Abstract
The fundamental goal of performance management is to promote and improve employee effectiveness, so it is a key ingredient of human capital management. It should be a continuous process where managers and employees work together to plan, monitor and review an employee’s work objectives or goals, and his or her overall contribution to the organisation. Many organisations mistake the annual performance review for performance management, but it is a process, not a once-a-year event. It should operate as a continuous cycle.
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References
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Coppin, A. (2017). Performance Management. In: The Human Capital Imperative. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-49121-9_10
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DOI: https://doi.org/10.1007/978-3-319-49121-9_10
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