Benefits of Effective Performance Management

If you succeed in managing your performance, you will enjoy amazing benefits and advantages.
Some of these benefits are mentioned here below:

 

Optimimum use of available time:
Time is a very essential commodity in performance management. People will not only be able to accomplish set tasks and meet their targets in time, but due to the existence of realistic and tangible performance measurement/indicators, they will also progressively accomplish more tasks than before this experience.

Teamwork:
My performance management model suggests a centralised work plan at departmental/section and or team level. By regularly reviewing the work plan at these levels, members will develop a better team spirit and will find it easier to learn from one another. Duplication of tasks and duties will be eliminated.

Efficiency:
By soliciting for and responding to feedback from team mates, employees and clients, there is significant reduction in wastage of resources and time on unproductive activities and tasks. There is also the benefit of retaining employees and clients resulting from access to their needs through feedback and therefore the opportunity to meet those needs. Through an efficient notification mechanism, planning is made easier. There is also remarkable improvement in service delivery. This will lead to reduction in operational and professional development costs resulting in affordable products and services, which will ultimately attract more clients.

Creativity and Innovation:
This performance management model really encourages creativity and innovation. These are the basic ingredients that bring about excellent performance.

Avoid Re-inventing the wheel:
This performance management model further encourages proper keeping of records for future reference. I will teach you basic skills on how to quickly and conveniently analyse all your records. Statistics and records are a very powerful way to influence productive changes. Making a work plan doesn’t require starting from scratch every time.

Annual Leave:
Having a department/section/unit/team work plan enables any individual to take their leave whenever they need to. This will not affect their work because priority tasks can be efficiently handed over to any another member of the team even at short notice.