There is no single performance management practice that can transform an ineffective system into a good one. Performance management systems are just that - systems. They require the coordination of multiple key practices.
Correlating performance management processes and the overall perceived effectiveness of their systems produced a list of nine key practices.
- Plans for helping employees develop in the work period after the appraisal
- Ongoing goal review and feedback from managers
- Training for managers on how to conduct a performance appraisal meeting
- Metrics of the quality of performance appraisals
- Ways of addressing and resolving poor performance
- Appraisal information that isn't limited to the judgment of supervisors