How much of you is in the organization that you work for? If you are an employee, there certainly must have been times that you have asked yourself this. Although many of us think that we do our best in achieving our daily professional tasks, this perception may not always be aligned with the organizational goals of the company we work for.
Performance management looks at how an organization plans, measures, monitors and enhances its performance on different levels – departmental, procedural, workforce, systems or financial – in order to ensure the overall success of the organization.
If you type “performance management” in any available search engine, you will be flooded with news mentioning the status quo of employee performance reviews, or rather, pointing out to the fact that they are becoming obsolete.
In 2017, the Performance Magazine editorial team interviewed Bård Kuvaas, Professor – Department of Leadership and Organizational Behaviour at the BI Norwegian School of Management, Norway. His thoughts and views on Performance Management are detailed below.
”The main challenges of Performance Management in practice are due to the fact that the process is time consuming and that people haven’t focused enough on the development of performance.”
In a global market this competitive and dynamic, it looks like companies that take action and embrace change are winning the struggle to stay relevant.