By and large, with a good performance management system, you can be well assured to have a system that will be as good to your needs to ensure that you have one that will foster a sense of accountability and have this as an organizational culture going forward with your efforts towards accountability. With a performance management system, you will be able to align each and everyone’s efforts within the organization with the strategic goals and objectives and helps have their attention and priorities geared towards the things that need to be done and within the set timelines. Management as well is served well with these performance management systems. Management get to appreciate the need for the performance management systems looking at the fact that with them, they will be able to have their focus as well on track towards the key priority areas and deliverables set for a certain period and as such not get sidetracked into those that may not be as relevant overall.
When looking for a good performance management system, there are some things that you should look for in a good one. Number one, know of the fact that one of the aspects of a good performance management system is one that does communicate how the individual team members will be contributing to the success of the organization and it must set out how they will be assessed or evaluated. The second aspect of a good performance management system is the fact that it should integrate the individual goals with the key business priorities so as to ensure greater focus and precision, better and more efficient use of resources and as well make the most use of the time resource, not using it on such activities that are not of much value to the organization. The third aspect of a good performance management system is in the fact that it provides a detailed system for recognizing what gets done and reinforcing how this is achieved. Besides these, a good performance management system should as well create a sense of accountability and the discipline of gauging the progress that may have been made in realizing the specific goals and where necessary make adjustments with the guide of the performance management system in place.
By and large, in most organizations, performance management is often a once in a year exercise where there is a review session, one that is never as welcome by all, both the employees and the employers alike. But for the best results, it would be advisable to consider and ensure that your performance management exercise is an ever continuing activity or process like we have in plans under OKRs and not just these one-time routine exercises that we have traditionally known of.