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Tools and Techniques to Improve Organizational Performance and Role of Employee Wellbeing in Improving Motivation and Performance

   

Added on  2023-06-18

10 Pages2419 Words91 Views
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PEOPLE AND
PERFORMANCE
Tools and Techniques to Improve Organizational Performance and Role of Employee Wellbeing in Improving Motivation and Performance_1

Table of Contents
INTRODUCTION.........................................................................................................................3
TASK..............................................................................................................................................3
Tools and techniques to improve organizational performance....................................................3
Role of employee wellbeing in improving motivation and performance....................................5
CONCLUSION..............................................................................................................................6
REFERENCES..............................................................................................................................8
APPENDIX 1..................................................................................................................................9
PESTEL analysis of BUNI Travel...............................................................................................9
Tools and Techniques to Improve Organizational Performance and Role of Employee Wellbeing in Improving Motivation and Performance_2

INTRODUCTION
Performance management is the approach which is helpful in developing the skills of
individuals and teams which will aid in meeting organizational objectives. Personnel
management is a defined approach which focuses on dealing with human constituents of
business entity. It can also be stated as managerial function which is centered on people and their
relationship within an organization (Personal management, 2019). Human resource management
is a planned strategic approach which focuses on development and wellbeing of people who are
working within the organization (What is HR management, 2019). Human resource management
is a managerial function which focuses on maintain the morale of employees which will be
helpful in supporting them and enhancing their performance standards. BUNI Travel is a travel
agent company which is based in Bolton. The company helps and offers customers to develop
travel plans as per their demands and preferences. This report will define the tools and
techniques which will support in enhancing organizational performance and will outline the roles
of employee wellbeing in increasing motivation and performance of businesses.
TASK
Tools and techniques to improve organizational performance
Organizational performance is measured and defines how business has successfully
performed the business activities through which they can maintain their position within the
industry (Organizational performance, 2021). The concept of organizational performance
defines how successfully an organized group with a particular purpose perform a function.
Organizational performance focuses on three aspects which are- financial performance, market
performance and shareholder value. There are various tools and techniques which are followed
by business to improve organizational performance, some of these tools and techniques are
mentioned below:
Using training and development- Training and development is one of the most common
approach of enhancing organizational performance. Through training and development,
an organisation can enhance the required skill set of an employee which will help them in
performing the assigned job roles and responsibilities effectively. In case of BUNI
Travel, the travel agency will monitor the performance of their employees and offer them
Tools and Techniques to Improve Organizational Performance and Role of Employee Wellbeing in Improving Motivation and Performance_3

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