performance-management

Vocabulary Word

Definition

'Performance-management' is about managing how well employees work. It involves setting goals, checking progress, giving feedback and helping improve.

Examples in Different Contexts

In human resources, 'performance management' is a continuous process of setting goals, assessing progress, and providing ongoing feedback to ensure employee growth and company success. An HR director might emphasize, 'Effective performance management is vital for aligning individual achievements with our organizational objectives.'

Practice Scenarios

Tech

Scenario:

The quality of our product releases has not been up to par. It's time to reassess our development process.

Response:

We need a stronger performance-management system to ensure quality in our product development.

Impact

Scenario:

The projected impact of our initiatives isn't as significant as we planned. It's time we reevaluate our approach.

Response:

We should enhance our performance-management efforts to maximize our impact and mission attainment.