Human Resource Management

Running Head: Human Resource Management 1
Human Resource Management
Name
Institution

Human Resource Management 2
With regard to your answer to (d) above, how does the organization measure the
performance of this group of key talent?
The organisation measure the performance of the group of key talent in different ways.
First, the performance measures focuses on stability of the accrued profit, cash flow earnings,
and returns in invested capital among others. Cost benefit is highly considered, as well as
performance dimensions which should be measurable to avoid biasness in the assessment.
Secondly an alternative can be used to ensure the correctness of the assessment. The
performance matrix is used (Holmberg, 2000). It provides evidence of financial and non-
financial goal achievement. It has to configure organizational strategic goals whereby employer
and employee’s agreement should be realistic and achievable. This assessment involves
organizing systematic feedback sessions and reviewing of performance whereby high and
average performers are observed. Weighting to each matrix is assigned depending on the level of
importance thus higher performance issued to individuals and lower performance to team
evaluation. The employee’s performance highly affects the matrix.
(Part2): How does it ensure that a right performance management system is in place
to maximize their performance?
To ensure that right performance management system is in place in order to maximize the
organisations performance, the following has to be adhered to; to begin with, the business should
ensure that it has a well-designed performance planning process which entails the expectations of
the employee goals and objectives that they should work on. The expected performance of the
business should move hand in hand with the processes carried out there. The goals of the
employees should not differ from those of the organisation which are result oriented rather than