Wednesday, August 7, 2019

Performance Management System Assignment Example | Topics and Well Written Essays - 1000 words

Performance Management System - Assignment Example Training in the corporation Training is carried out on employees through competitions, quizzes and worksite role plays. The managers and supervisors train to coach the employees. Training improves in output quality and efficiency. Experts train the employees in their weak areas or emerging issues (Ohemeng, 2011). Formal evaluations are carried out at least annually, preferably every six months to motivate the employees who improve job quality, knowledge and reliability. Appraisals may be in the form of salary increment, and this motivates workers to perform their duties efficiently and with less supervision (Ohemeng, 2011). Incentive programs involve either employees or suppliers.   If done well, the incentive plan has the potential to unleash an incredible increase in performance.   Naturally, if done poorly, the incentive programs will not only prevent improvements, but degrade the performance of processes and deliver results that directly counter strategic objectives (Ohemeng, 2011). The base of an effective performance management program is the configuration of metrics to the corporate tactic.   Each division and sector in the corporation should evaluate the strategic objectives and clearly describe its role in achieving them.   These measures enable an organization to work effectively towards achieving its goals. An open organization enables all employees to know what to expect from a reward system and have some part in the distribution of a reward. A closed system is controlled by higher management and can cause an employee to question whether the awards were handed out and the applied criteria (Ohemeng, 2011).

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