Here is the synopsis of our sample research paper on Performance Management Issues. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 4 page paper is written in 4 parts, the first part looks at the link between performance management and business objectives. The second part discusses three parts of a performance management program. The third part looks at the link between motivation and performance management. The last section identifies some considerations when considering implementing performance management. The bibliography cites 4 sources.
Page Count:
4 pages (~225 words per page)
File: TS14_TEperfiss1.doc
Buy This Term Paper »
Unformatted sample text from the term paper:
the different components of the organization which lead to that performance need to be managed. For example, if the firm has a target of producing 1000 widgets a day, each
team will have to meet their targets, and each team member will have to meet their own performance requirements for the overall target to be achieved. This can be applied
to all types of goals and objectives, as the parts of the organization will come together to make the whole. Monitoring of performance may also allow for progress to be
tracked and allow actions to be taken where the progress towards targets and goals are not achieved (Thompson, 2007). * Managing performance so that costs are controlled. Organisational goals
are not only made in terms of outputs, but also with reference to costs and the level of profits that are required. Performance management looks at a number of issues,
including output and productivity, for individuals, teams and processes. The management of these are needed to ensure that budgets are complied with, otherwise the ultimate aim of most commercial organizations
are likely to be undermined as profits are usually needed (Elliott and Elliott, 2007). Three Components of Performance Management Systems * Goal setting is a component of a
performance management system. With strategic goals and organizational performance requirements already, the way in which they can be achieved needs to be determined and operationalized by creating goals for individual/team
as well as breaking this down by time periods. * Data collection is needed in order for the progress and performance to be measured. This may be data
on an individual in terms of productivity, such as general output as well as elements that may impact on productivity such as absenteeism and time keeping. Data may also be
...