What is one possible outcome of effective performance management?

Study for the QCAA Business Test. Use flashcards and multiple choice questions, each with hints and explanations. Prepare effectively for your success!

Effective performance management is designed to align individual and organizational goals, leading to a range of positive outcomes. One of the most significant outcomes is improved efficiency and performance. By clearly defining expectations, providing regular feedback, and recognizing achievements, organizations can enhance their overall productivity and effectiveness. This process helps motivate employees to perform at their best, fosters a culture of continuous improvement, and ultimately leads to achieving strategic objectives more efficiently.

In contrast, increased redundancy in the workforce often stems from ineffective management practices rather than effective performance management. Enhanced employee satisfaction scores can be a byproduct of strong performance management, but they are not the primary outcome. While effective performance management may contribute to a reduction in training program costs by identifying specific training needs and optimizing resource allocation, this is not the most direct or prominent outcome associated with an effective performance management system. Thus, the focus on improved efficiency and performance stands out as the most relevant and impactful result of effective performance management.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy