Performance management Definitions

  • C

    chief human resources officer (CHRO)

    Chief human resources officer (CHRO) is a C-level executive in charge of an organization's human capital management.  

  • continuous performance management

    Continuous performance management, in a human resource management context, is the supervision of an employee's work through one-to-one discussions and ongoing feedback from supervisors and regularly scheduled check-ins.

  • E

    employee assessment software

    Employee assessment software is technology that helps an organization determine to what degree a job candidate is a match for an open position.

  • N

    nine-box grid

    The nine-box grid is a human resource management (HRM) tool used by supervisors to rate the performance and potential of employees.

  • O

    OKRs (Objectives and Key Results)

    OKRs (Objectives and Key Results) is a strategy that encourages an employee to set a goal that is closely aligned with organizational goals and identify three quantifiable actions that will help the employee to reach the goal.

  • P

    performance and accountability reporting (PAR)

    Performance and accountability reporting (PAR) is the process of compiling and documenting factors that quantify an institution's profitability, efficiency and adherence to budget, comparing actual results against original targets.

  • performance management software

    Performance management software is a computer program or suite that makes it possible for an organization to monitor and optimize the overall effectiveness of its workforce at the individual and collective levels.

  • W

    Workboard

    Workboard is an application for improving a company's strategic planning, boosting teamwork and collaboration, and tracking the goals and performance of employees.

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