Performance Management

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How can performance management in modern enterprises be strengthened?

Abstract
Performance Management is one of the most important parts of Human Resource Management. As an indispensable method to strengthen management, Performance management has been adopted by many world-wide enterprises to make full use of resources and cultivate core competitiveness. However, limited by the poor business conditions, staff and many other factors, performance management in some enterprises always fail to achieve ideal effects. The purpose of the thesis is to through analysis and research on present situation of Performance Management, point out the issues of it, and finally suggest some rational ways to improve the standard of performance management.

Introduction
Performance management has never been such important in contemporary enterprises. More than just analyzing the employee 's performance periodically through a formal or informal performance appraisal process, performance management strategy continually examines the employee 's working quality, relationships within the workforce. Performance Management is both a strategic and an integrated approach to delivering successful results in organizations by improving the performance and developing the capabilities of teams and individuals. (Armstrong and Baron, 1998). In order to survive and develop in the increasingly competitive market, managers have to pay more attention to performance management, which has a significant influence on the achievement of both individuals and organizations. As a matter of fact, more and more enterprises have started to realize the importance of performance management in their companies and they have explored many effective methods to improve the standard of performance management. However, ‘’a recent US survey of employee feelings about performance management indicates that 70-80% disagreed that their performance review helped them



Bibliography: Aguinis, H., Joo, H., Gottfredson, R. K. (2011). Why we hate performance management –And why we should love it. Retrieved August 5, 2012, from http://www.sciencedirect.com/science/article/pii/S0007681311000887 Markus, L. H. (2004). Performance management—problems and potential. Retrieved August 1, 2012, from http://www.performancegroup.co.nz/pm.pdf Aguinis, H., Joo, H., Gottfredson, R. K. (2012) Performance management universals: Think globally and act locally. Indiana University: Business Horizons James, G. (1997) Improving performance management. Retrieved August 13, 2012, from http://www.winstonbrill.com/bril001/html/article_index/articles/251-300/article279_body.html McIntyre, S. (2010) Improving employee productivity is something every business strives to do. Use performance goals to provide direction and motivation. Retrieved August 13, 2012, from http://suite101.com/article/improve-performance-management-by-setting-goals-a233426

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