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Compare different methods of Performance Management

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13.May, 2017 0 Best Articles

Compare different methods of Performance Management

 Compare different methods of Performance Management

Here the performance management can be defined as an ongoing process of communicating among the supervisor and the employees of the organization with the support of accomplishment of organizational goals and objectives. It can be compared the different methods of performance management as follows;

Process Explanation Best used when…
MBO ( Management By Objectives) This can be identified as a collaborative method of defining future targets through the consultation When the organization is using formal process to measure the performance accurately
360 Degree Appraisal This may gather feedback from all the parties in order to get a holistic view on the overall performance When there’s sufficient time, funds and efforts are available
Self – Assessment Here the individual can assess their own performance in order to set the criteria When there’s interview style of PM
Assessment on Competency base Here it may asses the components of the competencies like skills , abilities etc. When skills and abilities can be clearly identified and measured

Table 1.2 – The different methods of Performance Management


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