Performance management can be used to encourage effective and clear communication and documentation between managers and employees. In addition, Performance management systems allow for professional and personal development goals to be achieved by setting clear expectations. Performance management can be a critical tool in attracting, identifying, and retaining a talented workforce. If done right, performance management can give companies a competitive edge that will allow them to rise above the rest.
The Vice President of Human Resources (HR) has just returned from a conference, and one the main topics that captured her attention was performance management, which has come a long way since her entry into the industry 25 years ago. She has tasked you, the Director of HR, with developing a report that explains the challenges associated with performance management and possible solutions to address workforce performance within the organization. This information will support her recommendations to implement a new performance management system within the organization.
To help you in your research, she has given you access to some videos that will help to cover some of the main points of the topic: Unit 1 IP LinkedIn Learning Path.
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