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Significance of Performance Management Activities in Improving Employees Skills and Abilities: A Study On Selected It Industries
Subject area: Management and Commerce · Area of research: management
Abstract
Performance management is a significant part for well-functioning of the organizations. This process helps the Organization as a whole from defining objectives to achieving the desired goals. The utmost importance of this process is to ensure that the work performed by Employees attains the work of the company. Performance Appraisal is an integral part of Performance Management system. This process helps to examine and evaluate the effectiveness and efficiency of Employees based on their performance under the scheduled period. The main objective of this study is to understand the importance of performance management activities, identify the factors that influence the adaption of Performance management system and various Performance Management data used to carry out this process. There exists a gap in literature review, as previous studies have not explored all the performance management tools that can be adopted by the organizations. It is found that maximum importance is given to only one Technique and tools. Only in least cases more than two tools areused. It is possible to understand the working of Performance Management system, various activities that are adopted by the organizations and activities that they can adopt in the coming future. Also, the tools such as; behavioral Assessment, rating scale and 360 degree Method to analyse the Employees.
Keywords
Performance Management system, Performance Management Activities, Performance Appraisal, Tools, efficiency, effectiveness, objectives, goals.
References
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How to cite this paper
@article{1702576,
author = {Dr. Santhosh M},
title = {Significance of Performance Management Activities in Improving Employees Skills and Abilities: A Study On Selected It Industries},
journal = {Iconic Research And Engineering Journals},
year = {2021},
volume = {4},
number = {7},
pages = {55-60},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1702576.pdf},
abstract = {Performance management is a significant part for well-functioning of the organizations. This process helps the Organization as a whole from defining objectives to achieving the desired goals. The utmost importance of this process is to ensure that the work performed by Employees attains the work of the company. Performance Appraisal is an integral part of Performance Management system. This process helps to examine and evaluate the effectiveness and efficiency of Employees based on their performance under the scheduled period. The main objective of this study is to understand the importance of performance management activities, identify the factors that influence the adaption of Performance management system and various Performance Management data used to carry out this process. There exists a gap in literature review, as previous studies have not explored all the performance management tools that can be adopted by the organizations. It is found that maximum importance is given to only one Technique and tools. Only in least cases more than two tools areused. It is possible to understand the working of Performance Management system, various activities that are adopted by the organizations and activities that they can adopt in the coming future. Also, the tools such as; behavioral Assessment, rating scale and 360 degree Method to analyse the Employees.},
keywords = {Performance Management system, Performance Management Activities, Performance Appraisal, Tools, efficiency, effectiveness, objectives, goals.},
month = {January},
}