Saturday, 8 June 2019

The Important of Performance Management

Introduction

A good performance management is essentials to organization for the success and to achieve the goals, and also it will help to get the best outcome of the workforce. The company like ABC Plastic Industries must need a good performance management to encourage and to get the maximum out put from the employees, where as to manage HR with 24 hr shift work, with skill and non skill workers.

“The Performance management is the process of a creating work environment or setting in which people are enable to perform to the best of their abilities.” (Heathfield, 2019)

Literature


The Performance management could be a shared understanding almost how people contribute to an organization goals, in ABCPI the employee contribution is the key part to achieve the targeted production level and get the maximum machinery efficiencies, and in other side the sales team has to be well performed to distribute the items on time according to the distributers requirement, and to outperform its competitors. The employees has to be motivated to improve their moral, create loyalty and improve their overall productivities. (Francesco , 2018)
According to (Heathfield, 2019) The  following key elements can make the performance management successful in a organization.

1.       Planning and expectation setting
2.       Monitoring
3.       Development and Improvement
4.       Periodic Rating
5.       Rewards and Compensations

In case an organization don’t have the over five key components in put within the performance management system, the organization never going to have a effective performance management system which empower success and sustains a genuine sense of worth at work for the workers. (Ken, 2011)

Conclusion

Reference to the above authors view the performance management is key to an organization success, and the PM system has to be in place, if the company need to keep good and efficient employee for long period the PM system has to in place, the ABCPI has implement a proper PM system, for the company success.

References

Francesco , B., 2018. Pikto Chart. [Online]
Available at: https://hr-on.com/the-top-10-benefits-of-e-recruitment
[Accessed 13 04 2019].
Heathfield, S. M., 2019. The balance careers. [Online]
Available at: https://www.thebalacecareers.com
[Accessed 07 06 2019].
James, 2017. Management Study Guide. [Online]
Available at: https://www.managementstudyguide.com
[Accessed 04 04 2019].
Ken, D., 2011. keenalighment.com. [Online]
Available at: http://keenalighment.com
[Accessed 07 06 2019].
Maneken & winfield, 1998. Impact of Online Recruitment. International Journal of Education & Research, 1(2018), p. 3.
Sayel, D., 2018. Impact Online Recruitment. International Journal Education And Research, 01(01), p. 10.




5 comments:

  1. A good performance management system ensures employees' worth for the organization is communicated them at the right time. performance managements needs to be free from biases and needs to be a mechanism to encourage and motivate them to be a part of the team.

    ReplyDelete
  2. Transparency in PMS very important. For example if every one can see the relationship between salary increments and Sales team individuals performance, in ABCPI, it will motivate others to perform better.

    ReplyDelete
  3. Managing only the people is Personnel Management and when you add managing their performance, it becomes Human Resource Management.

    ReplyDelete
  4. Many companies set up processes to formally evaluate an employee’s performance after an initial probationary period and then on an annual or semi-annual basis. Employers and managers often feel that these are time-consuming exercises that do not yield desired results. i hope the same applies to our companies.

    ReplyDelete
  5. Successful performance Management is worth for Employee as well as Organization also.

    ReplyDelete