performance management

Outline the purpose of performance management and its relationship to business objectives.
Highlight the components of performance management systems, explaining the process of performance reviews and why they are important.
Outline 2 motivational theories and explain how they can be used by in performance management systems.
Explain the purpose of reward within a performance management system.
Outline the pros and cons of using financial and non-financial rewards, providing 3 examples for each.
Outline and assess the options available to the organisation seeking to reward their staff during good and poor performance periods.
Outline the tools and information necessary to carrying out an effective performance and reward management strategy.

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