Monday, November 18, 2019
This module is entitled Performance Management. What do you think is Essay
This module is entitled Performance Management. What do you think is meant by this title - Essay Example s theory believes that motivated behaviour creates unwanted drives and desires in an employee and hampers his/her work equilibrium both externally and internally. Efforts should be made to reduce the unwanted desires/drives of employees (Kandula, 2006, p. 12). They give an insight into, how the company is advancing. They help in evaluating the operational and organizational goals of the company. Non-financial objectives help in strengthening the framework of the company and help in achieving long term operational goals (The Knowledge behind the News, 2000). Sears Holding Corporation is the third largest retailer in the USA. After the company merged with Kmart Corporation, It started following the performance management technique which led to a healthy working atmosphere and increased the leadership skills of the managers and improved the productivity of the employees (Smither, and London, 2009). The company CISCO has introduced a new software called Cisco Application Performance Management (APM) service which helps employees to have unlimited access to wireless Local Area Network and data centres (Cisco, n.d.). This has helped in reducing the operational costs, strategic costs, initial capital outlay and sales turnover The increasing competitiveness among employees and business organizations has steadily increased. The human resource of the organization can only help in achieving its organizational goal and this can be a significant tool in increasing healthy competitiveness among employees. Let us take an example and evaluate the effectiveness of performance management. If an employee spends more time in interacting with the clients than spending time in the office, it would enhance their efficiency levels. This is a practical approach which helps the company to achieve its strategic goals. Job analysis is a perquisite for performance management. Understanding the job role not only gives clarity to the employees but also a clear understanding of how their
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