Review:
Performance Management Techniques
overall review score: 4.5
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score is between 0 and 5
Performance management techniques refer to the strategies and processes used by organizations to monitor, evaluate, and improve employee performance.
Key Features
- Goal setting
- Feedback and coaching
- Performance appraisals
- Skill development
- Employee recognition and rewards
Pros
- Helps align individual goals with organizational objectives
- Encourages continuous feedback and communication
- Can lead to improved employee engagement and productivity
Cons
- Can be time-consuming and resource-intensive
- Subjectivity in evaluations may lead to biases and unfairness