frammistöðustjórnun
Frammistöðustjórnun is an Icelandic term that translates to performance management. It is a continuous process within organizations focused on improving the effectiveness and efficiency of both individuals and teams. The core idea is to align employee performance with the strategic goals of the company.
This process typically involves several key stages. It begins with setting clear and measurable performance objectives,
Performance reviews are a formal part of the process, usually conducted periodically (e.g., annually or semi-annually).