Acquiro | Blog
What is a performance management strategy?
Thursday, 18 Feb 2021 00:00 am
Acquiro | Blog

Acquiro | Blog

Performance management is a combination of a set of steps. HR Managers use them to check employee performance. The aim is to ensure employees always work towards an organization’s objectives.

This covers both the strategic and operational aspects of the business. As a result, your managers need the right strategies. This ensures their performance management activities align with the organization.

Usually, performance management involves the following tasks:

Reviews are your way of keeping track of employee performance. They’re also how you’ll provide recognition and feedback to your employees.

That sounds simple, yet it’s something that many businesses struggle with. The stats bear this out:

This has led to a mistaken belief that performance reviews aren’t valuable. That’s not the case. Instead, it shows that your performance review model isn’t up to a high enough standard.  Here are 6 performance management strategies for your managers and supervisors. Each helps to build a strong performance review process.