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The Best Performance Management Practices - Assignment Example

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The paper "The Best Performance Management Practices" discusses that performance management is monitoring employee activities and performances in such a way that their goals are in sync with the organization’s goals and a happy motivated workforce are able to be sustained…
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The Best Performance Management Practices
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Extract of sample "The Best Performance Management Practices"

Download file to see previous pages Performance appraisal is a very beneficial process. It is a positive experience and can contribute to the overall well-being of the company and organization if implemented properly it helps individuals to perform better, raise their confidence, and give them motivation. On the whole, it strengthens the relations between management and their subordinates within the organization and paves way for commitment. Performance evaluation is not something that can be ignored and taken lightly (J.Daniels)

2. What are the best performance management practices? Like (Feedback, communication, reword)
Some of the best management performance practices are:
1. Performance Appraisals and Feedback
2. Communication

For performance appraisals to be effective and produce the desired results, clear-cut objectives need to be chalked out. They should have a clear objective of why it is done and what for. Performance appraisal is a process. As stated by Northhouse in his account on performance appraisals that it is most likely to fail if its objective is not linked to good personnel management and is implemented with a vague purpose and line of thought. (Northouse)
Different arguments have been put forward by different authors. Kelly believes that Communication of performance is a very integral part of the entire process. (Kelly) She has further argued that anyone who is leading and directing the activities of others under him should know the art of conducting an effective performance review meeting. It should not be taken lightly. It should be serious and should not be considered a meaningless chit-chat. It should be sought as an opportunity for improvement by both the manager as well as his subordinates.

3. What are the Career Success key elements?

Career success key elements are sustained hard work, sincerity to oneself and to the organization and commitment to organizational goals. It is important to ensure that the employees are aware of what direction they are treading on and how effective they have been so far. Employer feedback helps immensely and has a major role to play in career success.
3. How to conduct a Performance Management Assessment

Performance Management is an entire process as mentioned above. However, the final phase of the performance management cycle is the performance management Assessment. It offers an excellent opportunity for one to communicate past performances to the employee, evaluate his job satisfaction and chalk out plans for his future performance.
During the assessment, it is important to develop a supportive environment that states clearly the purpose of the discussion. Key areas of responsibility should be discussed and examples of specific results need to be cited. Similarly, clarifying questions need to be asked and employee performance should be acknowledged wherever needed be. Past performances that could have been done better should be discussed with a clear focus on future performance. It is important to ensure that the employee has an understanding of future expectations regarding performance. It should be concluded on a positive note with an emphasis on the benefits of the conversation.
4. What the traditional approaches to performance management describe succinctly with meaning

Following are the traditional approaches to performance management:

1. Essay Appraisal Method: In this, the description of the performance of the employee is provided by his superior
2. Straight Ranking Method: In this appraisal, the employees are ranked from the poorest to the best on the basis of their overall performance.
3. Paired Comparison: In this method, each employee in a group is compared with the others and after the comparisons are through, the employees are given final rankings.
4. Critical Incident Methods: this performance appraisal is done on the basis of critical events and how the employee performed in those incidents.
5. Field Review: In this method, a senior member from the HR department discusses interviews with the supervisor and the subordinates are rated accordingly

6. What a coaching approach to performance management describe succinctly with meaning

The coaching approach to performance management is when the manager intervenes and provides feedback to the employee for performance improvement. In this approach, he uses the traditional Coaching model. Coaching helps employees immensely in this way. (J.Weintraub) ...Download file to see next pages Read More
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