subject: Performance Management System: An Effective Way To Improve The Human Resources [print this page] There is simply no denying the fact that human resources are the most important assets of any prosperous organization. More and more emphasis is now laid on employees, with a view to improve their productivity manifold. This is the time, when companies are looking for right people for the right jobs at the right time. A perfect match between the organizational objectives and individuals goals is the key to success of any organization.
And, this is what done under an effective Performance Management System. The overall focus of this system remains on advancing human resource performance and thus, leading to increasing organizational performance. Managers and sub-ordinates sit together and go through the organizational objectives and come up with attainable individual targets for a specific time period. Employees are made aware of what is expected from them as far as organizational objectives are concerned. In the recent times, the concept of Performance Management has gained significant momentum all across the globe.
Most of the organizations are now keeping a strong eye on the advancement of their human resources. And, this is why; many of them are now opting for Performance Management System. Under this system, an employee is made to measure his contribution to the organization, his strengths and weaknesses, goals for the next performance period, how he managed assigned key tasks and a lot more.
Performance Management System provides a simple structure in the organization whereby both the superior and the sub-ordinates meet on regular intervals with an ultimate objective to meet organizational goals. This also boosts employees confidence in their jobs and they also go for higher goals and this further translates into more earnings for the companies. Now, what more one can ask for? There is everything to gain and nothing to lose.
