Performance Management Steps

Performance Management Steps

Measuring, monitoring and assessing performance is one of the key functions that occurs in an organization.  There are a number of methods and formats for measuring performance. In this discussion you will be comparing and contrasting several of these methods.

1. What are the steps involved with the performance management process?
The forced ranking approach is one of several methods of managing performance described in the textbook. Compare and contrast the fairness of forced rankings relative to two other methods of measuring performance described in Chapter 8.
2. What are two benefits and two potential pitfalls of using a multisource performance rating?