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Effective Performance Management leads to better outcomes
Goals motivate
.
People like to do well. Challenging but achievable goals energize and give people a sense of purpose.
Performance measures motivate
.
Since people want to do their best, the simple act of generating feedback in the form of performance measurement can improve results.
Goals and performance measurements communicate.
Setting performance goals and monitoring progress toward those priorities communicates your organization’s priorities.
Performance measurement is a key to learning
Performance measures reveal what works and what doesn’t. This enables any organization to duplicate what works and eliminate what does not.
Performance measurement and management strengthens organizational relationships
By setting clear goals and reporting progress results, leaders create better informed stakeholders (employees, management, investors, customers and suppliers)
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