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Performance appraisal. A performance appraisal, also referred to as a performance review, performance evaluation, [1] (career) development discussion, [2] or employee appraisal, sometimes shortened to "PA", [a] is a periodic and systematic process whereby the job performance of an employee is documented and evaluated.
Business performance management (BPM) (also known as corporate performance management (CPM) enterprise performance management (EPM), organizational performance management, or performance management) is a management approach which encompasses a set of processes and analytical tools to ensure that an organization's activities and output are aligned with its goals.
Management by objectives at its core is the process of employers/supervisors attempting to manage their subordinates by introducing a set of specific goals that both the employee and the company strive to achieve in the near future, and working to meet those goals accordingly. [1] Five steps: Review organizational goal; Set worker objective
ISBN. 0-060-56610-8. Built to Last: Successful Habits of Visionary Companies is a book written by Jim Collins and Jerry I. Porras . It outlines the results of a six-year research project exploring what leads to enduringly great companies. The first edition of the book was published on October 26, 1994 by HarperBusiness.
For other meanings, see Smart. S.M.A.R.T.(or SMART) is an acronymused as a mnemonicdevice to establish criteria for effective goal-settingand objective development. This framework is commonly applied in various fields, including project management, employee performance management, and personal development. The term was first proposed by George ...
The satisfaction of goals should be reviewed on a monthly basis, with a larger annual review at the end of the year. Performance measurement is also a key part of the process. Hoshin Kanri is a top-down approach, with the goals being mandated by management and the implementation being performed by employees.
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