A strategic component and responsibility of the human resources department is the management of the people of the organization, which is frequently called human capital management. As the new HR manager, you have conducted an analysis of your organization and found that performance management processes are highly inconsistent among departments. There are no ties to organizational goals, and departments are free to determine the review criteria for their employees. Some departments have a process of a formal annual appraisal while other departments do not provide employees with any documented feedback on their performance. In performance improvement, some departments have a process of documenting employee performance issues; others seem to follow a process of no documented warnings before recommending termination. With your experience, you recognize the benefits of establishing a comprehensive performance management process that ties individual, group, and department performance, and rewards to organizational goals and success.
The value a performance management program brings to the organization
A discussion of the various performance management programs you considered in developing your final suggestions
A rationale for your selection of different aspects of your plan
How your organization will address the three key areas of performance management: appraisals; improving employee performance; and aligning individual performance to group, department, and organizational goals
A communication plan for informing all employees about the new process
Training that will be provided to employees and managers
The additional issues/challenges that need to be considered with the implementation of these programs
In your research, other areas of performance management the organization might consider for implementation after this initial phase
A strategic component and responsibility of the human resources department is the management of the people of the organization, which is frequently called human capital management. As the new HR manager, you have conducted an analysis of your organization and ...
To have an efficient running entity, the departments and its staff must have working strategic plans that address the elements of Human Capital Management. Within the company, there is a lacks of a plan that focuses on the performance management. Performance management is a key element that helps to keep law and order within a company. It is used to set the parameters or guidance to direct departments in the directions that meet the company goals, employee performance reviews, appraisal, discipline, employee feedback, and organizational structure for employee improvements. This document will provide an outline for a basic performance management plans that will tie together individuals, groups, and their department's performance levels and give reward to goals, objectives, and success.