Employee performance management is an amalgamation of different talent management elements such as talent strategy, learning, training and employee development. The definition of employee performance management is the process of managing employees and teams effectively in order to achieve business growth. The process establishes a shared understanding of the business objectives and an approach to achieve them, while managing and developing people. According to Armstrong and Baron employee performance management is:
A strategy which relates to every activity of the organization set in the context of its human resource policies, culture, style and communications systems
Clearly the nature of employee performance management is different in every organization.
Employee performance management should:
The process should be a tool for the manager and the employee to: - Communicate task expectations - Discuss business objectives - Ensure every individual is capable of delivering his/her tasks - Provide constructive performance feedback - Understand the impact of their actions in team and company level
Employee performance management is about establishing a social environment where teams and employees support business growth using their skills. In this environment, managers are able to plan with the help of their employees. They are able to set expectations and discuss what everyone should do to exceed these expectations. The entire process should be about driving employee engagement and team growth rather than just measuring an employee's performance.
Hope that helps!