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mba solved assignments of MU0016 Q1. What are the aims of performance management?

Answer: The aims of performance management can be summarised into the following points.
The aims of performance management are:
·         To assist in the achievement of enhanced standards of work performance of an employee or class of employees.
·         To assist employees to identify the knowledge and skills to
perform their jobs efficiently.
·         To ensure that the employees work towards the defined goals.
·         To ensure that the employees receive regular feedback on performance.
·         To assist the employees to achieve personal growth through acquiring relevant knowledge and skills and attitudes.
·         To evaluate the company and its ability to set and reach goals.
·         To identify and remedy situations that are hindering company performance.


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