Developing performance management strategies

Developing performance
management strategies

Table of Contents
Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1.1-Assess the links between team performance and strategic objectives.............................1
1.2-Evaluate tools and techniques available to set team performance targets.......................2
1.3-Assess the value of team performance tools to measure future team performance.........5
TASK 2............................................................................................................................................7
2.1-Determine required performance targets within teams against current performance......7
2.2-Discuss the need to encourage individual commitment to team performance in
achievement of organisational objectives...............................................................................7
2.3-Relate the application of delegation, mentoring and coaching to the achievement of the
organisational objectives........................................................................................................8
2.4-Evaluate a team performance plan to meet organisational objectives.............................9
TASK 3............................................................................................................................................9
3.1-Assess the process for monitoring team performance and initiate changes where necessary
................................................................................................................................................9
3.2-Evaluate team performance against agreed objectives of the plan................................10
3.3-Evaluate the impact of the team performance in contributing to meeting strategic
objectives..............................................................................................................................11
TASK 4..........................................................................................................................................11
4.1-Determine influencing and persuading methodologies to gain the commitment of
individuals to a course of action...........................................................................................11
4.2-Discuss the impact of individual dynamics, interests and organisational politics on
securing the commitment of individuals to a course of action.............................................13
CONCLUSION..............................................................................................................................14
REFERENCES..............................................................................................................................15

INTRODUCTION
Development of performance management strategy defines the goals and objective of the
company and also get communicate them to the employees. Performance management is the
continuous process through which the working ability of the entire individual will get developed
by which the company could attain its goals and mission in timely manner. In this the higher
authority or the supervisor provide adequate communication with the employee by which they
have make suitable changes in the overall personality of their employee by which their
understanding towards the aim and mission of the company will get accomplished (Alisan,
2018). It is an approach that will used by the company to establish the effectiveness, clarity,
aligned and collaborative by which the trust will get enhance in the relationship in between the
employee and company. This report is based on the Sykes Holiday Cottages that is the rental
company and having the portfolio of 11,000 numbers of properties in the Ireland and UK. This
report includes the link in between the strategic objectives and team performance, tools and
technique to set team performance target, value of team performance to achieve the
organisational objectives. In addition to this, team performance plan, monitoring of actions and
activities to improvise the team performance.
TASK 1
1.1-Assess the links between team performance and strategic objectives
The performance management strategy defines the successful path through which the
accountability of all the employee will get ensures and includes the higher manager as well. To
develop the different strategy the company will collect the feedback of the entire employee to get
induces the smooth flow of services. The performance management is more vital within the
companies and a part of the business to get retains and attracts the larger number of people. The
company will induces the utmost clarification by which the expected outcomes to get achieve the
goals and objective of the employee by which their working performance will get more
developed (Easter, 2019). The impact of the effective team performance on the strategic
objectives is that it will lead more success and developments of the Sykes Holiday Cottages by
which they get achieve the better outcomes. In this all the individual of the company will have
worked as a team by which have shared the common goals and objectives by which the
efficiency to get achieve the target will get improvised. On the other hand, sometimes while
1

working in team the employee will not get achieve as the different personality will worked by
which more complexity will get introduced. There are some key benefits to organisations of team
performance and alignment and that are as defined below as:
 It is the process through which the coordination among the employee will get improvised
by which it is easier to get worked in a team.
 The decision making process become even faster by which accuracy and probability to
achieve continuous success will get developed.
The team performance and strategic objectives are interlinked with each other as the aim of
the strategic management is the enhance the working capability of the Sykes Holiday Cottages
by which the employee become more motivated and committed by which more sustainability
will get developed (Farooq, 2018). For example, the Sykes Holiday Cottages will have uses this
in their business by which the quality and the services that are provided by them will get more
enhanced by which more profit will get developed. They have collect the feedback of the
employee by which reinforced the entire barrier that get resist the performance of the company.
1.2-Evaluate tools and techniques available to set team performance targets
There are some different tools and technique that will get used to set the performance of
the team and that are as defined below as:
Armstrong’s performance management: It is the tool that was proposed by the
Michael Armstrong and states that the system of performance management will get start with the
concept with the cycle of performance management and that is as defined below as:
Planning: It is the first cycle in which the Sykes Holiday Cottages will develop the
SMART objectives by which their contribution towards the accomplishment of goals and
objective become more systematic. In this the company will formulate the personal development
plan for each individual that is as per their strength and skills.
2