Managing Performance, business and finance homework help

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Write a research paper in which you address the performance management system of a selected organization, based on information you have gathered and analyzed about the organization.

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Overview • Write a research paper in which you address the performance management system of a selected organization, based on information you have gathered and analyzed about the organization. It is essential for members of management to understand the importance of conducting appraisals because an effective performance management system is key in improving employee performance, which ultimately adds to the bottom line of the organization. Failure to communicate performance expectations and achievements means that employees might not understand what is expected of them or how they can improve. Additionally, formal performance management is imperative to help protect an organization against legal claims. Show More • Toggle Drawer Context • Performance management goes beyond having an annual performance appraisal. In fact, performance management is a system that is directly linked to the job analysis. From the job analysis, and based on the company's goals, individual goals are established and communicated. Different positions, including HR, the function manager, and the employee can be involved in establishing these goals. An employee's performance, as related to these goals, is formally measured in a performance appraisal. Performance should also be communicated informally through regular dialogue between manager and employee. In theory, there should be no surprises at an annual performance appraisal! • Toggle Drawer Questions to Consider • To deepen your understanding, you are encouraged to consider the questions below and discuss them with a fellow learner, a work associate, an interested friend, or a member of the business community. Show More • Toggle Drawer Resources 1. Suggested Resources The following optional resources are provided to support you in completing the assessment or to provide a helpful context. For additional resources, refer to the Research Resources and Supplemental Resources in the left navigation menu of your courseroom. Library Resources The following e-books or articles from the Capella University Library are linked directly in this course: • Lawler, E. E. (2008). Talent: Making people your competitive advantage. Hoboken, NJ: JosseyBass. • Chapter 4, "Managing Talent." • Chapter 5, "Managing Performance." • Chapter 6, Information and Decision Making." • Chapter 7, "Reinventing HR." • Grenny, J. (2012). Change anything: The 21st-century approach to performance management and avoiding the willpower trap. Leader To Leader, 2012(63), 26–31. Show More 1. Assessment Instructions 1. Preparation • Choose an organization to use for this assessment. It can be where you are currently employed or a company with which you are familiar. It must be an organization that is researchable, as you will need to gather and analyze information in order to complete the assessment. You may use the same organization for the other assessments in this course. • If you choose the organization where you are currently employed, please keep in mind that the analyses you make must be based on facts that can be documented rather than your personal opinion as an employee. • Research the performance management system of your chosen organization. Deliverable Based on your research into the performance management system of the organization you selected, write a research paper in which you complete the following: Describe the performance management system that is currently in place. Explain the formal performance feedback process. Describe any informal performance feedback that takes place. Analyze how the organization protects itself from any litigation related to performance management. • Analyze the techniques used by managers in the organization to try to improve employee performance. • • • • Please note: You must address all the required elements of this assessment. If details for any of the bulleted points are unavailable, research the topic and present recommendations you believe would be best for the organization, along with your supporting rationale. Additional Requirements • Your submitted assessment should include a title page, introduction, body, conclusion, and reference page. • Be sure you support your analyses with references to at least two resources. • You should format this assessment as a research paper following APA 6th edition guidelines for both style and citing sources, making sure that you also use correct grammar and mechanics. • There is no required minimum or maximum page length; however, you should strive to be as detailed as possible in addressing each bullet point, while also being as clear and concise as possible. Introduction Describe a performance management system. Analyzes a performance management system for effectiveness. Explain performance feedback processes. Analyzes performance feedback processes for effectiveness. Analyze ways an organization can protect itself from litigation related to performance management. Analyzes ways an organization can protect itself from litigation related to performance management. Explains the rationale behind those ways. Analyze techniques used as attempts to improve employee performance. Evaluates the effectiveness of techniques used as attempts to improve employee performance. Conclusion
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Running head: PERFORMANCE MANAGEMENT

Performance Management
Name
Course
Tutor
Date

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PERFORMANCE MANAGEMENT

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Performance management

Introduction
In management, performance management is described as the process through which
members of an organization starting from the management, the employees and other stakeholders
plan, review, execute and monitor the objectives that they have set for the institution. For an
institution to have an effect and flawless performance, it is imperative that it develops a
performance management system that suits its operations. Starbucks is one of the Wal-Mart is
one of the organizations that have successfully implemented a performance management system
to run its operations. In that regard, this paper examines the performance management system
that the company uses to achieve its goals.
The performance management system of Wal-Mart
In the retail industry, no one beats Wal-Mart. With over two million employees and
presence in over fifteen countries, it takes a lot to make sure that the company delivers on its
goals. While Wal-Mart is highly recognized for its business intelligence, a lot of people still do
not understand the management process of the company and the role that it plays in helping an
organization to achieve its goals. The performance management of Wal-Mart starts at the
recruitment method that the business employs. The company appreciates that the road towards
the quality delivery of services starts at the hiring stage. The institution has lai...


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