Human Resource Management
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Performance Management
In the session-long project, you will be asked to select a reference organization to use as a focus for your application of research ideas. This may be your choice of:
- Your current workplace
- A workplace with which you are not affiliated (now) but of which you have good knowledge (could be that of a friend or your Significant Other...)
For this group of 5 - Please use Wal-Mart, Target, Sears, or JCPenny's as the workplace (chose only one for all five assignments) - Thanks
Please note that you will not be asked to disclose any intimate or awkward material about any one you choose. Your confidentiality will be fully respected; no one but the instructor will see anything you write. If you have a non-traditional organization, you may need to be a bit creative in interpreting the assignments, but I think you'll find it's both stimulating and entertaining to try.
For the Module 5 component of the Project, please address the following question in a paper:
- Assess the strengths and weaknesses of the performance management system in your organization.
- What recommendations would you make to improve this system?
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The Response Addresses the Queries Posted in 589 Words, APA References
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The Response Addresses the Queries Posted in 589 Words, APA References
Performance Management
Performance management is a process of measuring & aligning work behavior of employees with organization's predetermined goals & objectives. It is a continuous process, which is designed to improve the effectiveness and productivity of the employees (Fisher, Schoenfeldt & Shaw, 2002). Performance management seeks to integrate the objectives of employees & organization. Its purpose is to link the goals & behavior of employees with organization's corporate strategy. Performance measurement includes planning, monitoring, developing, rating and rewarding. Wal-Mart is employing approximate 1.8 million people around the globe and uses performance management for evaluating the performance of its employees (Wal-Mart, 2009).
Strengths of Performance Management in Wal-Mart
Performance management is an effective process of improving the performance of employees and overall productivity of an organization. Wal-Mart has also benefited by using performance management system. The strengths of performance management in Wal-Mart are as follow:
Improving Profitability: Performance management helps ...
Education
- MBA (IP), International Center for Internationa Business
- BBA, University of Rajasthan
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