MEDICINE

Performance Management Training for Managers

Understanding Performance Management

A thriving workforce is one with effective performers led by an enthusiastic leader. For the maximized output from the employees, fostering a culture of continuous improvement is crucial. Performance Management is an ongoing process of consistent feedback and communication between managers and employees to monitor and assess employee performance. It includes reviewing performance, offering feedback, and aligning employee’s work with the company’s overall goals. According to the Betterworks Survey, “companies adopting continuous performance feedback significantly outperformed competition at a 24% higher rate.” Performance Management is crucial in an organization as it enhances employee job performance by establishing clear, measurable objectives, offering regular feedback and performance reviews, and improvement plans.