Managing Performance

Managing Performance

At the centre of a successful organization is effective and efficient leadership. According to John C Maxwell, “Everything rises and falls on leadership”, therefore the pace and ultimately the level of success an organization attains is primarily determined by her leadership structure and system.

The major responsibility of leadership in any organisation is to develop the people working with them in the process of getting the job done. One of the best ways to developing your personnel/staff is to engage the process of performance management as against Performance Appraisal. PA is the formal assessment and rating of individuals by managers at, usually, an annual review meeting. In contrast, PM is a continuous and much wider, more comprehensive and more natural process of management that clarifies mutual expectations, emphasises the supportive role of managers who are expected to act as coaches rather than judges with the picture of the future in view.

Managing performance is about coaching, guiding, motivating and rewarding people to help unleash their potential and improve organizational performance. Where it works well, it is built on excellent leadership and the high-quality relationship between managers and teams (Halifax BOS)

Performance management is a systematic process for improving individuals, teams and organisational performance. It is a means of getting better results by understanding and managing performance within an agreed framework of planned goals, standards and competency requirements. It focuses people on doing the right things by clarifying their goals. Performance management is a continuous and flexible process, which involves managers and those whom they manage acting as partners within the framework that sets out how they can best work together to achieve the required results. It is based on the principle of management by contract and agreement rather than management by command. It relies on consensus and co-operation rather than control or coercion.

The aim is to develop the capacity of people to meet and exceed expectations and to achieve their full potential to the benefit of themselves and their organization. The overall aim of performance management is to establish a high-performance culture in which individual and teams take responsibility for the continuous improvement of business processes and for their own skills and contributions within a framework provided by effective leadership. Importantly, performance management is concerned with ensuring that the support and guidance people need to develop and improve are readily available. Specifically, performance management is about aligning individual objectives to organizational objectives and ensuring that individuals uphold corporate core values.

要查看或添加评论,请登录

Ayobami Joshua Fatile, FIMC, CMC的更多文章

  • Rise above your Predicaments: Use your situations and Circumstances to your Advantage in Life

    Rise above your Predicaments: Use your situations and Circumstances to your Advantage in Life

    I came from a very humble background and grew up without a spoon. While some are born with a golden spoon, some with a…

  • 5 Ways to Become Rich and Wealthy in Life

    5 Ways to Become Rich and Wealthy in Life

    Wealth is often defined merely as money, but true wealth goes beyond financial assets. It encompasses a lifestyle…

  • The Demands of Success

    The Demands of Success

    "Success" leaves track records because success is neither an event nor happens overnight. It is a long process of…

    1 条评论
  • Teamwork: Three (3) Ways to Maximize your Team's Resources

    Teamwork: Three (3) Ways to Maximize your Team's Resources

    One of the best ways to fully realized your potential is to surround yourself with or serve with a group of people…

  • TEAMWORK

    TEAMWORK

    During the course of my just concluded academic programme, I relearned the power, value and real meaning of teamwork…

  • 5 R’s of Performance Management

    5 R’s of Performance Management

    Performance management is a planned process that involves different components of management. Based on my experience…

    3 条评论
  • EFFECTIVE LEADERSHIP

    EFFECTIVE LEADERSHIP

    Introduction How effective you will be in life and ultimately how successful you will be in life is determined by two…

    1 条评论
  • Developing Leadership Potential

    Developing Leadership Potential

    True leadership is born out of a good sense of purpose. Purpose is the reason why everything is created.

  • How To Maximize Your Potential

    How To Maximize Your Potential

    Potential is one of the most wonderful words in any language. It looks forward with optimism, filled with hope and…

  • CREATED FOR GOOD WORKS

    CREATED FOR GOOD WORKS

    Do you know the specific reason why you are alive? Can you boldly say that you know why you are still in the…

社区洞察

其他会员也浏览了