Experiencing Performance Management and Performance Essay

Experiencing Performance Management and Performance - Essay Example From this discussion it is clear that  effective performance management gives information for the day-to-day decisions and promotes the developmental aspect of performance where a manager establishes the employees’ needs to improve weaknesses and make employees aware on their strengths. The main sources of performance can be the managers or instructors, peers, direct reports from employees, self-assessment and feedback from customers. There can be, however, certain limitations in evaluation of employee’s performance by the manager or the instructor as one cannot see the employee frequently and thus the evaluation will be based on the third party influences. Despite that, the modern ways of managing employees such as virtual management or internet-linked office make it possible to conduct the performance management of an employee. Peers can be other types of source for evaluation one’s performance.  This research highlights that  the assessment of my perform ance was done in collaboration with my instructor and other students, who have established my strengths and pointed on the fields for my further development. For me, as an industrial engineering student, the main strengths were identified as my ability to focus on the activities and the effective use of my knowledge in acquiring new processes. This knowledge in turn enables me to be a good strategist with the emphasis on research and collaboration with others.