Role of Performance Management in Hamleys

Developing Individuals, Teams and Organizations

Contents
INTRODUCTION.....................................................................................................................................3
MAIN BODY.............................................................................................................................................3
REFERENCES..........................................................................................................................................5

INTRODUCTION
The study is based on evaluating the role of organizational performance and analyzing different
kinds of performance improvement methods. In the sense of Hamley's company, that is a global
toy retail store, all these elements are explained.
MAIN BODY
(a) Explain why effective performance management is so important to Hamleys.
Performance evaluation is a method of ensuring that a series of tasks and results meet the
objectives of the study in an effective manner (Murphy, 2020). In order to process
different tasks, strategic planning can focus on the organizational cultural values, a unit, a
personal, or the processes in place. In the context of Hamleys, a few other key objectives
of performance planning are stated following in such a way:
Contributes to improve morale- Performance reviews offer the perfect environment for
formalizing and recording praise. Feedback, though, is not only about setting goals for
the next section. It will also offer an incentive for a direct boss to accept workers on their
payroll. This plays a critical part in the sense of Hamleys above, in order to raise the
productivity of workers.
Contribute to find the best recruiting workers- All workers has to go through the similar
performance appraisal aspect. The managers can help judge them for promotion, salary
increases or transfer in the same, straightforward manner. Not only can this continue to
guarantee that the best candidate is chosen for advancement, but it will also make the
recruiting process more transparent and fair. This plays an important role in recruiting the
best workers according to their ability and nature with all the reasoning for the above
business.
(b) Evaluation of each approach: