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Performance management is the backbone of any thriving organization. It’s not just about annual performance reviews or ticking the right boxes. An efficient performance management process helps align individual goals with organizational success. But, what exactly makes up an effective performance management system? The HR Digest helps answer this question by diving into the five key elements of performance managem
ent. What are the five elements of performance manageme
nt? The five components of performance management form the backbone of an effective performance management system. First, goal setting establishes clear, SMART objectives, aligning individual and organizational priorit
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s. Second, continuous feedback ensures ongoing,