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Performance Management Assignment

   

Added on  2021-04-21

5 Pages1302 Words40 Views
RUNNING HEAD: Performance Management 0Performance Management
Performance Management Assignment_1
Performance Management 1Performance management in public or private sector organizationsThe human resource management has undergone a radical change to focus on the strategies which facilitate the successful implementation of organizational objectives. The activities of human resource are focused on high performance of employees for the developmental of an organization (Bratton & Gold, 2017). The performance management is a process in which managers and employees work together in order to plan, monitor and review objectives and overall contribution to the organization. The performance management is a broader function of human resource. The performance of an organization can be enhanced by improving the performance of it’s staff. The two factors affect the performance management system in the public organization that is internal and external factors. The internal factors comprise leadership, management commitment, resources, culture, and employees’ engagement. The external factor comprises citizens, labor unions, elected officials and legal requirements. There is no difference between the performance management systems of public and private sectors. It is because both sectors believe in achieving goals. The performance management helps in meeting standards by improving the performance of employees (Buckingham & Goodall, 2015). The annual budget and annual performance evaluation are used for the management of performance outcomes and behavior in the public sector. These evaluations deal with the pastnot future. The use of performance management system contributes to the business being effective, efficient and justifiable. The performance management is gaining importance as an effective organizational approach in the public sector. The public organizations have made progress by using performance management systems. It has helped in capturing the complexity of accountability and transparency. The performance management system in the private sector focuses on the design along with the emphasis on the financial aspects. The PMS indicators focus on the total profit in the private sector. More pressure is given on the operations, targets, and performance-based reward systems (Van Dooren, Bouckaert & Halligan, 2015). The performance management system is multidimensional in the private sector. The strategy linked performance management systems lead to the better organizationaloutcomes.
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