Performance Management Characteristics and Their Impact on Organizational Success

Running head: MANAGEMENT
MANAGEMENT
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Author note

MANAGEMENT
1
Table of contents
Introduction......................................................................................................................................3
Discussion........................................................................................................................................3
Conclusion.......................................................................................................................................7
Reference list and bibliography.......................................................................................................8

MANAGEMENT
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Introduction
The performance system plays an essential role in case of ensuring the positive growth in
business. It is true that performance management can be done in both the formal and informal
manner. It is true that based on performance management abilities of individuals, strategic
objectives of the companies are being set (Armstrong and Baron, 2004). The purpose of this
study is to shed light on different performance management characteristics and analyze those
impact in case of deriving success in an organization. Reviewing the assignment 5, the study has
focused on providing the changes that can bring the improvement in performance management
system in the organization.
Discussion
Analyzing the performance characteristics introduced by Aguinis (2012), it can be said
that explaining the performance dimension as well as standards to the employees, the
organizational control can be increased. Effective communication can be considered as another
important characteristics that can help to explaining the formal management system to the
employees. Including the formal appeals process, the performance regarding information are
being collected using the diverse and multiple sources (Armstrong and Baron, 2004). Depending
on the formal process of training and sharing knowledge by the supervisors, performances of the
employees are being observed. Analyzing the situation in Bright Ideas Company Limited, it has
been identified that from the last 12 years the company is maintaining its sustainable position in
different countries. In order to bring the improvement in the organization, the human resource
department is playing an important role. Examining the situation in the organization it has been
identified that increasing training needs in the company has influenced the operational process in
the company.