University of Essex, UK
Performance management (PM) is a pivotal tool for enterprises in achieving strategic goals. PM involves processes to decompose and implement objectives, coupled with employee motivation strategies, standardizing HR practices, and enhancing managerial capabilities. The study critically analyzes the Chartered Institute of Personnel and Development's (CIPD) PM definition and its underlying theories. It is structured into four sections: the PM cycle, training and development, performance measurement, and enhancing PM effectiveness. The research underscores the interconnectedness of PM components and their role in driving employee engagement and organizational efficiency.
Performance management, PM cycle, Employee Engagement, Organizational Efficiency
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