongoing cycle where managers and employees engage in regular discussions about performance, set goals, provide feedback, and make adjustments as needed throughout the year.

Engaging in continuous performance management fosters a supportive environment that encourages employee development, allows for the timely identification of issues, and promotes alignment between individual goals and organizational objectives. Continuous feedback loops help employees understand expectations and improve performance over time, which is far more effective than a one-time evaluation.

The nature of performance management is to integrate various aspects such as goal setting, performance development, and employee engagement, rather than just focusing on any single dimension. This holistic approach is beneficial for both employees and organizations, ensuring that performance evaluations do not merely serve as documentation for employee discipline or as an isolated event but are integral to the overall improvement and success within the workplace.