Seminar paper from the year 2019 in the subject Leadership and Human
Resource Management - Miscellaneous, grade: 1,3, Griffith College
Dublin, language: English, abstract: This text will examine how
performance management has changed, what was important in the past and
what are the trends for the future. The focus will be on small
companies. A performance management system is a part of human resource
management. Through the system, a company can see the development of
each employee's performance. This includes all performance appraisals,
training and actions that have been done and that will be done in the
future. The most important process in this change, as will be concluded,
is a well-developed performance management system that both, managers
and employees, appreciate. It can help to have everyone's highest
performance if it is able to value the individual. This is a challenge
for the big companies as well as for the smaller ones. No one can say
what is the best system, it depends on the company's individual needs.