Some more reasons why we do performance management

• Effective performance management increases goal visibility and boosts shared accountability
• Setting relevant and achievable goals is the cornerstone of both individual and company success
• Research has proven that if managers connect with their employees and offer them clarity of direction and feedback, employees remain engaged and more fulfilled in their work.
• Employee satisfaction and retention – people want to know how they are doing and what they can do to improve
• Develop and keep your talent
• To prepare / justify future changes or promotions – supports Succession Planning
• To increase productivity by properly prioritizing work – ensures employees are working on the right things
• Ensures performance conversations happen (not just project status updates!)
• Effective performance management is a hallmark of successful companies. You want the company to be successful, right?