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Performance Management | Study

   

Added on  2020-03-23

9 Pages2026 Words47 Views
Running head: PERFORMANCE MANAGEMENTPERFORMANCE MANAGEMENTName of the studentName of the universityAuthor Note
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1PERFORMANCE MANAGEMENTIntroductionIn the current worldwide scenario, every successful organization understands and knowsthe ways to achieve a better productivity and performance in terms of achieving a highercompetitive advantage with the successful implementation of its managerial tools within theorganization. Every organization is fundamental in the achieving of its goals under thecollaborative efforts of the employees and the responsibility of the management to handle theoperations of the organization (Van Dooren, Bouckaert & Halligan 2015).This essay deals with the fundamentals and the strategies to manage the performance ofthe employees, within the organization. This essay further investigates the implications related toperformance management in an organization that come from the employees as well as themeasures to amplify the efficiency of performance management in the organization. In order tohelp understand the fundamentals and the theories of performance management, a case studybeen cited to add influence to the topic in concern. The case study of Aussie Healthy Foods hasbeen adopted to help understand the topic in a lucid manner.The purpose of the essay is to understand the principles and theories of performancemanagement with reference to the case study as well as critically analyze the performancemanagement of the same organization taking suggestion from the performance managementprinciples and theories.
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2PERFORMANCE MANAGEMENTOrganizational backgroundAussie healthy foods is one of the known food manufacturer of healthy edible items thatincludes breakfast cereals, beverages, sandwich spread, diary and meat alternatives since the yearof 1980. The headquarters of the same are located in Melbourne, Australia and the organizationhas been performing under the influence and guidance of CEO Ms Carter, for the past ten years.Critical analysis of Performance management of Aussie Healthy FoodsUnder the circumstantial evidence and performance of the organization, the organizationhad been performing strongly for the past ten years. In order to amplify the productivity theorganization made a decision to reconstruct the performance management design that involvedthe setting up of annual goals, by the employees (Cinquini et al. 2013). The employees aresubjected to midyear check under the managerial supervision with a yearly assessment of theperformance to a decision of the necessary increment in the remuneration of the deservingcandidates. With a motive to enhance the performance, the management began conducting aquarterly feedback session from the employees. From a feedback email with respect to the newsystem, it was analyzed and concluded that the employees were dissatisfied with the new system,which was burdening and time-consuming, due to the frequent exchange of feedbacks andreviews (Hvidman & Andersen 2013).With reference, to the theories of performance management the strategies that has beenapplied is totally rational since the performance of the employees can only be maintained with awell established communication system to help the managers understand and evaluate theperformance of the employees (Rabl et al. 2012). In terms of annual increment of the
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