Performance Management Plan

Only available on StudyMode
  • Download(s) : 448
  • Published : October 13, 2014
Open Document


Text Preview


Performance Management Plan
Team “A”
HRM/531
March 31, 2013
Donald Kilgore
University of Phoenix
Performance Management Plan
Performance management is an integral part of an organization. The ability to effectively and efficiently manage employee performances plays a vital role in the company’s overall success. Employers must strategically incorporate a performance management system that will engage and develop their employees and assist them in reaching goals that align with their organization’s objectives. It will be imperative that a new business invests the time and resources in implementing a performance management system within their company. The assignment was given to group “A” to develop a performance management plan for one of Atwood and Allen Consulting firm’s clients. Each team member considered and researched all the significant components necessary for an effective performance management system. The following discussion of the principles and strategies occurred amongst the group members. Principles

Cascio, (2013) tells the reader to “think of performance management as a kind of compass, one that indicates a person’s actual direction as well as a person’s desired direction” (p. 258). It identifies the direction the company or person is taking and if the management or person needs to make a change. Principles in performance management happen daily and demands continuous improvement in defining, facilitating, and encouraging performance. The use of the plan will ensure the company’s vision and goals are meeting the requirements of the business. The principle of defining performance helps the manager to detect if the employee or team understands what the requirements are in the workforce. Managers can determine this by using these elements: assessment, goals, and performance measurement systems. Facilitating performance is like a checklist for a manager. The manager makes sure that supplies are available and tools and equipment are functioning properly. The focus is not to let there be any roadblocks to hinder the project. Facilitating performance management may cause problems at times because the manager hands are tied if the supplies are not available due to weather conditions, for example. The principle of encouragement consists of the rewards a manager offers employees for outstanding performance or a team for completing a task in a timely manner. A manager needs to practice the ins and outs of the principle reasoning for performance management because there is a different between a performance management plan and a performance appraisal system. Strategies

A solid performance management framework can easily align with the company's organizational strategy such that the business and the employees both benefit. The plan must consider what will develop the talents of the employees in line with the company's needs. Employees, who see that they are valued and allowed to better themselves, deliver better work for their business (Cascio, 2012). Team “A” has carefully considered various management plans and has decided that ongoing performance management will yield best results. Real time performance management allows managers to measure, correct, and reward in a timely manner. Appraisals done often are much more useful than an appraisal done once or twice a year. Frequent appraisals allow managers and employees to compliment and encourage good work as well as correct trends that should be stopped right away. The value of an accurate job analysis is immense as a starting point for the performance management plan. The analysis allows the hiring manager to pick out applicants who have the needed skills by describing duties, qualifications, and the nature of the work. Later the analysis becomes the tool that both employer and employee can refer to when it is time to rate the job performance. The method used for measuring the employees’ skills must be relevant, sensitive, reliable, acceptable,...
tracking img