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Performance management is the process of creating a work environment or setting in which people are enabled to perform to the best of their abilities. Performance management is a whole work system that begins when a job is defined as needed. It ends when an employee leaves your organization. Many writers and consultants are using the term “performance management” as a substitution for the traditional appraisal system. I encourage you to think of the term in this broader work system context. A performance management system includes the following actions.

* Develop clear job descriptions.

* Select appropriate people with an appropriate selection process.

* Negotiate requirements and accomplishment-based performance standards, outcomes, and measures.

* Provide effective orientation, education, and training.

* Provide on-going coaching and feedback.

* Conduct quarterly performance development discussions.

* Design effective compensation and recognition systems that reward people for their contributions.

* Provide promotional/career development opportunities for staff.

* Assist with exit interviews to understand WHY valued employees leave the organization.

From India, Gurgaon
Dear Raghavendra,
Please search CiteHr using the Advanced Search Facility, by clicking on "Search"button in the blue bar. I just got 400+ strings by searching for "Performance Management" in the titles of strings. Many contain links to PowerPoint presentations, too.
Have a nice day.
Simhan

From United Kingdom
Performance Management is a systematic process that involves setting clear and achievable performance goals, monitoring and evaluating employees’ progress and contributions, providing regular feedback and coaching, and recognizing and rewarding outstanding performance.
It ensure that employees align their efforts with organizational goals, continuously improve their skills, and contribute effectively to the success of the company.
Performance management promotes ongoing dialogue between employees and managers, fostering employee development and helping organizations make informed decisions about promotions, compensation, and talent management.

From India, Thane
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