What is the focus of performance management in an organization?

The emphasis on improving employee performance through continuous feedback is the foundation of performance management in an organization. This approach focuses on establishing an ongoing dialogue between employees and their managers, where performance feedback is provided regularly rather than just during annual reviews. Continuous feedback helps employees understand their strengths and areas for improvement in real-time, allowing them to make adjustments and enhance their performance as needed.

Emphasizing continuous feedback fosters a culture of open communication and support, encouraging employees to engage more actively in their own development. This not only helps individuals recognize their contributions but also aligns their performance with organizational goals, ultimately benefiting the entire organization by driving higher levels of performance and productivity.

In contrast, conducting annual performance appraisals is a more traditional approach that may not capture the dynamic nature of day-to-day performance or allow for timely adjustments. While employee training and development are important aspects of overall performance enhancement, they are not the primary focus of performance management itself. Reducing costs associated with employee turnover is a beneficial outcome of effective performance management but does not encapsulate its main focus, which is centered on improving performance through ongoing feedback and engagement.