This website uses cookies to ensure you have the best experience. Learn more

Effective Performance Management Essay

2285 words - 9 pages

Performance management relates to an organization’s ability to implement a system to evaluate and advance employee performance. Achieving peak performance requires consistency, clear objectives, and constructive employee evaluation. According to Mithas, Ramasubbu, & Sambamurthy (2011), an organization must design the performance management system based on extensive research about the organization’s mission, and then properly communicate the purpose of the system to employees, stakeholders, and decision makers. After the performing the research, the information should be used to establish the appropriate performance management specialized for the organization. In addition, an effective performance management system should align performance measures with current strategic objectives and future goals.

Organizations that establish effective performance management systems can receive recognition. Furthermore, some organizations spend valuable time and financial resources to create the appropriate system to increase organizational performance. One of the current methods used to evaluate exceptional organizational performance is the Malcolm Baldridge Awards (Fisher, 2010, p. 2). The Baldridge Awards allow organizations to highlight achievements made in performance achievements and organizational excellence. The Baldridge criteria measure an organization’s progress in customer satisfaction, financial advancement, human resources, and organizational effectiveness (Mithas, Ramasubbu, & Sambamurthy, 2011, p. 242). The use of the Baldridge criteria establishes new trends in organizational performance, and provides a prestigious award system to promote exceptional performance management.

An article in the Journal of Public Administration Research & Theory reveals that management innovation has a profound effect on organizational performance. The article shows that management innovation involves initiation, adoption, and implementation. In this article written by Walker, Damanpour, & Devece (2011), effective management innovation occurs when stakeholders (employees, clients, or customers) actually accept and use the innovation routinely (p. 369). As a result, some organizations do not experience innovation regarding performance management because the strategic objectives are not successful implemented by management.
Therefore, organizations that develop successful performance management systems must evaluate the current level of performance, and then use management innovation to establish new performance goals for the future (Walker, Damanpour, & Devece, 2011, p. 372).

One of the challenges of performance management involves the use of performance data. The federal government evaluated how to create a performance management system that safeguarded information while developing research. Recently, the subject of performance information occurred within the Obama administration when the Chief Performance Officer remarked that...

Find Another Essay On Effective Performance Management

Effective of Incentive Pay on Employee Work Performance

1153 words - 5 pages incentive pay systems to promote employees particular behavior and performance to get more involved in the organizational development and which is essential for the organization’s success. So employers use incentive pay program as an effective tool for employees to achieve their goals and improve performance. Purpose of all incentive plans is to encourage employees to achieve specific organizational goals such as increasing productivity, increasing

Employee Motivation and Effective Job Performance

1342 words - 5 pages play throughout adulthood (Lekes, Gingras, Phillippe, Koestner & Fang, 2009). In addition to providing structure, consistent rewards and punishments must exist to reinforce that behavior. These traits learned throughout adolescence are detrimental for managers in determining employee motivation methods and effective job performance. For thousands of years, humans have strived for independence. Moses’ people fleeing the Egyptians and Pilgrims

The Benefits of a Performance Management System

642 words - 3 pages systems. Dynamism of change and diversity, however, have mounted pressure on HR specialist and management team to refine, modify and or make more strategic method to performance management. This takes many forms e.g. Mbo, ‘hybrid’ systems, BSC, 360 degree and ranking & rating system. These forms are necessary in order to stay competitive and need effective management. The research is to find out trends in performance management that have

performance management

1660 words - 7 pages performance management not effective. Often and as seen in organisation X managers see performance management process as a waste of time so they lack the commitment to it. The case study outlines that managers have been introduced to performance appraisals but there is a lack of evidence regarding training, which would offer grater understanding of its importance and build the commitment. The Boston Consulting Group, 2011 suggests that companies

Implications of Performance Management

1240 words - 5 pages Implications of Performance Management Performance management is a continuous process that creates a working culture to encourage employees to improve their work performance and reach their full potential during their stay of employment. Performance Management also provides strategic direction, develop competency in employees and instill organization value. This paper will identify methods and affects that performance

Performance Management Issues

1316 words - 5 pages organization, if there are no frequent meetings of employees with their managers. Therefore, the consistent feedback given by managers to their juniors does not only enhance their performance, it is but also good for entire organization (Cardy, 2011). The effective use of performance management system is useful for developing the employee's job skills by providing them proper training. In addition to this, it plays an important role in the

PerformThe Dynamics of Performance Management by Donald Moynihan

1582 words - 7 pages employees that recognize their employee performance have higher employee moral. The last step is managing performance effectively. This step is essentially a checking off of the earlier mentioned steps. When managers and employees deliver on expectations consistently, based on the high standards set by their organization, results will reflect effective performance management. After ascertaining a basic understanding performance management the book means

Performance Management Appraisal System

562 words - 2 pages The execution performance management requires the participation of numerous players (Managers, supervisors, and subordinates). For the system to succeed and accepted, clear understanding about the system is needed for effective implementation. Supervision and explanation of performance appraisal system is very crucial element for performance. ‘‘Merely developing a model of the strategy does not ensure the strategy will be successful.’’ Othman

The Mayo Clinic: A Performance Management Assessment

2363 words - 9 pages understanding of effective performance management practices. Accordingly, this paper reviews the Mayo performance management system from four perspectives (a) leadership strategy, (b) performance measurements, (c) human resources management, and (d) the alignment of performance with strategy. The discussion concludes with an assessment of the alignment of the elements comprising the Mayo performance management system with recommendations for

Performance Appraisal In Human Resource Management

2821 words - 12 pages skills and abilities of their employees to ensure that organizational are achieved, and also to ensure that individuals gain as much satisfaction as possible from their jobs while making effective contributions. As competition in many markets becomes more intense and global in nature, the importance of performance appraisal has been recognizing as a key element of strategic human resource management (ANDERSON, 1993).Performance appraisal may be

Performance management

722 words - 3 pages on the significance and use of prformance appraisal in employee development, performance improvement and achivevement of the organisation's strategic business objectives.Static and dynamic performance appraisalsFor effective performance management, performance appraisal should be dynamic. It should emphasise employee growth and development and the setting of new goals, not just judgemental decisions about performance. The evidence suggests that

Similar Essays

Effective Performance Management Essay

3463 words - 14 pages we are going to evaluate and manage their performance. In answer of this question I would say, we need to develop and design a mechanism or system which is known as Performance Management System.The essay has been prepared to help all the readers to understand what is performance management, what performance management system is all about, what are the main characteristics of effective performance management system, the skills and techniques

Effective Performance Management Systems Essay

1029 words - 4 pages Prior to any development, management should take note of what exactly they want to achieve with their performance appraisal system (goals), what properties they want their appraisal systems to possess (characteristics), how they wish to execute the performance appraisal (method), and how they will use the data collected to achieve said goals (feedback). It is also pertinent that effective performance management systems clearly communicate

Effective Reward Management Is Critical To Organizational Performance

1829 words - 7 pages Effective reward management is critical to organisational performance Being rewarded and recognised for their work or contribution is what keeps an employee motivated to work towards achieving the organisational as well as personal goals. When the employees is motivated by rewards, they will have job satisfaction consequently increasing the productivity of the organisation. It necessitates the need of managers to pay more attention in

Enhancing Employee Performance Through Effective Human Resource Management

1900 words - 8 pages and distinguishing attributes. Perhaps the greatest success story with regards to understanding and adapting culture to create an effective business is that of the Starbucks Corporation. The company is based on the tenets of diversity and differences between employees, and effectively states that Starbucks has no particular market segment (Fyrbjork 2000, XX). Fyrbjork in his thesis regarding Starbucks entering Swedish markets states that the