Importance of Performance Planning

The following points bring out the importance of performance planning:

  1. It brings together favorable as well as unfavorable internal and external factors in combination with individual efforts for achieving optimum results;
  2. It increases the overall objectivity and accountability of the performance management process;
  3. It assists employees by making them clear about their roles, responsibilities, and performance expectations so that they can give their best towards organizational goals;
  4. It works in the direction of organizational excellence by planning and unifying managerial insight, employees efforts, and optimum resource utilization; and
  5. It concentrates on areas of critical importance and concern for better utilization of time, resources, and efforts.

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