What is the difference between performance management and performance appraisal? This table shows the distinctions regarding focus, frequency, purpose, metrics, and their key components. ⭐Today, we published a new guide exploring the fundamental principles and models in performance management and clarifying terms. Check it out here: 👉https://bit.ly/4bHQ8D2 #performancemanagement #performanceappraisal #performancefeedback #humanresources #humanresourcesmanagement
Mitali Pandey
1mo
So true. While HR strives to create a culture of continuous improvement and establish processes for upcoming milestones, it is crucial that management supports and provides the liberty to implement such policies. The focus often tends to be on the investment in individuals and their immediate productivity, rather than recognizing and leveraging their unique abilities to deliver tasks innovatively. These policies could enhance individual performance and foster new perspectives.
I love this infographic. I've worked hard to get people to understand the difference, and this is a great representation of both PM and PA. Thanks for sharing.
AceNgage
1mo
Great post! Performance management and performance appraisal are often used interchangeably, but they have distinct differences. Your table really clarifies how they differ in focus, frequency, purpose, metrics, and key components. How do you ensure your performance management process stays relevant and effective in your organization? Let's discuss!
Carlos Lienstadt
1mo
Outstanding thoughts!! But is it possible in all companies with any level of maturity in their leadership level? Or in most companies this is yet a "expectation versus reality"?
Thanks for sharing this guide! It's important to understand the differences between performance management and performance appraisal, as they serve different purposes and have different metrics. . #performancemanagement #performanceappraisal #performancefeedback #humanresources #humanresourcesmanagement
Rod Francisco
1mo
And when used with respect, kindness, adaptability, and objectivity both PM and PA can work well in conjunction with each other.
Very helpful!
Thanks for the refresher. Performance management is more in tune with the times as even HR is evolving.
Laura Packwood
1mo
Freddie Williams 🍉Bobby Blaney - may help with current talent strategy planning, nice way to frame thinking and a slightly different use of language can shift behaviour and outcomes
Head of Administration Dal Food, PhD in Economics in National Strategic Planning Heavy Industry Companies, SP-Assoc. CIPD. Talks about #Leadership, #Strategicworkforceplanning, #ChangeManagement, #TalentDevelopment.
1moPerformance management evaluates employees as a whole, while performance appraisal focuses on individual job performance. Performance management is a continuous process of setting goals, assessing progress, providing feedback, and improving employee performance, while performance appraisal is a periodic evaluation of an employee’s job performance against predetermined criteria.