Performance Management (HSC SSCE Business Studies): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
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Practise the cards
10 cards from this deck
Performance management
Performance management
Strategy to evaluate & improve employee performance
Two purposes of PM
Two purposes of PM
Developmental & administrative
Developmental PM aim
Developmental PM aim
Develop skills & prepare employees for promotion
Administrative PM aim
Administrative PM aim
Use data for HR decisions on pay, training, benefits
4 steps in PM process
4 steps in PM process
Clear expectations, assess, feedback, development
Fair Work Act 2011 PM requirement
Fair Work Act 2011 PM requirement
Documented evidence of poor performance
Why regular PM feedback matters
Why regular PM feedback matters
Keeps alignment, addresses issues early, motivates staff
5 core PM elements
5 core PM elements
Job design, recruiting, training, rewards, feedback
Effective developmental PM needs
Effective developmental PM needs
Regular feedback & two-way discussions year-round
Key PM value for training
Key PM value for training
Identifies skill gaps & development needs