Performance Measurement Approaches
Added on 2020-03-28
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Running head: HUMAN RESOURCE MANAGEMENTHuman Resource ManagementName of studentName of UniversityAuthor note
1HUMAN RESOURCE MANAGEMENTExecutive summaryThe topic focused on the major limitations and resolution strategies for considering theHuman resource management practices within the organization CERA in Australia. The purposeof the report was to determine the limitations and its negative impacts on the organisation andhow could it be resolved with ease and effectiveness. Few of the limitations that were faced hadbeen lack of understanding of the performance measurement tools and not being able to maintaina balance between the financial and non-financial performance indicators. The comparativeapproach, forced distribution, ranking, etc. had been major approaches to deal with these kinds oflimitations and ensured and successful functioning of the organization.
2HUMAN RESOURCE MANAGEMENTTable of ContentsExecutive summary.........................................................................................................................2Introduction......................................................................................................................................4Aim..................................................................................................................................................4Purpose............................................................................................................................................4Limitations.......................................................................................................................................5Body of Report................................................................................................................................8Recommendation...........................................................................................................................12Conclusion.....................................................................................................................................12References......................................................................................................................................14
3HUMAN RESOURCE MANAGEMENTIntroductionThe topic promises to provide a detailed analysis of the different types of limitationsbased on the individual performance measurement that have been found within the organizationCERA in Australia. Performance measurement is important for determining the areas ofstrengths and weaknesses of the individuals working within the organization and thereforeensures that the workers’ performances are improved, where they have been found to lack certainstrengths (Bisbe & Malagueño, 2012). AimThe aim of the report is to provide a detailed analysis of the limitations during theindividual performance measurement within CERA related to the organizational strategy anddevelopments in the HRM practices. PurposeThus, the main purpose of using the performance management system is to align theperformances of employees with the organizational goals and objectives and maintain a goodculture to encourage simplified processes and documentation of employee activities. This wouldhelp in maintaining a good organizational behavior as well as maintain good performances ofworkers with ease and effectiveness. The balanced scorecard is used as a strategy performancemanagement tool, which combines the financial performance measures to focus on therequirements of customers and business processes and achieve long-term sustainability(Duckworth & Yeager, 2015). The purpose of developing this report is to analyse the various
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