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An Impression of Performance Management System in Industrial Sectors - A Literature Review

Author(s):

Ujjwal Kumar Ghatak , RAYALASEEMA UNIVERSITY

Keywords:

Performance management system (PMS), Industrial sector, Employee, Goal

Abstract

An extant research on Review of Literature on Performance Management indicates that it is a complete logical move- toward to ensure a link between efforts to individual employees with vision, mission and goals of the organization, to achieve excellence in organization on one side and contentment and growth of employees on the other side. Therefore the performance management system is an important instrument to facilitate organization to accomplish its goal. Both Individual skills and contributions and organizational objective measurement is needed to develop the important element of the organization, which is human capital. Employees are the critical factor in performance management system, where glowing designed model of system will result strong management guarantee and better employees’ performance which show the way to organization’s achievement.

Other Details

Paper ID: IJSRDV4I110319
Published in: Volume : 4, Issue : 11
Publication Date: 01/02/2017
Page(s): 296-304

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