What is a Performance Management System?

It’s in the interest of every team leader to implement a performance management system. Maybe that’s something you’re well-acquainted with, or maybe this is the first you’re hearing about it. Either way, there’s some merit in pausing to review what a performance management system is, and how effective performance management can be implemented.

Let’s start at the beginning, covering a basic definition before moving into some specific action items that leaders can put into practice.

What is Effective Performance Management?

When we talk about a performance management system, we’re talking about the kind of environment you create in your workplace. Specifically, you want to create an environment that empowers everyone to do the best job possible; to perform to the highest standards of quality and precision. This encompasses your own, personal performance as well as the performance of your team members.

There are a number of core components to an effective performance management system, including:

• Establishing clear job descriptions. What is each team member supposed to be doing…