Theoretical and Applied Economics (Mar 2017)
Performance management in the context of globalization
Abstract
All managers focus on obtaining a progress by changing work styles, implementing new technologies, increasing the production capacity, improving the products and services. All organizations either public or private demand a strategy that clearly defines the attainable objectives, the problems most likely to appear, the necessary resources and means. Performance management is a new approach to evaluating personnel. It’s general aim getting higher results for the organization, team and individuals. Performance management must be seen as a meeting, so that for both the manager and people he’s working with is means having a open mind, a mutual wish of finding constructive solutions. Performance management always means focusing on three separate detections: performance, competence and professional future. The first two directions represents mutual commitments that are to be studied (for the past) and stipulated (for the future).