Ideal Performance Management

[pic] Performance Management strategy should be concerned with quad (4) main elements: 1. improving action 2. employee victimization 3. satisfying the ineluctably and expectations of all stakeholders (e.g. Employees, managers, customers, etc), and 4. communication and Involvement Managers moldiness(prenominal) mutually discuss exist feat problems and resource solutions with employees thereby encouraging employee participation and allowing easier bridal of the exploit wariness attend. An effective procedure management agreement must too be consistent with the strategic rush of the organization, useful as increment tool, useful as an administrative tool, legal, viewed as broadly fair by employees, and there must be sustenance of approved standards (absolute and relative) of employee consummation. Absolute standards earmark to a greater extent specific feedback to employees concerning their performance and atomic number 18 for the m ost part more acceptable than relative standards which do non tolerate enough specification on what employees may/may not be doing well. The Performance Management systems must be utilize to: 1. Facilitate employee maturement. By assessing deficiencies in performance levels and skills, an organization set up delay specific training and development needs.

The performance feedback process can be designed to provide information to terminate the organizations training and development programs. Assessing individual and group up strengths and weaknesses can allow employee and team development plans to be established. The desi red outcomes of training and development ini! tiatives both at the individual and team levels must be incorporated into the performance management system. 2. To determine appropriate rewards and compensation. Salary, promotion, retention and bonus decisions are frequently found on data collected as part of performance measurement. Employees must understand and accept the performance feedback system as a performance...If you want to get a full essay, localise it on our website: BestEssayCheap.com

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