Group HR - Performance Management Process, Managers

Performance Management Process (PMP)

An ongoing process that helps everyone perform at their best, aligning efforts with the organization’s goals.

Performance Goals

Goals set to support the company's mission while being specific, important, and measurable.

Goal Calibration

The process of ensuring that goals within a team are set at a consistent level of challenge and alignment with organizational priorities.

Continuous Feedback

Regular communication that fosters transparency and supports ongoing development.

Individual Development Plan

A structured plan that outlines an employee's development goals and the steps to achieve them.

70-20-10 Approach to Learning

A development framework where 70% of learning comes from on-the-job experiences, 20% from informal learning, and 10% from formal training.

OKRs (Objectives and Key Results)

A goal-setting framework that helps define success clearly through specific objectives and measurable results.

KPI (Key Performance Indicator)

A measurable value that demonstrates how effectively an organization is achieving key business objectives.

SIMple Goals

Goals that are Specific, Important, and Measurable to ensure focus and clarity.

Performance Rewards

Incentives provided to recognize and reward employee performance, typically tied to specific metrics or achievements.