logo

Consultant at Sabic Company Application 2022

   

Added on  2022-09-21

8 Pages2007 Words17 Views
Running head: CONSULTANT AT SABIC COMPANY 1
Project:Consultant at SABIC Company
Course Name: Performance Management
Section Number: 101
Instructor name: Dr. Alexander Soldat
ID Number: 201500932
Student Name: Musad altissan
Semester: Spring 2019 – 2020
Due date:s April 4

CONSULTANT AT SABIC COMPANY 2
Consultant at SABIC Company
The application of proper performance management and reward systems is vital for
connecting the employees, line management, and the organization. A harmonious connection
between them ensures that the organization achieves its objectives and mission. Performance
management helps employees have clear job definitions, indicate and determine the criteria for
success, increasing self-esteem, amongst other benefits (Chapter 1, Slides 9-11). Thus, it is a
key-pointer for the strengths and weaknesses of the individuals. Moreover, the supervisors
acquire a platform for communicating their views clearly, while managers become more
acquainted with the subordinates’ issues. Thus, performance management is very important to
any organization and thus must be done in accordance with the best practices available to ensure
that organizational goals are met.
Sabic Company Limited is a Saudi Arabian company with branches in other regions of
the world, including America. The company manufactures, produces, sells, distributes, and
packages agricultural goods, electrical and electronics, building materials, motor vehicle spare
parts, and healthcare products. The employees thus vary in skills and knowledge, depending on
the area of operation. Despite this wide array of activities, the focus is on the Saudi Arabia Sabic
Company, where my father works as an operations officer. The company has a wireless network
performance management system and 360-degree appraisal systems with which it applies
performance planning, execution, assessment, review, renewal of contract processes. Of these
five performance management processes, the company’s planning processes are the best, while
the performance process review is weak.
Performance planning processes are the activities and plans that assess the output of
employees and compare them to the objectives of the organization, specifically on areas that

CONSULTANT AT SABIC COMPANY 3
need improvement in quality, quantity, cost of production, and time the employees take to meet
targets. Thus, if performance planning is appropriately designed, the organization can make
profits and maintain a strong production system
The performance planning process in the company ensures that every employee’s output
is examined to determine where and how to improve so as to achieve the company’s objectives
and be the leading producer of petrochemical products in Saudi Arabia and beyond. Therefore,
the line management sets measurable targets and objectives with clear indications of their
importance to the company’s mission. For example, the company may allocate each employee a
target in terms of productions per person, say 1000 items per day. The focus is on the production
because Sabic Company Limited primarily pegs on this for survival. Targets also ease the
managers follow up on employee’s output per day.
The planning system is strong in that it identifies specific objectives through making
measurable and important statements of the outcome on the one hand, and establishes
performance standards, on the other hand. Identification of specific objectives aligns the
performance management with the overall objective of the organization and thus necessary
changes can be made. According to Mariani, Tieghi, & Gigli, (2016), failure to have specific
objectives may cause the whole process of performance management to lose relevance where
there is a wide area of goals to meet. The class notes further support this position that
performance standards are the ‘Yardstick” to assess how the employees have met or failed to
meet the objectives (("Chapter 2 Performance Management Process," 2013, Slide 19). In a
nutshell, performance planning must have strong performance objectives and standards because
the two are vital for the success of the performance management objectives and the goals of the
organization.

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Performance Management 2022 Analysis
|13
|451
|33

Competency Demonstration Report for Control System Revamp Project
|9
|1886
|161

Business Change Management Assignment
|21
|4310
|46

Wireless Temperature Monitoring of Substation Buildings in Main Control Room - Career Episode 3
|8
|1463
|213

Baldrige Performance Assessment
|6
|1309
|21

Marketing Assignment | Swot Analysis PESTLE Analysis
|19
|6252
|294