StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

DEVELOPING AND MANAGING PERFORMANCE - Essay Example

Cite this document
Summary
The aspect of performance management of an organisation quantitatively portrays the important facets of the products and/or services rendered by the organisation to its customer(s). It can be identified as one of the effective tools for an organisation to recognise its roles as…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.7% of users find it useful
DEVELOPING AND MANAGING PERFORMANCE
Read Text Preview

Extract of sample "DEVELOPING AND MANAGING PERFORMANCE"

Download file to see previous pages

nce is recognised to bestow an organisation with pertinent statistical understanding of its existing situation in the global marketplace which in turn enables it to initiate future initiatives for developing the products/services for its customers. Hence, it can be affirmed that measuring the performances of an organisation fundamentally concentrates on the process of collecting and accounting the information about the productivity of its workforce along with the quality of services rendered (Armstrong & Baron, 2005).

With due consideration to developing and managing performance of the workforce, the report intends to critically evaluate the key elements of employee reward and development policy along with practice contributing to the overall performance of Pentangelli’s in its restaurant business. Pentangelli’s is recognised as a restaurant chain situated in East and North Ridings of Yorkshire. It specialises in Anglo-Italian food items. Moreover, the discussion of this report will further include the challenges that could be faced by Pentangelli’s in terms of designing effective strategies for its employee in relation to rewards and development policies.

Employee reward and development policy and practice play an imperative part for an organisation to continuously keep its employees motivated and focused towards achieving the overall goals of the organisation. The two key elements of employee reward and development policy comprise: It can be extensively observed that paying appropriate or at times higher wages to the employees or paying additional compensations is highly beneficial to increase the talent engagement as well as the method also helps to reduce the attrition rate of the employees within the organisation.

A successful organisation prudently exploits compensation plans according to the performance of the workforce in order to uphold organisational values as well as recompense workers for contributing whole-heatedly towards meeting the

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“DEVELOPING AND MANAGING PERFORMANCE Essay Example | Topics and Well Written Essays - 2000 words - 2”, n.d.)
DEVELOPING AND MANAGING PERFORMANCE Essay Example | Topics and Well Written Essays - 2000 words - 2. Retrieved from https://studentshare.org/management/1612348-developing-and-managing-performance
(DEVELOPING AND MANAGING PERFORMANCE Essay Example | Topics and Well Written Essays - 2000 Words - 2)
DEVELOPING AND MANAGING PERFORMANCE Essay Example | Topics and Well Written Essays - 2000 Words - 2. https://studentshare.org/management/1612348-developing-and-managing-performance.
“DEVELOPING AND MANAGING PERFORMANCE Essay Example | Topics and Well Written Essays - 2000 Words - 2”, n.d. https://studentshare.org/management/1612348-developing-and-managing-performance.
  • Cited: 0 times

CHECK THESE SAMPLES OF DEVELOPING AND MANAGING PERFORMANCE

Developing Successful Business Teams

In relation to the current pace of globalisation, it is widely accepted that team performance plays a pivotal role for an organisation assisting it towards accomplishing a significant growth and empowering its brand position.... hellip; Apparently, in the present competitive business scenario, team performance has been witnessed to achieve a paramount position for the global organisations in order to strongly compete with the rivals within the similar industry....
20 Pages (5000 words) Essay

Chapters Summary 5-8 :from The Art of Leadership, 4th edition by Manning and Curtis

Reward system and performance evaluation must be modified in order to divulge team performances.... managing diversity challenge is another issue for leaders.... Team efficacy can be created by developing an environment of trust and confidence among team members.... developing Others People suffering from burnout problem often don't feel any hope of positive change in their circumstances....
1 Pages (250 words) Essay

Managing Employee Performance

managing performance well is Many managers have been “speaking” and practicing effective performance management naturally all their supervisory lives, but don't know it!... ??(A Handbook for Measuring Employee performance, 2001, p.... In other words, managing individual performance is a complex task.... This paper analyses why the management of individual performance in an organization is a complex issue.... In short, individual differences have to be taken into the account while managers devise their strategies for managing employees....
9 Pages (2250 words) Essay

Developing Performance Measures for Immunization Registries

The public health-related information needs to be cohesively used and applied for optimal performance.... The public health-related information needs to be cohesively used and applied for optimal performance.... It was an important breakthrough in the development and implementation of effective and measurable performance indicators for immunization registries.... The program underpinned the principle that quantitative measures are critical elements for indicating performance in effective healthcare delivery....
3 Pages (750 words) Essay

Managing Diversity in Wells Fargo Bank

The impact of diversity on the company's productivity and performance would be a key area of discussion which would enable to ascertain the significance of diversity for Well Fargo Bank.... The author of this case study "managing Diversity in Wells Fargo Bank" analyzes business organizations which have adopted effective measures based on which diversity is managed with the aim of ensuring that business operations are conducted effectively....
11 Pages (2750 words) Case Study

Managing People and the Impact on Organizational Performance

The following paper “Managing People and the Impact on Organizational performance” will examine certain mechanisms, through which organizations manage to improve their performance; it will show the relation of performance management to HRM and its role in the contemporary context.... The further accomplishment of employees is executed by the performance management, which involves employees in contributing the organizations' goals, improving their effectiveness and helping the employees themselves to realize their importance....
8 Pages (2000 words) Literature review

Drawback and Challenges of Performance Management

The performance management is used by the managers to apprise the employees who are good and provide them feedback to improve performance at their work and to reprimand the employees who are not so… performance management is important in an organizational concept as because employees are the most important resources in an organization.... It is also important from the view point of the employees that the organization and the However it is also found that most of the performance management system and the performance management processes and the performance management systems are tiring in their processes....
10 Pages (2500 words) Assignment

Developing High Performance Working

The first section deals with the role of managing performance, and the link between human resource management and performance.... This report “Developing High-performance Working” aims at understanding the various problems faced by the organizations in relation to developing high performance working.... hellip; The author claims that the HR has a direct influence on the performance of the company.... This is mainly because employee performance is directly related to the performance of the organization....
10 Pages (2500 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us