Performance Management: AssessTEAM Model Recommendation Report

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This report examines performance management models, focusing on the AssessTEAM model and its suitability for a factory setting. It defines performance management and highlights the importance of aligning systems with organizational specialization. The report details the key features of an effective management system and discusses factors to consider when choosing a model. AssessTEAM is recommended due to its user-friendliness, comprehensive features including performance reviews, 360-degree feedback, goal setting, reporting, and integration capabilities. The model's pricing, mobile app, and concierge service are also highlighted. Furthermore, the report emphasizes AssessTEAM's ability to support employee evaluation, provide continuous feedback, and facilitate employee engagement, ultimately improving team performance, productivity, and profitability. The report concludes by mentioning the software's integration capabilities with HR payroll systems, team sheet options, mobile apps, and 24/7 email support, emphasizing its potential to increase customer satisfaction and company profits.
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Running head: PERFORMANCE MANAGEMENT MODEL 1
Performance Management Model
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PERFORMANCE MANAGEMENT MODEL 2
Performance management is one of the most debated, criticized and praised management
practices for many years. In today’s corporate world managing the performance of employees is
one of the crucial factor that determines the ability of businesses to survive and outdo their
competitors in the market. It is therefore crucial that organization adopt the performance
management system that greatly aligns with their lines of specialization. A performance
management system can be defined as a systematic process meant to improve the performance of
an organization by developing individuals as well as team’s performance. In other words it
means that managing and understanding performance within the set basis of capability
requirements and planned objectives greatly assists the organization obtain better results. The
major feature of an effective management system include being consistent, fair and reliable, it
holds employs accountable, applies established performance measures and it is as well efficient
and flexible. It should also be supported by executives and managers for it to be successful
(Masters & Kotsakis 2008).
In choosing the right performance management model to apply in any organization some
of the factors that can be used considered include pricing, ease of use, goal setting, performance
reviews, 360-degree feedback, reports and analytics, software integration as well as the ease of
use and set up. For the right performance of this factory I would recommend the uses of
AssessTEAM model as it aligns with most of these features. It is a recent performance
management module and have been regarded by various studies as the best in terms of features
and prices. It can support any company that is highly interested in integrating a system to review
its employees. It employs some of the traditional approach while reviewing performance which
makes it friendly and simple to use while maintaining recent improvements in performance
management (Aguinis 2009). This module also have the standard package of tools needed for
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PERFORMANCE MANAGEMENT MODEL 3
performance management. These include performance reviews, 360-degree feedback, goal
setting, and integrations besides reporting to any other software packages that might exists within
the factory. This adaptability of AssessTEAM is very crucial as it can assist the factory to even
fully integrate its systems with those of their clients. In addition to these standard tools this
model is also created in a way that can support even the most recent performance management
requirements. This can greatly assist the factory to adopt even the performance management
needs that may develop after it has been purchased and integrated into the factory’s system.
Furthermore it also contains a mobile app which make it simple for the managers and employees
to use. It also gives a concierge service that assist in guiding the rollout associated with
performance management to both employees and managers in the factory (Stenzel & Stenzel
2013).
AssessTEAM also possess the most considerable performance management pricing as
compared to other tools used in performance management. It offers the main performance
management features that one can expect with a very low cost. Furthermore by adding a little
cost per each employees the factory can be able to obtain timesheet management as well as more
project team reporting. This can greatly assist the factor if there is a high need of tracking
performance by team as well as the hours worked. It can also assists to conduct employees’
reviews. This model is also set in way that can increase the enterprise of the company is
accompanied by getting tools that will assists in tracking profitability as well as productivity at
the team and individuals levels. This therefore means that AssessTEAM will allow the company
to manage the performance of individuals and teams, including the productivity and profitability
of the team involved (Silber, 2010). .
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PERFORMANCE MANAGEMENT MODEL 4
The main features of its basic components such as performance management, goal
setting, reports, 360 degree reviews are all contained in most of the tiers belonging to this
software. The factory will also find some of its essential needs such as continues feedback to
enhance teamwork as well as management engagement in this module. It also contains an online
dashboard that can be used by individuals and teams to track performance. In regards to the
software interfaces this model integrates with majority systems of HR payroll by applying a
modest import feature. This followed by setting up major result areas as well performance
indicators. This module also contains a team sheet option as well mobile apps for android and
iPhone, 24/7 email support as well as project management. This can be of great importance to the
ability of the company to fit and to have longer working hours as well as use modest technology
that can help it become more efficient and productive. Use of more advance technology will lead
to higher satisfaction by the customers which in turn means higher profits by the company
(Niehaus & Price 2010). .
Other crucial features that help to make AssessTEAM one of the efficient performance
management system for this factory include its ability to evaluate employees. This will help to
clearly outline what the employees are needed to do. It then goes ahead to correctly manage
performance in respect to results as well as key performance indicators. This will assist to locate
where the areas that employees need to improve as well compare their working relationships.
Furthermore the process of employee evaluation is also very flexible in a way that can help the
company conduct evaluations after hiring a new employee, after completing projects, weekly and
monthly basis or due to any other time frame. Another feature of this model and which can
greatly assist this company is its ability to provide continuous feedback (Hutchinson 2013). It
provide 360 degree feedback and as well enables frequent real-time feedback that can be planned
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PERFORMANCE MANAGEMENT MODEL 5
as required. This module will also assist the company to engage its employees. What give it this
ability is its real time information views, self-evaluations, mobile access as well as the ability of
each employee to provide feedback to their colleagues. Employees are also able to see how their
effort greatly contribute to the team, project and company objectives including profitability. The
advanced feature of AssessTEAM will also permit top management in this company to conduct
project- level job costing. These features help to turn will greatly makes this performance
management model when it’s employed in the company’s operation.
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PERFORMANCE MANAGEMENT MODEL 6
References
Aguinis, H. (2009). Performance management. Upper Saddle River, N.J., Pearson Prentice Hall.
Conyne, R. K. (2013). Group work leadership: an introduction for helpers. Harvard University
Press, Cambridge, Mass.
Friedrich, R. (2017). The virtual team maturity model: performance improvement of virtual
teams. Wiesbaden, Germany, Springer. http://public.eblib.com/choice/publicfullrecord.aspx?
p=5113842.
Hutchinson, S. (2013). Performance management. London, Chartered Institute of Personnel and
Development. Journal of Process Management. New Technologies
Masters, J., & Kotsakis, C. (2008). Sap Erp Hcm performance management: from design to
implementation. Bonn, Galileo Press.
Stenzel, C., & Stenzel, J. (2013). From cost to performance management: a blueprint for
organizational development. Hoboken, N.J, J. Wiley & Sons. http://site.ebrary.com/id/10304863.
Silber, K. H. (2010). Handbook of improving performance in the workplace.
http://ezproxy.uniandes.edu.co:8080/login?url=http://onlinelibrary.wiley.com/book/
10.1002/9780470592663.
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PERFORMANCE MANAGEMENT MODEL 7
Masters, J., & Kotsakis, C. (2008). Sap Erp Hcm performance management: from design to
implementation. Bonn, Galileo Press.
HUTCHINSON, S. (2013). Performance management. London, Chartered Institute of Personnel and
Development.
STENZEL, C., & STENZEL, J. (2013). From cost to performance management: a blueprint for
organizational development. Hoboken, N.J, J. Wiley & Sons. http://site.ebrary.com/id/10304863.
FRIEDRICH, R. (2017). The virtual team maturity model: performance improvement of virtual teams.
Wiesbaden, Germany, Springer. http://public.eblib.com/choice/publicfullrecord.aspx?p=5113842.
NIEHAUS, R. J., & PRICE, K. F. (2010). Human Resource Strategies for Organizations in Transition. Boston,
MA, Springer US. http://public.eblib.com/choice/publicfullrecord.aspx?p=3083809.
SILBER, K. H. (2010). Handbook of improving performance in the workplace.
http://ezproxy.uniandes.edu.co:8080/login?url=http://onlinelibrary.wiley.com/book/
10.1002/9780470592663.
CONYNE, R. K. (2013). Group work leadership: an introduction for helpers.
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