The difference between being a good company and a great company lies in the hands of line managers – those that understand effective performance management, that is.
Companies need to ensure line managers are equipped with the right tools, skill and understanding of management training according to the Chartered Institute of Personnel and Development (CIPD).
A new CIPD book, Performance Management, says performance management is no longer just about pay or measuring objectives. Other organisational issues such as management styles are also being addressed. Line managers communicating expectations and supporting development are also seen as key to good performance management.
The book's author Angela Baron said: “Performance management is a powerful tool that can raise the performance of individuals and the organisation as a whole. But success, or failure, depends on the line managers. If they recognise the value of performance management in enabling them to manage their staff well and meet their targets and objectives, they are more likely to be positive about it.”