A Performance Management Policy Model for Romanian Banks Employees

Banks employees are one of the most important resources available to it. The need to invest in this resource is becoming stronger in the current conditions where the workload is high and the stress is a word used particularly by employees to describe their work. The overall aim of the performance ma...

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Main Authors: Ioana Florentina SAVU, Victor IOANE, Mihail Romulus RĂDULESCU, Ioana CEAUŞU
Format: Article
Language:English
Published: Editura ASE 2013-07-01
Series:Revista de Management Comparat International
Subjects:
Online Access:https://www.rmci.ase.ro/no13vol3/07.pdf
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author Ioana Florentina SAVU
Victor IOANE
Mihail Romulus RĂDULESCU
Ioana CEAUŞU
author_facet Ioana Florentina SAVU
Victor IOANE
Mihail Romulus RĂDULESCU
Ioana CEAUŞU
author_sort Ioana Florentina SAVU
collection DOAJ
description Banks employees are one of the most important resources available to it. The need to invest in this resource is becoming stronger in the current conditions where the workload is high and the stress is a word used particularly by employees to describe their work. The overall aim of the performance management policy is to establish a high performance culture among Romanian banks employees in which individuals and teams take responsibility for the continuous improvement of business processes and for their own skills. Specifically, performance management is about aligning individual objectives to organizational objectives and ensurin that individuals uphold corporate core values. It provides for expectations to be defined and agreed in terms of role responsibilities and accountabilities (expected to do), skills (expected to have) and behaviours (expected to be). The main objective is to develop the capacity of people to meet and exceed expectations and to achieve their full potential to the benefit of themselves and the organization. Performance management is concerned with ensuring that the support and guidance people need to develop and improve are readily available.
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institution Kabale University
issn 1582-3458
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language English
publishDate 2013-07-01
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series Revista de Management Comparat International
spelling doaj-art-de1e92e862a84e19a6f8c2e3732f726f2024-12-07T10:35:04ZengEditura ASERevista de Management Comparat International1582-34582601-09682013-07-01133426435A Performance Management Policy Model for Romanian Banks Employees Ioana Florentina SAVU0Victor IOANE 1Mihail Romulus RĂDULESCU2Ioana CEAUŞU 3 The Bucharest University of Economic Studies, Romania The Bucharest University of Economic Studies, Romania The Bucharest University of Economic Studies, Romania The Bucharest University of Economic Studies, RomaniaBanks employees are one of the most important resources available to it. The need to invest in this resource is becoming stronger in the current conditions where the workload is high and the stress is a word used particularly by employees to describe their work. The overall aim of the performance management policy is to establish a high performance culture among Romanian banks employees in which individuals and teams take responsibility for the continuous improvement of business processes and for their own skills. Specifically, performance management is about aligning individual objectives to organizational objectives and ensurin that individuals uphold corporate core values. It provides for expectations to be defined and agreed in terms of role responsibilities and accountabilities (expected to do), skills (expected to have) and behaviours (expected to be). The main objective is to develop the capacity of people to meet and exceed expectations and to achieve their full potential to the benefit of themselves and the organization. Performance management is concerned with ensuring that the support and guidance people need to develop and improve are readily available. https://www.rmci.ase.ro/no13vol3/07.pdfmanagementbanksperformanceemployees
spellingShingle Ioana Florentina SAVU
Victor IOANE
Mihail Romulus RĂDULESCU
Ioana CEAUŞU
A Performance Management Policy Model for Romanian Banks Employees
Revista de Management Comparat International
management
banks
performance
employees
title A Performance Management Policy Model for Romanian Banks Employees
title_full A Performance Management Policy Model for Romanian Banks Employees
title_fullStr A Performance Management Policy Model for Romanian Banks Employees
title_full_unstemmed A Performance Management Policy Model for Romanian Banks Employees
title_short A Performance Management Policy Model for Romanian Banks Employees
title_sort performance management policy model for romanian banks employees
topic management
banks
performance
employees
url https://www.rmci.ase.ro/no13vol3/07.pdf
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