What does it mean when a company performs performance management?

Company operations rely on the work of personnel, and the realization of company goals depends largely on managers’ assessment and supervision of staff (of course, certain incentives must be provided). What you mean by "carrying out performance management" does not necessarily mean that the company did not conduct personnel performance appraisal before, but perhaps certain situations occurred that caused the management to transform the previous daily personnel appraisal into a system or even elevate it to a strategic level.

It may be due to the following opportunities:

The company's strategic goals cannot be effectively transformed into employees' daily behaviors;

Performance results cannot reflect actual performance, and assessment It's always just a formality;

The company's annual goals are well-formulated, but the breakdown into monthly and departmental goals is out of shape;

Building execution has become a slogan, and the company has repeatedly emphasized that Making mistakes;

Performance appraisals are done all the time, but they cannot bring about high performance;

Performance appraisal results cannot be effectively used in rewards and punishments, promotions, and core team optimization.

Redesigning/organizing the performance management system is not only related to the company's performance, but also to achieve the unification of employees' personal work goals and the company's overall goals, which company managers must realize.