Preview

Performance Management Systems

Powerful Essays
Open Document
Open Document
65878 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Performance Management Systems
Chapter 1

Introduction to Performance Management

Introduction

SUBODH SINGH is 17 years old and is studying in McMillan High School. He is in the Xllth standard and will appear for the Board examinations in the science stream in March next year. He did well in his Xth Boards. He aims to join one of the leading engineering colleges and specialise in IT. Last year, the cut-off for admission to the top college was 89 per cent. Subodh decided to work hard and secure at least 95 per cent to ensure a seat in one of the prestigious colleges. He decided on the following strategy:

Focus on science and mathematics as they are scoring subjects. Solve as many previous Board examination papers as possible. Get a private tutor to help him improve in mathematics. Work hard. That should get me 95 per cent marks'

His dad, Surya Pratap, an HR director, asked him to draw up a more comprehensive strategy. He asked Subodh to convert the strategy into an action plan for the year. The first step would be to identify the key performance areas.

When Subodh asked his father what these key performance areas were, he explained:

'Key performance areas are those where you need to focus if you have to get your target result of 95 per cent marks in the Board exams. This will give some idea of the effort you need to put in to achieve the result. The result is not negotiable; without 90-95 per cent marks, you will not get admission into your dream college. You should simply ask yourself,'What should I do different to get 95 per cent? Or, what more should I do to get 95 per cent? Or, what new activities should I undertake? The answers to these questions will give you your key performance areas. They help you to plan and give a sense of direction to your work. They help you to remain focused all through the year. Now, decide what inputs you need to make to get 95 per cent in the examinations'

Subodh replied:'I should work hard, solve all the previous examination papers,

You May Also Find These Documents Helpful

  • Powerful Essays

    Organizational performance management is important for all types of businesses, especially in the world of medicine. Three organizational businesses we chose as a team to research and compare Town Beach Fire and rescue, The Baptist Hospital, and The Center for Disease Control, and the roles that Pharmacists play in the dispensing, and managing of prescription medication. This paper will compare the main regulatory and accreditation standards that apply to each type of organization and identify standards that apply broadly to most or all types of health care organizations. Discuss the influence of regulatory and accreditation standards on performance-management systems. Determine how the performance-management systems affect risk management and quality management in each type of organization. Identify key areas in the organization that will have direct responsibility for carrying out the everyday responsibilities associated with the regulations or standards. Describe oversight activities that could be practiced to ensure that the regulatory and accreditation requirements are being implemented and are achieving the desired results. Address the similarities and differences among the types of organizations. Propose how each organization will monitor performance, achieve regulatory and accreditation compliance, and improve overall organizational performance. Describe ways each organization will communicate with leadership to ensure alignment of organizational goals and gain buy-in from staff to achieve compliance with the standards and requirements issued by regulatory and accreditation bodies. Identify compliance with the regulations and development of risk-management and quality-management systems for each type of organization contribute to the organization management system.…

    • 2325 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    The first process is observation. “The analyst simply observes a worker or group of workers doing a job. Without interfering, the analyst records…

    • 1012 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Performance Management

    • 651 Words
    • 3 Pages

    1. Organization can reward employees in several ways, which is whether it can be tangible or intangible. Tangible reward that employee can received is includes cash compensation and benefits such as:…

    • 651 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Metrics-Based Performance Monitoring Ric Bryant, PE, CMRP Fluor Corporation Metrics-Based Performance Monitoring How are you doing?…

    • 1238 Words
    • 20 Pages
    Satisfactory Essays
  • Powerful Essays

    Performance Management

    • 3927 Words
    • 16 Pages

    Edinburgh College is going through major change at the moment with the merger of 3 Edinburgh College’s coming together. Our new principal is in place and is currently setting the new management structure and organisational objectives for the next 5 years. Edinburgh College must find alternative ways of securing income due to huge cuts made from the Funding Council. The Government has made a commitment to provide 25000 apprenticeships throughout Scotland for 16 – 24 years old but predominantly 16 – 19 year olds. There is a huge pressure from the Government for College’s to engage in these programmes which will in turn bring new funded money into the college which will soften the shortfall from the Funding Council.…

    • 3927 Words
    • 16 Pages
    Powerful Essays
  • Better Essays

    Performance Management

    • 3664 Words
    • 15 Pages

    Link between organizational objective and the team is very important for the progress of an organization. Organizational objective are set in order to achieve the goal of an organization. Every organization has an aim to achieve so until every single member of staff not know the objective of the organization it’s difficult to achieve that goal.…

    • 3664 Words
    • 15 Pages
    Better Essays
  • Better Essays

    Performance Management

    • 775 Words
    • 4 Pages

    1. Summarize the seven (7) components of the framework for coaching and performances management, and identify which ones you require development in and why.…

    • 775 Words
    • 4 Pages
    Better Essays
  • Best Essays

    Performance management is a continuous process of identifying, measuring and developing the performance of individuals and teams and aligning performance with the strategic goals of the organisation (Herman Aguinis 2013). It also covers a broad range of factors that firms can encounter during a performance management program is being constructed that essentially help the benefit the organisations in effective job satisfaction and skills which can then assist in the company’s goal planning being reached. If companies become more are aware of models such as the , 360 degree feedback, competing values model and balanced score card model, it will assist their success for their performance processes to be much more effective in all areas of the company. The models vary from each other as they seek to measure different sectors of the organisations performance. The models use ‘tools such as job design, leadership development, training and reward systems’. (MSG, 2009)…

    • 4053 Words
    • 17 Pages
    Best Essays
  • Good Essays

    1. What evidence does this case provide for formulating and implementing a systematic approach to performance appraisal?…

    • 603 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    The purpose of this course is to develop a range of behavioral competencies required by managers in all types of organizations. Drawing on theoretical perspectives and research evidence for the various managerial roles in organizations, students will develop specific management skills such as giving feedback, effective listening and communicating, managing conflict, negotiation, and customer service. The course requires extensive student participation, which will include observational learning through behavioral modeling, self and other assessments, live and video-recorded individual and group demonstrations of management skills, individual and group feedback. Also, students will assess their own skills and competencies and propose strategies for improvement. The conceptual and behavioral aspects of management and leadership will be emphasized in reading assignments.…

    • 2089 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    In my opinion, it is people that make businesses more successful. It is people that gives…

    • 2954 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    A company can have a world-class system in place -- but it's only as effective as the managers who implement it…

    • 1280 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    3prm

    • 2931 Words
    • 11 Pages

    Performance Management is a process that brings together many people management practices including learning and development. It is a process which contributes to the effective management of individuals and teams in order to achieve improved levels of individual and organisational performance and development. Performance management is about establishing a culture where individuals and teams take responsibility for continuous improvement of service delivery and of their own skills, behaviour and contributions. It is therefore a strategic process, long term in…

    • 2931 Words
    • 11 Pages
    Powerful Essays
  • Better Essays

    Performance Management

    • 1117 Words
    • 5 Pages

    Using the concepts of performance management and organizational goals, develop an argument regarding the relationship between the two (2) concepts. Be sure to include discussion regarding the impact of one to another and the challenges presented.…

    • 1117 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Advaiya

    • 1370 Words
    • 6 Pages

    This document can be used at the Planning, Checkpoint and Summary phases of the Performance Management process to; 1) facilitate discussions surrounding attributes necessary for success; 2) as a pre-assessment tool to identify an employee’s strengths as well as areas needing improvement; and 3) to provide the basis for training and career planning.…

    • 1370 Words
    • 6 Pages
    Good Essays