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PERFORMANCE MANAGEMENT Performance Management Performance management is an ongoing process that occurs throughout the year to accomplish the strategic objectives of organization. Performance management includes: • To set objectives • Discuss the expectations with employees and performance standards • Make identification of goals • To provide feedback • Evaluating Results
COMPONENTS OF PERFORMANCE MANAGEMENT PLAN Career Development Create Individual Development Plan (IDP) Utilize rotations and on-campus and off -campus training Talent Discussion (Development) g in in ch a Co Recognition g Correlate SIP and performance Correlate promotions and bonuses Utilize low-cost, no-cost ideas C ch oa
GAP IN PERFORMANCE
ADDRESS THE PERFORMANCE GAP BY PERFORMANCE MANAGEMENT
PERFORMANCE MANAGEMENT PLAN 1. Develop/Review Position Description 9. Merit Rewards Process 8. Discuss Possible Professional Development Plan 7. Formal Performance Evaluation (no surprises!) 6. Adjust Assignments as Needed 2. Establish Performance Expectations 3. Identify Tools and Training Needed 4. Ongoing Feedback and Communication 5. Handle Issues as they Arise.
SHORT TERM GOALS OF PERFORMANCE MANAGEMENT
LONG TERM GOALS
PERMANENT CHANGE COMPONENTS IN PERFORMANCE MANAGEMENT PLAN
TRIGGER POINTS FOR PERFORMANCE MANAGEMENT PLAN
TRAINING STRATEGY TO ADDRESS PERFORMANCE GAP
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