Question 1

What is performance management?

Accepted Answer

The process of achieving better business outcomes through a strategic alignment of individual and business goals, facilitated by continuous communication and feedback between the manager and the employee, is called performance management.

Question 2

What is a performance management system?

Accepted Answer

A performance management system is software that helps the HR team and managers with the performance management process, increasing its speed and effectiveness.

Question 3

What is enterprise performance management?

Accepted Answer

In enterprise performance management, companies can understand, analyse and report on the effectiveness of business processes, with the idea to improve them.

Question 4

What is PMS in HR?

Accepted Answer

A performance management system in HR is defined earlier, a system that helps HR monitor the performance of employees across teams and verticals in a company and take actionable steps.

Question 5

Why is performance management important?

Accepted Answer

Performance management is important because it helps with goal setting, keeps employees motivated and increases their productivity over time, eventually helping the business grow.

Question 6

What is a 9-Box performance grid, and how is it used?

Accepted Answer

The 9-box performance grid is a talent assessment and succession planning tool that helps organisations in evaluating employees in the dimensions of performance and potential.

Question 7

How do remote teams handle performance reviews?

Accepted Answer

Remote teams manage performance management by setting measurable and clear goals.

Question 8

How can performance management boost employee productivity?

Accepted Answer

Performance management can boost employee productivity by establishing clear goals, accountability, transparency, alignment and continuous growth.

Question 9

What is competency-based performance management?

Accepted Answer

Competency performance management is an approach in which the evaluation is done not only on what the employees have achieved, but how they have achieved it.

Question 10

How can small businesses implement a performance management system?

Accepted Answer

Small businesses can implement a successful performance management system by setting clear expectations and goals, and implementing simple KPIs, introducing regular check-ins, etc..

performance management

What Is Performance Management?

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