Performance Management Manual (Human Resources Department of a Group): What is performance management? Performance management – Focus on the future – Continuous process rather than annual events – Organically combine the company’s, department’s, team’s and individual’s goals – Improve employee loyalty to the company and boost employee morale – Improve performance through coaching, mentoring and self-development – Share responsibilities, actively participate and learn, and jointly promote the company’s development What constitutes performance management? The cornerstones of performance management: Surveys and studies show that: Gaining competitive advantage through “people” requires the establishment of four cornerstones that constitute performance management
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