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Tuesday, 1 May 2012

Performance Management.


May the first is regarded as employees day in most parts of the world. At this time of the year employees evaluate their work and assess the importance of their role in their particular organisation. This is also the time they take to reflect on whether they can escalate(professionally) or change their career path. Therefore performance management plays a vital part in assessing the situation which can yield the best possible results to make that decision. This is also the time to refer to the appraisals conducted late the previous year by the employer and stakeholders to come up with reasonable strategies to retain the good and acquire more talent. 




Performance Management when implemented strategically and on point can yield the best results that will impress  the stakeholders from any point of view. Feedback from conducting these measures can highlight and shed light on some of the dark areas or stumbling blocks  that the organisation might face. The reason employees have a three month probation period is so that they can familiarize themselves around the work environment to adapt to whether or not they can fit in or move on, the same interests applies with the organisation which hired them. 


The video above clearly explains that an employee is a valuable asset and the most priced asset of all assets within the organisation or business environment. This explains that in return for the services that the employee offers, the organisations pay them in form of wages, incentives(Training), salary and fringe benefits. Work environments are different and they operate differently in their unique way so that they can manage to execute their plans strategically.  For organisations to continue with their day to day running of business they needs employees and the employees need job security. In order to do this employees have to be committed, engaged so that they remain focused on their performance so that its not disrupted, in return the employers pay for their services on time.

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