Is Your Company's Performance Management System Broken?

I am sure the majority of companies have some sort of performance management process in place.  So typically  its not do you have a system in place but is your system effective.  To find this answer lets first look at what is a performance management system.

A Performance Management System provides structure and processes to the activities and interactions between a supervisor and an employee.  Which relates to the achievement of goals and expectations.  Below are examples of what makes for an effective and productive performance management system.
     Employee Input/self-assessment
     Completed on a regular basis
     Performance tied into reward system
     Manager Buy In
     Relevant to employee's job responsibilities

To help see if your company's performance management system is adequate ask yourself the following questions.
    Are employee's performance improving on a regular basis?
    Do employee's talents and skills match their role in the organization?
    Are employees engaged?
    Is the training employees receive preparing them for their responsibilities?
    Is employee performance related to compensation and recognition?

I hope this offers you the frame work to get started and start shaping your company's Performance Management System if it needs fixing.

"Whatever you are, be a good one" - Abraham Lincoln