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Description

ABC Company is a business which needs to monitor and manage the performance of staff carefully. Performance management is the process of establishing goals and measuring performance against these goals.
Implementing a formal performance management process can help you:
A performance management plan documents the agreed performance targets for an employee and contains information about how performance will be measured against these targets.
Performance Management is an ongoing process, not an event. Each element is linked to and builds on the previous elements. In this way, the performance management process creates a road map that employees and managers follow to maximize individual and organization success.
– Overall performance management system of the company and designing of the system
Overall Performance Management System
Planning
Effective managers plan their work. Planning means setting performance expectations and goals for groups and individuals to channel their efforts toward achieving organizational objectives. Getting employees involved in the planning process will help them understand the goals of the organization, what needs to be done, why it needs to be done, and how well it should be done.
Monitoring
Effective managers see to it that assignments and projects are monitored continually. Monitoring well means consistently measuring performance and providing ongoing feedback to employees and work groups on their progress toward reaching their goals.
Developing
Effective managers evaluate and address the developmental needs of their employees. Developing in this instance means increasing the capacity to perform through training, giving assignments that introduce new skills or higher levels of responsibility, improving work processes, or other methods. Providing employees with training and developmental opportunities encourages good performance, strengthens job-related skills and competencies, and helps employees keep up with changes in the workplace, such as the introduction of new technology.
Rating
An effective manager will, from time to time, find it useful to summarize employee performance. This helps the manager look at and compare performance over time or across a set of employees. Organizations need to know who their best performers are.
Rewarding
Effective managers understand the importance of using rewards well. Rewarding means recognizing employees, individually and as members of groups, for their performance and acknowledging their contributions to the agency’s mission. A basic principle of effective management is that all behavior is controlled by its consequences. Those consequences can and should be both formal and informal and both positive and negative.
A lot of companies try to align individual performance with the organizational Objectives, they do this in many ways, below is an overview of how some companies use performance management to align individual and organizational objectives.
......ABC Manage people performance assessment 1
Last updated:
Sep 2023
Page 1
A lot of companies try to align individual performance with the organizational Objectives, they do this in many ways, below is an overview of how some companies use performance management to align individual and organizational objectives.
In ABC goals are made known to employees immediately organizational goals are set. This is jointly discussed by line-managers and the necessary steps taking in order to achieve such goals. However, individuals are measured based on these goals agreed on and initiated. Individuals are informed on their contribution to the achievement of the objectives of the company
Strong executive sponsorship, open communication, change management, and training are among some of the initiatives that can assist in this process. The process involves planning, Coaching and Appraisal.
Planning:
Involves finding ways of using the scarce resources such as time, money and energy to achieve the organizational objectives. This includes setting clear objectives and providing the necessary ingredients for achieving such objectives, like giving incentives and training.
Coaching:
giving the necessary support to employees which include good leadership practices like mentoring, giving timely feedbacks a providing support where needed.
Appraisal:
This is where the pre-defined goals are assessed to see whether individuals as well as management have been successful in achieving of such goals. The table below show how ABC, ABC and Statoil use performance management to align individual objectives and company objectives to achieve successful operation
Formal Methods
Formal Feedback Session –formal interview or meeting sessions which help to discuss the issues or problems of the workers performance. This is good for giving the employee feedback and also getting useful information.
Performance Appraisals – feedback survey which are used to give the employees feedback about their performance.
Interview with staff –manager should have an interview with the staff about their performance.
Informal Methods
Discussion in team meetings – a casual discussion about performance and strategies of different staff. The manager can use this to tell staff where they can improve in and what they need to do better.
Socialising Outside of Work – chats and discussions can lead to good feedback. This is also a more casual way of encouraging workers, without making them feel bad.
Performance evaluations
Employee performance evaluations and progressive discipline go hand in hand as tools supervisors and managers can successfully use to correct behavior, motivate employees, and set employee goals. Generally, most employers conduct written performance reviews annually or semi-annually. However, all companies should consider conducting unscheduled reviews if changes occur in an employee’s performance or duties.
Performance appraisals
Performance appraisals are essential for the effective management and evaluation of staff. Appraisals help develop individuals, improve organizational performance, and feed into business planning. Formal performance appraisals are generally conducted…
...ABC Manage people performance assessment 1
Last updated:
Sep 2023
Page 2