Performance management system

Page: 81-84

Suresh Kumar R. (Department of Management, Sardar Patel University, Anand, Gujarat)

Performance Appraisal system is a critical activity of any Organization. Organization traditionally has been following conventional system of appraising employee that is primarily meant to reward and recognize employees. However good a system in an Organization there is still a need to design a robust system that ascertains that individual performance should able to drive Organizational performance. Organization focussing on growth is directly related to the performance of its employees as the Organization is made of people and people performance is the only indicator that determines the growth. Performance management system in an Organization should account for the individual accountability and all the stake holders responsible for performance need to support each other and ensure that the they take equal responsibility in ensuring that each of their team members irrespective of functions perform individually and collectively. The new method of managing performance, Management by Action (MBA) is a deliberate tool to remove the gridlock in any conventional system. This article primarily throws light into emergence of new system that by far create a systemic process and steps that is important for performance of employees and Organization