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Performance management systems serve as important “feeders” to other human resources and development activities. Performance management provides information on developmental needs for employees. In the absence of a good performance management system, it is not clear that organizations will use their training resources in the most efficient way (i.e., to train those who most need it in the most critical areas). Performance management also provides key information for workforce planning. Specifically, an organization’s talent inventory is based on information collected through the performance management system. Development plans provide information on what skills will be acquired in the near future. This information is also used in making recruitment and hiring decisions. Knowledge of an organization’s current and future talent is important when deciding what types of skills need to.
Performance management systems serve as important “feeders” to other human resources and development activities. Performance management provides information on developmental needs for employees. In the absence of a good performance management system, it is not clear that organizations will use their training resources in the most efficient way (i.e., to train those who most need it in the most critical areas). Performance management also provides key information for workforce planning. Specifically, an organization’s talent inventory is based on information collected through the performance management system. Development plans provide information on what skills will be acquired in the near future. This information is also used in making recruitment and hiring decisions. Knowledge of an organization’s current and future talent is important when deciding what types of skills need to.
be developed or acquired
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Performance management systems serve as important “feeders” to other human resources and development activities. Performance management provides information on developmental needs for employees. In the absence of a good performance management system, it is not clear that organizations will use their training resources in the most efficient way (i.e., to train those who most need it in the most critical areas). Performance management also provides key information for workforce planning.
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