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Importance of Performance Management in Samsung - Desklib

Write a report on managing and retaining staff, analyzing an issue and discussing it in terms of relevant theory and literature.

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Added on  2023-06-15

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This report analyzes the issues faced by Samsung in performance management and provides recommendations for improvement. Theoretical concepts relevant to performance management are discussed, and the report suggests strategic HRM and diversity management as solutions. The report includes a brief about the case study, problems and facts, and a conclusion. Access study material, solved assignments, essays, and dissertations on Desklib.

Importance of Performance Management in Samsung - Desklib

Write a report on managing and retaining staff, analyzing an issue and discussing it in terms of relevant theory and literature.

   Added on 2023-06-15

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Running head: HUMAN RESOURCE MANAGEMENT
Human Resource Management
Name of the Student
Name of the University
Author note
Importance of Performance Management in Samsung - Desklib_1
1HUMAN RESOURCE MANAGEMENT
Executive Summary
The report has helped in understanding the different issues and facts in the case study related to
the Samsung Company. The different issues have been identified that is related to the
performance management of the employees in the organization. The different kind of
recommendations has been provided related to the improvement of performance of the
employees.
The main aim and purpose of the report has been related to the understanding of issues in the
performance management of the employees. The recommendations related to the improvement
of the performance have been analyzed and this has helped in rectifying the issues in an effective
manner.
The conclusion has been based on analysis of different issues in the organization related to
performance management. The recommendations have been provided related to strategic HRM
and other diversity management.
Importance of Performance Management in Samsung - Desklib_2
2HUMAN RESOURCE MANAGEMENT
Table of Contents
Introduction..........................................................................................................................3
Brief about the Case Study..................................................................................................3
Problems and Facts in the Case Study.................................................................................4
Theoretical Concepts relevant to performance management...............................................5
Recommendations................................................................................................................6
Conclusion...........................................................................................................................7
References............................................................................................................................9
Importance of Performance Management in Samsung - Desklib_3
3HUMAN RESOURCE MANAGEMENT
Introduction
The report helps in analyzing and identifying the issues faced by Samsung Company
regarding the performance and reward management of the employees. The different theories and
literature has to be provided in order to understand the performance management of employees
in Samsung. The Human Resource implications has to be analyzed in such a manner that this
will help in managing the performance.
The main aim and purpose of the report is to understand the performance management of
the Samsung Company. The different analysis has to be done regarding the performance
management theories that can be implemented by the respective company in order to improve the
performances as this will improve productivity of the organization.
The structure of the report includes the definition of the performance management along
with analysis of the case of Samsung in relation to the performance management of the company.
The different unfair facts have to be discussed in relation to the Samsung Company that included
the fair bonus of the team as well. The recommendations have to be analyzed in such a manner
that includes the strategic HRM, diversity management and motivation and reward management.
Brief about the Case Study
The case study is based on the Samsung Company relating to the performance
management. The case study is on the poor performance of the company; however, the company
is still paying their employees the best incentives as deserved by the different employees in the
organization. The bonuses are capped at 50% of the salary of the employees and the mobile
division of Samsung were performing extremely poor. The battery division employees just
received 3% bonus for the entire year instead of 50% of the bonus.
It was even seen that the performance of the handset division of Samsung was not that
strong in the year 2015. It was seen that Samsung is trying to motivate the employees through
compensation strategies. Samsung adopts the new leadership approaches, as this will motivate
the employees in the organization. The main issue that has been analyzed in the case study is
Importance of Performance Management in Samsung - Desklib_4

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