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Frequently Asked Questions About Performance Management, Performance Appraisals, Employee Reviews, Appraisal Forms and More

What Are The Components of A Performance Management System?

Many people mistake performance appraisal for performance management. Actually, performance management is a much bigger system, and is much more valuable to managers and companies (and employees) than performance appraisal. The essential

components or parts of an effective performance management system include:

Performance Planning (includes employee goal setting / objective setting)
Ongoing Performance Communication
Data Gathering, Observation and Documentation
Performance Appraisal Meetings
Performance Diagnosis and Coaching