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A concept for systematically measuring and steering individual and organizational performance through goals, metrics and feedback.
Performance management is an organizational concept for measuring, steering and improving individual and collective performance within teams and companies. It combines goal-setting, metrics, regular feedback and development actions to translate strategic objectives into operational behavior. Consistent implementation increases transparency, learning capacity and long-term result delivery.
Share of objectives achieved within the defined time period.
Aggregated index of weighted KPIs for overall performance assessment.
Measurable progress in individual development goals and competencies.
A large product company introduced OKRs and a performance dashboard to improve goal transparency and team focus.
The manufacturer established quarterly reviews and development plans to reduce quality deviations.
An HR initiative piloted a tool for continuous peer and manager feedback to foster a learning culture.
Step 1: Define strategy and goal hierarchy, select relevant KPIs.
Step 2: Integrate tools and data sources, establish dashboards.
Step 3: Train leaders, introduce feedback and review cycles.
Step 4: Run a pilot, measure and adapt iteratively.