Productivity is the amount and quality of the goods and services that can be generated with a given set of inputs (according to McKinsey researchers). whereas Performance deals with the way in which someone functions to accomplish something successfully.

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At Business Sense HR, when we talk about ‘Performance’ we are not just talking about Performance Appraisals or managing poor performers. Rather, we prefer a more holistic approach of creating a culture of high performance and continuous improvement - with a focus on people and process/systems.

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Performance Management is a key element of any organisation’s overall human resource strategy and, essentially, it describes the activities that a company proactively undertakes to ensure that business goals are delivered and to the desired standards.

 

It’s about getting the right people to do the right activities in the right way, and ensuring that every individual understands how every activity they undertake contributes and makes a difference to their organisation’s success.

 

It brings together many elements of good people management practice, including learning and development, measurement of performance, and organisational development.

 

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