Description
Develop 1,500-2,000 word, high-level, Performance Management Cycle Plan. The plan should contain an introduction and conclusion that explain how effective performance management supports organizational strategy and HR goals.
The purpose of this assignment is to simulate the thought process that managers use when evaluating the various elements of performance management. The students are not expected to produce a detailed plan that includes:
- Introduction of the organization that outlines the importance of performance management in organizations and performance management needs in the chosen organization.
- Performance Management Process (Step 1). Performance outcomes for the company division and department.
- Performance Management Process (Step 2). Develop employee goals, behavior, and actions to achieve outcomes.
- Performance Management Process (Step 3). Provide support and ongoing performance discussions.
- Performance Management Process (Step 4). Evaluate performance of employees.
- Performance Management Process (Step 5). Identify improvements needed.
- Performance Management Process (Step 6). Provide consequences for performance results.
- Strengths and weaknesses of current training methods. Consider showing the link between how employee training supports organizational strategy and HR goals.
- Proposed impact of the revised performance management and employee training on employee retention.
- Conclusion.
Incorporate three to five resources (including your textbook) to support your paper.
Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.
Explanation & Answer
Here you go. In case of any further inputs, please let me know.All the best!I appreciate working with you!
Running head: PERFORMANCE MANAGEMENT LIFECYCLE
Performance Management Lifecycle
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PERFORMANCE MANAGEMENT LIFECYCLE
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Performance Management Lifecycle
Introduction
The term performance management refers to the creation of an environment, which
enables employees to execute their responsibilities in a manner that is consistent with the
demands of the institution. Performance management allows individuals to perform to the best of
their abilities. It is important for an organization to develop performance management practices
to help in restructuring the relationship between the management and the employees. In this way,
it would be possible for the organization to achieve its goals. Organizations have strategies that
they use to achieve their goals. In all their activities, there are particular objectives that the
institutions need to accomplish. To achieve these ends, companies must make sure that they
manage the performance of the employees so that they have an understanding of the tasks and act
in a manner that is in furtherance of the objectives of the institution. One of the critical areas in
an organization is the human resource. The human resource department plays a critical role in the
creation of an environment that allows an institution to achieve the objectives for which it was
developed. As such, the department must develop goals and objectives that dictate its approach
to functions in the organization. Performance management in organizations is critical since it
makes sure that an environment allows the human resource department and the institution as a
whole to achieve their objectives
American Airlines and its need for performance management
The American Airlines is the largest airline in the world with regards to revenue, overall
passenger numbers and the destinations across the world. Currently, the number of employees
working for American Airlines stands at 118,000 (Calder, 2017). With this number of
PERFORMANCE MANAGEMENT LIFECYCLE
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employees, it is necessary for the company to devise appropriate mechanisms to make sure that
all the employees are in a position where they can delive...
