Best Practices.docx

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[SHORTENED TITLE UP TO 50 CHARACTERS] 2 Best Practices in Performance Management Yaminah .R. Moses BUS3040 Capella University
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[SHORTENED TITLE UP TO 50 CHARACTERS] 3 Best Practices in Performance Management Performance management is described as being a process that is continous in evaluating, measuring, and identifying teams and individual performances and ensuring that the goals of the organization is aligned with the performances. In the corporation of NESTLE their process includes setting goals, communicate, observe, and evaluate. This is used to continue the growth of the company and the employees that work for them . This company believes in performance management versus performance appraisal, the difference between the two is that,"performance management: dynamic, continous process, improves organizational effectiveness, and sets strategic goals", (Kumar, 2014}where as performance appraisal is done annually with a formal review is always considered the last step.Recognizing that people is what makes the difference is how NESTLE supports and
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