What is the primary goal of performance management?
A. Improve organizational performance
B. Increase product variety
C. Enhance financial outcomes
D. Develop new products
Answer (2)
The primary goal of performance management is to improve organizational performance through systematic processes that enhance efficiency, productivity, and employee morale. This collaborative approach ensures that individual goals align with the organization's objectives. Therefore, the chosen answer is option A: Improve organizational performance.
;
The primary goal of performance management is (A) Improve organizational performance.
Performance management is a systematic process aimed at enhancing an organization's overall effectiveness by optimizing the performance of its employees, teams, and the organization itself. Here's a breakdown of what performance management involves:
Setting Objectives : Clear objectives are established at the organizational, team, and individual levels to align efforts with the organization's goals.
Continuous Monitoring and Feedback : Regular monitoring of performance helps identify areas of improvement and opportunities for growth, with feedback provided to guide employees.
Evaluating Performance : Through assessments such as annual performance appraisals, organizations evaluate progress towards meeting goals.
Development Plans : Personal and professional development plans are created to help employees improve skills and advance their careers.
Recognition and Reward Systems : Effective performance management includes recognizing and rewarding employees to motivate them and reinforce desired behaviors.
By systematically managing performance, organizations aim to improve efficiencies, enhance employee engagement, and ultimately achieve better overall performance. Therefore, the correct answer to the question is (A) Improve organizational performance.
