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Explain The Three Broad Purposes Of Performance Management

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Explain The Three Broad Purposes Of Performance Management
“The three broad purposes for performance management are strategic, administrative, and developmental purposes. Strategic purpose is defined as effective performance management helps the organization achieve its business goals (Noe, 2011).” The strategic purposes for directing performance management are to archive potential issues for building a situation where termination of employment may need to happen; alongside giving a premise to coordinating current employee skills with the present and future needs of the organization. The procedure can frequently help with characterizing employee capabilities as methods for skills inventory, which will permit the organization to know whether there are sufficient employees with the necessary skills for
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