Page 237 - Fundamentals of Management Myths Debunked (2017)_Flat
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keeping great people:
               two Ways organizations do this







                                   7-4
                                          Describe strategies for retaining competent, high-performing employees.
                 1           performance Management System






                             •  Desired employee performance levels determined by organizations
                                 and managers

                             •  Actual employee performance levels measured/appraised
                                 by managers

                             •  AKA performance management system


                                   Should people be compared to one another or against
                                                            a set of standards?






                                                                                                    Chris Zuppz/ZUMAPress/Newscom


































                  performance management system
                  A system that establishes performance standards that are
                  used to evaluate employee performance

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