Page 36 - DMGT517_PERFORMANCE_MANAGEMENT_SYSTEM

Unit 3: Performance Planning

Notes

Note During the performance planning phase, you will:

1. Prepare for the performance planning session by reviewing department mission
statements, goals, objectives, and strategies, and by drafting a preliminary set of
development research performance objectives or job responsibilities.

2. Give the researcher ample notice of the performance planning session, review the
overall purpose and design of the performance management system, share relevant
department materials, and ask the development researcher to draft preliminary
performance objectives or job responsibilities.

3.1 Characteristics of Performance Planning

The given below are the key characteristics of performance planning:
1. Performance planning is the key essential for an effective performance management
system.
2. Performance planning is a continuous process which starts with understanding of
organisational objectives and ends with setting of performance criteria.

3. Performance planning helps in attaining the goals and objectives of the organisation.
4. Performance planning motivate the employees to contribute their best in achieving the key
goal of the organisation.
5. Performance planning is an integral part of performance management system.

6. Performance planning identifies the criteria for assessing the employee’s performance.
7. Performance planning helps in setting the basis for making distinguish between the
different levels of performance.
8. Performance planning helps in deciding the criteria for rewarding the employee as per
their achievements.
3.2 Objectives of Performance Planning

The development of an employee performance management plan is paramount to the success
of any performance management system. A performance plan establishes the development
researcher’s essential job tasks, responsibilities, and critical performance objectives that need to
be achieved or performed during the performance period. The performance plan is mutually
developed during the planning conference and reflects the individual aspects and nature of the

employee’s job.
The key objective of performance planning as given as below:

1. Performance planning clearly defines the purpose of the organisation and to establish

realistic goals and objectives consistent with that mission in a defined time frame within
the organization’s capacity for implementation.
2. Communicate those goals and objectives to the organization’s constituents.
3. Ensure the most effective use is made of the organization’s resources by focusing the
resources on the key priorities.
4. Provide a base from which progress can be measured and establish a mechanism for
informed change when needed.

LOVELY PROFESSIONAL UNIVERSITY 31