Performance Based Management System

Performance Based Management System

Performance Based Management System

oboloo’s Glossary

Performance Based Management System (PBMS) is an organizational approach to managing employees and resources to achieve desired results. It is a system that involves setting objectives, measuring performance, and providing feedback to ensure that employees are meeting their targets. It is an effective way of improving organizational performance and productivity by aligning individual employee efforts with the overall goals of the organization. PBMS involves monitoring and evaluating performance results in order to recognize and reward employees for their achievements. The PBMS model is based on the premise that organizations should focus on the quality and effectiveness of their performance results in order to achieve their desired goals. The formal definition of PBMS is “a system of management that focuses on setting goals, measuring results, providing feedback and rewarding employees for their performance.” The PBMS system is designed to motivate employees and to help organizations achieve their desired results. It encourages employees to take ownership of their performance