1. Performance Management Cycle
Defines goals and objectives, including longer term career goals
Updated frequently with progress
Driven by ongoing evaluation, feedback, performance appraisal, and professional goals
Performance Management
Performance Plan
Feedback
Mid-Year Evaluation
Year-End Performance Appraisal
Notes achievements, progress against goals, and areas for continued improvement
Typically drives compensation
Notes achievements and performance gaps during the year
Ongoing documentation as a function of interactions with managers, clients, and colleagues
Notes incremental achievements and gaps during the first half of the year
Reassess goals and objectives