
Strategy → Performance Objectives → Feedback → Performance Review
4 Steps of the Performance Management Process John Spacey, April 07, 2022
![]() Strategy → Performance Objectives → Feedback → Performance Review
StrategyThe performance management process requires a set of objectives for each employee. These begin with the strategy of your organization, department and team. As such, strategic planning is the basis for performance management. For example, a restaurant that sets goals to improve menus and service that uses these goals to formulate performance objectives for staff.Performance ObjectivesManagers negotiation performance objectives with each of their direct reports. This is documented with a list of objectives for each employee for a time period such as a year or quarter. Objectives are often designed to be SMART. It is also common for them to be weighted whereby large initiatives count more towards performance.FeedbackLow performance is communicated immediately to give employees every chance to turn things around.Performance ReviewAt the end of the performance period specified in the performance objectives, each manager reviews performance with each of their direct reports. The manager formally documents their evaluation and the employee is also asked to document a self-evaluation. The manager's review of the employee is used for performance management and the employee's self-evaluation facilitates the conversation and allows the employee to document their view of their performance. Employees may be asked to submit feedback from stakeholders or may reference this in their self-evaluation. The results of performance reviews feed into compensation reviews, bonuses, promotions, demotions, awards and recognition. Employees with low performance enter a performance improvement process that may lead to termination.NotesEmployees may be asked to sign the performance review of the manager to indicate that they have received the evaluation.The performance management process often includes an employee development process whereby there is a learning and development plan embedded in the performance objectives document.Performance ManagementThis is the complete list of articles we have written about performance management.If you enjoyed this page, please consider bookmarking Simplicable.
Performance ManagementA comprehensive guide to performance management.
Low Performance
An overview of low employee performance with examples.
AchievementsExamples of professional, academic and personal achievements.AccomplishmentsAn overview of common types of accomplishments with examples.Employee Feedback
Useful examples of employee feedback.
Performance Improvement Process
An overview of the performance improvement process with examples.
Productivity ManagementThe definition of productivity management with examples.
Annual Review
A list of feedback areas for an annual employee performance review.
Management Competencies
An list of management competencies.
Employee PerformanceThe common types of employee performance.
Employee Issues
A list of common employee issues.
Work AchievementsExamples of work achievements that are measurable and specific.Leave
An overview of employee leave with examples.
Market Culture
An overview of market culture with examples.
Work Improvement
Common examples of work improvement.
High Performance
The definition of high performance with examples.
Opportunities For Improvement
An overview of opportunities for improvement for employee performance with a list of examples.
Professional Improvement
A list of professional improvement examples.
Workplace Goals
An overview of workplace goals with a list of examples.
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