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Managing Strategic Performance: Problems, Theories, and Solutions

   

Added on  2023-06-05

9 Pages2146 Words213 Views
Running head: Managing strategic performance
Managing strategic performance
2018

Managing strategic performance
Table of Contents
Introduction.................................................................................................................................................3
Problems at Aussie healthy foods and relevant theories of managing strategic performance...................3
Two practical solutions to redefine performance management system........................................................5
Conclusion...................................................................................................................................................7
References...................................................................................................................................................7
2

Managing strategic performance
Introduction
Performance management system is an effective and unique part of each and every company that
helps in analyzing and determining the performance and productivity of the employees. The
main motive of this task is to discuss about the performance management system of Aussie
healthy foods which is located in Melbourne, Australia. The company had decided to redesign
the performance management system in the competitive market. Although, this system will
provide ample of advantages to the company but it also dissatisfied the employees. The paper
discusses that how new performance management system will help in resolving and managing
the performance and outcomes of the workers. Some of the theories related to performance
management have been discussed in the task. At the end, two practical solutions for recreating
the performance management system also briefly have been elaborated in the task.
Problems at Aussie healthy foods and relevant theories of managing
strategic performance
Aussie healthy foods provides the latest in organic, health food and gluten free products to the
customers across the world. It offers prices at reasonable prices to the target audience in
Australia. In 2016, an effective and dynamic decision was taken to redesign the performance
management system of Aussie healthy foods. This is done to evaluate and analyze the
performance and productivity of the employees in a hassle free manner. In this new system,
performance review or feedback sessions were held in every month to gather insights from the
managers, employees and closest colleagues in all offices and plants across Australia. But most
of the employees were not satisfied with this new performance management system. It is noted
they felt under pressure and demotivate to frequently explain their performance and productivity
at the workplace. Thus, the employees said that they wanted to receive and give feedback and
opinions less frequently. Aussie health food created and implemented this new system to
evaluate and improve the performance and efficiency of the workers in the competitive market. It
will further help to maximize and boost profitability and returns of the firm internationally. No
company can survive and grow its business activities and operations without using performance
3

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