Podcast
Questions and Answers
What is the primary goal of Performance Management?
What is the primary goal of Performance Management?
- Minimizing the cost of organizational processes
- Maximizing the productivity of employees and teams (correct)
- Promoting individual competition within the organization
- Ensuring equal distribution of incentives
What does Performance Management involve in relation to organizational strategy?
What does Performance Management involve in relation to organizational strategy?
- Implementing strict disciplinary measures
- Measuring and improving the value of the workforce (correct)
- Encouraging a relaxed work environment
- Setting individual performance quotas
What is the role of incentives in Performance Management?
What is the role of incentives in Performance Management?
- Creating a competitive work culture
- Ensuring equal distribution of resources
- Establishing a clear relationship between performance and rewards (correct)
- Minimizing the value of the workforce
What is the nature of Performance Management as a process?
What is the nature of Performance Management as a process?
Who is a part of the Performance Management system?
Who is a part of the Performance Management system?