Downloads: 153 | Views: 242

Research Paper | Management | India | Volume 6 Issue 1, January 2017 | Rating: 6.7 / 10

Performance Management System ? A Noble Approach for Performance Enhancement of an Organisation

Ujjwal Kumar Ghatak

Abstract: Performance Management refers to a comprehensive scientific approach to ensure a link between efforts to individual employees with vision and goals of the organization, to achieve excellence in organization on one side and satisfaction and growth of employees on the other side. Therefore the performance management system is an important instrument to facilitate organization to accomplish its goal. Both Individual skills and contributions and organizational objective measurement is needed to develop the important element of the organization, which is human capital. Employees are the critical factor in performance management system, where glowing designed model of system will result strong management guarantee and better employees performance which show the way to organizations success. With to proper use, performance management system will amazingly beneficial to an organization to enhance its performance, particularly in the management practices in Public Sector Unit (PSU) organization. Based on the emergent framework and extant research, suggessions have been projected which could enhance the efficacy of PMS processes of any organizations

Keywords: Performance management system PMS, Maharatna Companies, Public sector Unit PSU,

Edition: Volume 6 Issue 1, January 2017,

Pages: 357 - 361