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MGT 437 Week 5 Individual Assignment - Performance Measurement Paper

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Performance Measurements
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University of Phoenix

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Performance Measurements
Performance measurement tools have been used by many organizations or
companies these days as one of their strategies in achieving success. Specifically, this
tool is useful for detailed evaluation of the production process of one company, provide
extensive guidance for the decision making process, and assess the performance of the
company departments and individual employees.
In general, measurement tools are created to give the company an easier access to
a feedback system regarding its consistency in achieving their goals, and to provide them
with options on how they can improve their current process. Basically, it gives companies
a preview of how they are currently performing and where they might be heading.
Another benefit of having a performance system is being able to better motivate
the employees to do better with their jobs. However, such tool also has its consequences
and the company should also be ready for it. Managers can easily monitor how their
employees are doing by having a performance measurement tool. And one way for them
to make their work performance consistent is by having a reward system. With this
employees will really work harder with the hopes of attaining the reward. There have
been many records and surveys that testified to the positive impacts of performance
measurement tools to the employee work performance. In the US Municipalities, 9.6% of
the respondents found the tool substantial, and 33.3% find it moderate. Moreover, these
results are supported by the same survey conducted in other US counties, which gathered
31.5% of the respondents agreed to the accurate effectiveness of the performance
measurement tool. In terms of its impact on employee motivation, 32-68% of the
respondents agreed to its effectiveness. All these records only suggest that there are many

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Anonymous
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Anonymous
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