What is performance planning?

Performance planning can be mentioned as an organization's formal process of identifying and planning a persons or a business's goals and the most efficient method of achieving them. Having a performance plan is to reach an agreement on a person’s or a department's job roles/ responsibilities. Performance planning can also make the goals and objectives that need to be achieved more clear.

Both the employer and employee do the planning this is through a good plan, also called the development plan.

The process of performance planning can be done as shown down below:

  • Performance planning
  • Performance monitoring
  • Development plans
  • Performance rating
  • Rewards and feedback
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