Performance management report of a company - Book Report/Review Example

Comments (0) Cite this document
Summary
I have been charged with producing a report on employee appraisal system as the company currently has no such system in place. The company also wants to expand its services through tendering…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.8% of users find it useful
Performance management report of a company
Read TextPreview

Extract of sample
"Performance management report of a company"

Download file to see previous pages Performance Management System is crucial in that it will accord the newly revamped company with proper systems which will identify, recognize, reward and therefore retain high our top company performers so that sustainable growth can be achieved. Performance Management System will help the company achieve this. Fundamentally this system is composed of: Process and people. The process elements include factors such as job descriptions, rating criteria, time period of appraisal discussions together with reward and recognition systems. The people element is composed of the manager who drives the system by setting expectations communication plans, encouraging development, giving and receiving feed-back.
Recognizing the fact that employees work hard, and that the company likewise must give the best of criticism, nonetheless, much can be gained from a good conducted appraisal practice. They can be good for the company, good for the employees working for the company and ultimately good for the employer too. This is because, good criticism or constructive criticism, helps the company not only to improve it’s performance in its objectives, but also in making decisions about skills that are needed for development in the job scenario, in order to achieve company’s ambitions and employee’s future career (HENDERSON,1984:235).
It important for at the onset for everyone in the company to realize that appraisal is not the time for secretly held grievances to be suddenly revealed out on the unsuspecting recipient. This is because appraisals are the time for taking stock of company achievements and setting of the agenda for future action.
Appraisals help employee’s know how they are viewed by other work mates, their managers, supervisors, the customers, clients or suppliers. Moreover, it is useful for the company to focus periodically on its ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Performance management report of a company Book /Review”, n.d.)
Performance management report of a company Book /Review. Retrieved from https://studentshare.org/human-resources/1640234-performance-management-report-of-a-company
(Performance Management Report of a Company Book /Review)
Performance Management Report of a Company Book /Review. https://studentshare.org/human-resources/1640234-performance-management-report-of-a-company.
“Performance Management Report of a Company Book /Review”, n.d. https://studentshare.org/human-resources/1640234-performance-management-report-of-a-company.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Strategic Management Company Report
...year average is higher than industry average High than industry average 5-year gross and net profit margins High debt-to-equity ratio and low current ratio Financial (see Appendix A) Higher than industry average performance in investment return and profitability gives confidence to investors and other suppliers of financial capital. Company is high on risk and also needs to work on increasing its liquidity Has 345,000 people working in the hotels and corporate offices across the world Human Have launched a suite of ‘People Tools’ which help hotel owners and managers to hire, train, involve and recognise the best employees for their brands. Using the huge workforce to act as brand...
12 Pages(3000 words)Essay
Company report
...the interest rate policy is been stable with proportionate of inflation. 7. The kind of employee Sizer would be interested in recruiting. We reviewed the complete website and publications of Sizer Ltd, but recently there is no opportunity for jobs and career. To maintain the integrity of this report, we search the technical job in Pellet industry where we found a requirement of Production Manager for Pellet Plant of 4 MT. This job is required by the Raipur Pellet Plant at same origin of Sizer the United Kingdom. The criteria to recruit the production manager are the technical educational degree either the Bachelors in Engineering, Technology or the Diploma with great skills and...
10 Pages(2500 words)Essay
Report on Performance Management
... outlined by the case study. The report will cover the definitions of each link and the transitional aspect portrayed in the management process undertaken by the firm. This report is an application of theoretical course work into practical work. Topic Background The managers are obligated to realize when the employees are performing efficiently as per the organization’s expectations and when improvement is required. This is what the performance management process entails. The process is involved in the establishment of performance standards which are applied in the evaluation of employee performance (Robbins, et al., 2012, p. 444). The Case Study: Performance Management Process in Omega Inc. This is a small manufacturing company... ...
12 Pages(3000 words)Essay
Company report
...DaeSun Chung BC 290 Cadieux 3/18/2007 Executive Summary According to Fortune Magazine, Marriott International is the 89th best company to work for. One reason is that the company continues to expand both within the United States and overseas. Also, Marriott's estimated $11.55 billion in revenues for 2005 is proof that it will be around in the next century. Furthermore, Marriott International has consistently implemented its mission statement of quality service at reasonable rates. Marriott International is leading the hotel industry, well ahead of its main competitors of Hilton Hotels and MGM Mirage. It is also leading change and advancement within the industry with its recent decision to make all hotels...
3 Pages(750 words)Speech or Presentation
Company report
.... The company has a healthy dividend payout of 61% which may imply higher shareholders’ confidence in the company’s financial position and its ability to generate cash flow in the future. The company’s total assets are worth €23,316mn in 2008 whereas its current liabilities and long term obligations were €7,974mn and €9,933mn. The company’s equity is €5,338mn and EPS of €0.49 (BMW AG). Despite of the recession in the global economy the company has been able to generate healthy earnings and its share prices have been on the rise in the last 9 months period currently trading at €35.94 on Xetra Exchange after closing at low of close to €18 in Feb 2009 (BMW...
2 Pages(500 words)Assignment
Company Performance
...on their inventories and profits from their assets while at the same time relying less on debts. This trend is shown by the value of their debt equity ratio. The company experiences a high net profit as a result of deductions in their expenses and also gets higher returns on their assets and capital. The values for their shares have decreased as is shown by their price and market ratio’s which are lower than the industries. These could be caused by the use of inappropriate management policies and accounting procedures. The company has their strong points in their liquidity levels where their performances are good. Other areas such as their returns and share values are...
5 Pages(1250 words)Essay
Company report
...advertising, precisely the sort of thing the users abhor. This leaves the company in a sort of dilemma. In the course of writing this company report, I shall analyze this company from different viewpoints. The first is from its performance in the markets. This is usually a reliable indicator for the sort of direction in which a company is headed. The main advantage of the markets is that they respond simultaneously when anything important involving the company happens. Another yardstick shall be marketing. This is usually the be all and end all as far as some companies are concerned. We shall look at the...
6 Pages(1500 words)Research Paper
Performance report
...Performance Report The SFJAZZ center, located in San Francisco, was full to capa once again due to a thrilling performance from Hugh Masekela. The Miner Auditorium had men, women and youths screaming to the top of their voices as the breeze of the music played on. The environment was a relaxing one as the patrons ensured that all the visitors were served adequately. Everyone was free to share a joke with their neighbors as they enjoyed the good moments. The indoor facility was captivating as a mixture of lights shone in the room following the rhythm of the music. The venue was just the ideal place to be as its sole purpose is to hold music events. This was a great place to be because it...
4 Pages(1000 words)Essay
Company report
...of the then company`s CEO, John F. Welch, General Electrics was at its worst financial and economic doldrums (Slater). During his tenure as the CEO of the company, General Electrics underwent a series of radical financial changes. In 1988, the CEO had managed to salvage the economic performance of the company by acquiring about 338 product lines and business at a cost of $11.1 billion. In the year 2009, the company registered a financial success setting its net income at $0.5 billion with consolidated revenue of $3.4 billion. Similarly, the industrial cash flow arising from the company’s operating activities was at $16.6...
3 Pages(750 words)Essay
Company Report
...to compile data owing to the transparency policy of the organization; whereby all reports and strategy objectives alongside other company deliverables are available on request. Similarly, field data may also be gathered due to research-friendly policy of the organization. Microsoft offers a diverse range of information technology applications in the ever changing industry where innovation and globalization drives the business. In this context, Microsoft is aiming at performing on a scale where digital experience for the users enhances and technology becomes more intuitive to suit the needs of humans. However, the technology outcomes have been compromised to some extent, especially with...
8 Pages(2000 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.
Let us find you another Book Report/Review on topic Performance management report of a company for FREE!
Contact Us