9/22/2019

Performance management systems in a leading multinational firm and methods to improve

The organization I work is a leading multinational company in the educational business. With the increase of the attention of administrative management, Organization HR Division plays a more important role in the Employee performance management system. Currently, origination adapted the process of plan, manage and reward on performance by overseeing the entire process of performance management such as setting goals, checking feedback, and evaluating the performance of the company's productivity.

Organization work with the position that believes employees are the resources and assets of the company. The organization practiced strategies for supporting, measuring, developing and appraising employee performance.

As identified by organization they use following influences on Employee performance management.
  • valuate the relevant literature about the performance management system and employee performance, also the relationship between them.
  • analysis performance management system indicators and their link to employee performance based on company goals.
  • find out the characteristics of the relationship between the performance management system and employee performance, and to make a conclusion, also to develop a set of recommendations.

The organization practised various appraisal methodology to appraise the employee and it will maintain constant interaction with team leaders and managers. Once employees meet their expectation they were acknowledged and motivated through a rewarding process, end of each appraisal there is a feedback form that needs to fill by the employees in this form employees can evaluate themself and give the feedback whether they have fair process followed.


Suggesting method for improvement.


Use an Automated System to Generate a Constant Feedback Loop

Current state, to exchange performance feedback constantly, communication is carried out weekly basis with employees.  As part of this communication one-on-one meetings are carrying. Automating weekly employee progress reports will save time and keep the lines of communication open.
By using employee progress reports, managers can inquire about weekly wins, potential obstacles, and any pressing issues employees may face. This allows to take a performance snapshot every week, and employee can provide your comments for their reports to provide actionable feedback in real-time.

Use performance management an opening for performance coaching

Use of role of human resources in the performance management process is not just to correct poor performance or to focus on reviewing salaries. The organisation can be direct to a more holistic approach.

Instead of building an employee performance management method throughout correcting poor performance, it's better to let it take the form of coaching opportunities. In addition, ensuring performance management meetings and conversations becomes a regular activity. They will be more engaged, and employees will start looking forward to them.





2 comments:

  1. Finally,It can be concluded that the Organizations that have enforced a performance management system, perform each financially and non-financially higher than organizations that are not using any performance management system(Radu,2009).

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    1. Waal and André, (2002) describe, As most practicing managers know, metrics drive management behavior, especially when the reward system is strengthened. But few organizations understand the importance of this connection and holistically deal with them. This means establishing a new management structure while establishing a new management structure and redefining the boundaries of responsibility.

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