HR Glossary

Performance Planning

Performance planning refers to a company’s formal process of identifying and planning either an individual’s or organization’s goals and the best way to reach them.

what-is-performance-planning

Performance planning definition

Performance planning refers to a company’s formal process of identifying and planning either an individual’s or organization’s goals and the best way to reach them.

The planning is done by both but the employer and employee through a proper plan called the development plan.

Performance planning process

1. Performance planning

2. Performance monitoring

3. Development plans

4. Performance rating

5. Rewards and feedback

Performance planning objectives

• To come to an agreement on the individual’s/department’s job responsibilities.

• To clarify the goals and objectives that need to be achieved.

• To identify the competencies required for doing the job.

• To create an appropriate performance and career development plan for the individual/department/company.

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