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In: Operations Management

Discuss performance management and your likes and dislikes about the system you currently work with? Do...

Discuss performance management and your likes and dislikes about the system you currently work with? Do you agree or disagree that performance appraisals are important for the worker and the organization and why? What format do you believe they should take to be effective?

Consider 5 major developments you believe will have a significant impact on human resource planning in the future. Do not limit yourself only to technological, social, political or cultural changes.

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Expert Solution

Answer 1.
Performance management is the process in an organisation, to ensure that the activities which are being done in the organisation meet the goal in a effective manner. It focuses on all the departments employees within an organisation. Performance management has three basic stages the first is coaching then corrective action and the last is termination. All the performance management standard are decided by the leadership in an organisation. The leaders within an organisation provide the actual feedback of the performance of the employees and the desired performance in terms of behavior is also discuss in performance management.
That things I like about performance management in my organisation is performance management improves the organisation performance. Workers in my organisation are more loyal and the retention in the company is also increased by performance management. Conflicts are reduced and consistency and efficiency in performance is also increased.
I dislike about performance management in my company is that many a times the senior management have high expert expectation about the performance by the employees. I such cases if the expected performance is not delivered by the employees it leads to friction between the management and the workers.
Answer 2.
Yes I believe that performance appraisal is important in an organisation. This is because performance appraisal allow the organisation to give positive feedback and also identify those areas in which the performance of the employees need to be improved. The senior management and the employees can then create a program which would help in improving the employee about his weak areas under performing areas of concern. The employee also feels motivated if he is having a good compensation system.
Performance appraisal also tells the employee about his role and the status in the organisation. It gets to know about position of where the employee standing in terms of performance and how can he improve his performance. Performance appraisal is the key factor for the self development of the employees.
Performance appraisal also provides the expectation in terms of the future plan of the organisation. It helps both the management and the employee to setup long and short term goals.
Performance appraisal also helps the company to identify the promotions and rewards to be given to the Employees.
The people who under performing in the organisations also identify the performance appraisal and necessary action to be taken against them.
Answer 3.
The format which I believe is most effective in performance appraisal is the general performance appraisal. In this type of performance appraisal both the employees and his manager are continuously setting the goals. The ability to achieve of the goals decides the performance of the employees. If the employee has achieve the goals he has done justice to his job and the process is evaluated and he will be given incentives and promotions.
Answer 4.
Five major development in the human resource in the future are as follows-
1. People working in different companies have to continuously learn. With the paper change in technology across the last few years people have becoming more than more Technology oriented. This has made the people continuously with regard to the advancement in this field. Learning management systems are being introduced in the company to to enhance the learning of the people. This is mainly done through videos, mobile contents etc
2. In the technology revolution companies are looking for professional specialized in areas of economic activities that are emerging at a rapid pace. To select and hire the right candidate people are using social network Technologies. The use of platforms especially video platforms such as hireVue and social networks such as LinkedIn and Skype interviews increase tremendously.
3. Companies these days are finding out new appraisal methods. Today the appraisal is no longer based on the primary method ,which was the experience and seniority. Today company looking for the people who can achieve targets and can achieve concrete results for the organisation. Companies are using performance appraisal methods based on the performance of the employees.
4. Today that company is looking towards young enthusiastic leaders who are able to move the company in a digital way. The traditional methods of doing business are getting outdated and companies are looking for diversify leaders who are technological equipped.
5. Today a new term is being used in the companies it is called "People Analytics". This approach is the comprehensive use of data to make decisions. The decision made is related to the people at work. It is used to increase the recruitment process the productivity and detect the errors within the organisation by usage of data.
Format of effective performance management appraisal forms of performance management

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