Performance review is a formal and ongoing assessment in which managers evaluate an employee’s work performance and discuss how to achieve future set goals.
Performance coaching is an effective feedback process to direct and redirect work efforts and behaviors.
In a rapidly changing business environment, the annual performance appraisal is far from meeting the needs of enterprises with an agile management system.
The purpose of performance review and coaching is to help employees further understand the intention of performance indicators, the relationship between performance indicators and the company’s strategic goals, and the relationship between performance indicators and job responsibilities.
Throughout the performance management process, performance review and coaching may occur at any time. It should continue through the entire process of performance management with an interactive process. In this process, the managers are not only focused on the achievement of performance indicators but also the continuous improvement of employee growth and behavior.
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