Performance Management

$6.00

Discuss how a complete performance management system differs from the use of annual performance appraisals.

Description

Performance management is defined as a process that contributes to effective management of teams and individuals aimed at achieving high levels of performance in an organization. Hence it creates a shared understanding the objectives and the means to lead and develop people to ensure the achievement of the same. Generally, this is a strategy that relates to every organizational activity set in the context of human resource culture, policies, communications systems and style (Armstrong & Baron, 2004). The strategic nature is dependent on the organizational context and may vary from one organization to another. Performance management has in recent times come in handy to replace performance appraisals.