Performance management is an ongoin

Performance management is an ongoing process of providing feedback for employees about their performance to develop them into increasingly productive contributors to the organization.A key element of a talent-management program, performance management ensures that employees are on the right track for completion of their goals, that individual goals are aligned with organization goals, and that employees receive the support they need to be successful. The performance-management process provides for an employee’s professional development in the context of organizational needs.Effective performance management must be based on an agreement between the manager or supervisor and the employee about what the job requires. This information comes from the organization’s strategic plan, the manager’s goals and objectives, and the employee’s essential job functions as contained in an accurate job description. With these elements, the parties can develop individual goals and objectives and agree on the standards of performance to be used in measuring results.