Implementing Performance Management Systems in Organisations
Acme Intellects International Journal of Research in Management ISSN 2320 – 2939 (Print) ISSN 2320-2793 (online),Vol- 4,1-14, 2013
14 Pages Posted: 22 Jul 2019
Date Written: 2013
A performance management system, when implemented well, can contribute significantly to an organization‘s overall performance. However, there is limited literature in this context, and the present paper explores the current available sources of information on issues in implementing an effective performance management system. There are a significant number of studies discussing impact of certain variables like clarifying mission, vision and goal setting, performance based rewards arrangement and performance based training and development and review in individual and organizational level. This paper helps to clarify the concept of effective implementation of performance management systems to practitioners and attempts to identify further gaps in the literature, for future researchers interested in the area.
Keywords: Performance Management, feedback, Performance Based Compensation, Setting Goal
JEL Classification: M00, M10, M12, M13, M14
Suggested Citation: Suggested Citation