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Dangers of a Poorly Implemented Performance Management System Include Wasted

question 9

True/False

Dangers of a poorly implemented performance management system include wasted time and money,lack of standardized employee ratings,and confusion on how ratings are obtained.


Definitions:

Longer-term Plans

Strategic objectives or projects that are intended to be achieved over an extended period of time.

Focus

The concentration of attention or energy on a specific object, task, or goal.

Time Horizon

The length of time over which an individual, group, or organization views or plans for future events.

Controlling

The managerial process of monitoring performance, comparing it with goals, and taking corrective action as needed.

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