Why does this practice make a difference in organizations?

We can observe, in many corporations, individual work among employees, without a sense of unity and effort towards a goal.

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Performance Management System

The Performance Management System is a Human Resources strategy to optimize and develop the team's skills.

Complementing the performance evaluation , the Performance Management System covers the entire schedule of work, it is essential to collect the necessary information and decision-making regarding the management of people
In this perspective, the Performance Management System builds a file with the entire trajectory of employees within the company, including strengths and weaknesses, developments, attitudes taken and postures adopted.

 

This review process also helps to disseminate the company's organizational strategies, culture and values.

The fundamental element of the Performance Management System is the Individual Performance Assessment , which, as we have already mentioned, is carried out constantly.

 

The employee's Individual Performance Assessment involves two types of review that are defined as: quantitative and qualitative.

Quantitative Assessment : one that focuses on technical and behavioral skills;
Qualitative Assessment : focuses on individual goals and objectives.
It is noteworthy that all objectives, competencies and goals included in the Individual Performance Assessment must be completely aligned with the organization's cultural values ​​and consolidation and growth strategies.

 

In this way, the Performance Management System is fundamental for the employees' career development, to establish the need for training, for promotions, changes in positions, definition of bonuses, construction of feedback , monitoring of goals, and so.