It touches on the organization itself by improving production and
reducing waste. It helps the employee or individual set and meet their
goals and improves the employee manager relationship.
This is key in keeping an organization and employee aligned, which
improves performance and productivity, is Performance Management.
When changes occur Performance Management helps the transition to be
smoother and less hectic. It helps the organization and employee have a
stream-lined relationship which improves communication and interactions
between the two groups.
It will help close any gaps that exist in an employee's skill-set and
make them a more valuable employee through feedback and coaching.