explain in detail conceptual and operational definition of performance management. discuss the importance and pariorities in establishing best practice in performance management.
Conceptual definition- Performance management is an entity that reflects enhancement of organisational effectiveness and efficiency through processes that help accomplish goals through constructive monitoring, feedback, evaluation and assessment.
Operational definition- The union and congruence of different people, organisations and allied facets that handles critical aspects through evaluation and thereby continuous improvement.
Importance and priorities-
1- Achieving the expected outcomes.
2- Tuning employees/ manpower.
3- Utilising resources in the best possible manner.
4- Smooth functioning of work procedures.
5- Motivational need accomplishment.
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