Missed a motivator?

Performance management initiatives often fail. One problem is that the concept of performance management can have different meanings for different people. It is also believed to entail a wide array of cultural, development and communications issues that may not all be measurable. In addition, it is often considered to be a bureaucratic, top-down and time-consuming process. Furthermore, there is a lack of alignment between incentive programs and business strategy. The HR function can contribute to the improvement of performance management by becoming part of the strategic planning process. It must work with the finance and strategic planning functions to develop an integrated approach to performance management.