Importance of employee performance management Essay

splendor of employee performance management - Essay Example72). Given the current ch every last(predicate)enges of the economic climate and high rate of unemployment, performance management and employee evaluation is likely to remain a hot topic (Gliddon, 2004 cited in Newman, 2008, p. 172). In simple words, performance management of employees is a process of getting the most out of employees. In redact to achieve this, brass sections need to work on a range of factors that include but are not limited to employees motivation, continued learning, skill improvement, allocation of right jobs to the right passel, fostering teamwork, and providing the employees with an environment where they can win with their capabilities. Performance management has probably never been as important in the organizational context as it is today since the workplace is more dynamic than ever before with new kinds of technology surfacing and creation integrated into the work setup so frequently. Manager s in the contemporary age not only formula the challenge of keeping updated with the latest advancements of technology and integrating them into the workplace, but they also have to take the require measures to enable the employees to make effective use of those technologies. This makes it a continuous process with great margin of trial run and error, requiring great knowledge and experience to handle the intricate issues with respect to performance management. If you are a manager, the come up principle holds clear implications for where to focus your efforts. It suggests that you have more influence than you may realize over employees well-being, motivation, and imaginative output. Knowing what serves to catalyze and nourish progressand what does the oppositeturns out to be the key to effectively managing people and their work (Amabile and Kramer, 2011). Discussion Why is performance management important? Performance management of employees in an organization derives its impo rtance from the fact that it is a way to reinforce the decisions tie in to organizational personnel like those related to transfer, promotion, compensation and reward, training and skill development, planning of human resources, and development of the organization as a consentient (Bhattacharyya, 2011, p. 58). The level to which each of these factors is considered important may vary from one organization to another but all of these factors govern the performance of employees in any organization. Besides the primary importance of the contrastive factors in different organizations, performance management strengthens the relationship between the management and the subordinates, and improves motivation and flow of communication in the organization, therefrom improving its overall performance. From the perspective of human capital, performance management plays a very important manipulation in the development of the human capital of an organization (Smither and London, 2009). The imp ortance of performance management of employees in the organizations is enlarge with the help of some case studies below Case Study 1 One of the prime motivations arse conducting performance reviews is eradication of bad performers from the organization. This is a case in which performance management helped in the realisation and weeding out of a bad leader. Usually organizations tell their managers to establish a paper trial to apologise the termination of an employee that is deemed a poor performer. In such cases,