Performance Management System for O Meara Electronics Company

Running head: PERFORMANCE MANAGEMENT SYSTEM
Performance Management System
Name of the student
Name of the University
Author note

1PERFORMANCE MANAGEMENT SYSTEM
Executive Summary
The primary purpose of this report is to elucidate on the performance management system of
the electronics company in Australia called O Meara. It helps in the identification of the
issues within O Meara and elaborates on the issues related to staff along with the
organization. The report compares two performance management system and recommends
the performance management system that will benefit the employees of O Meara.

2PERFORMANCE MANAGEMENT SYSTEM
Table of Contents
1. Introduction............................................................................................................................4
2. Diagnosis of performance management system of O Meara.................................................4
3. Performance management issues in O Meara........................................................................5
4. Comparison of Two Performance Management System.......................................................7
5. Implementation of performance management system...........................................................8
6. Conclusion and recommendations.........................................................................................8
7. References:...........................................................................................................................10

3PERFORMANCE MANAGEMENT SYSTEM
1. Introduction
Performance Management System refers to a tool that helps in communicating the
goals of the organization to the employees and it tracks the progress made by the employees.
It helps in the evaluation of the performance of an individual in an organization. Performance
Management System helps in assessing whether the employees have been able to carry out
the duties for which they have been employed and it contributes to the overall business
objectives. Performance Management System helps in reflecting individual performance of
the employees and it proves to be helpful in keeping track of employees within an
organization (Kwak and Anbari 2009). O Meara electronics company is functioning in
Australia and it high market share in that of the general electronics sector within Australia. O
Meara possess semi-automated factories and it employs the electronics engineers who
designs the audio equipment, digital camera and the telephones. This report focusses on the
current performance management system of O Meara Electronics company. It elaborates on
the issues related to performance management of the organization and compares two
performance management system that can benefit the organization.
2. Diagnosis of performance management system of O Meara
The prevalent performance management system in the organization is position-based
that is incapable of measuring the value of the individual employee in the organization. It
does not judge the employee on the basis of their hard work, dedication and skill set and it
can be stated that the current remuneration system is faulty. In the event of an employee
being paid on the basis of position, it is often found that a person takes advantage of his
superior position in the organization and does not prove to be of merit for an organization
(Moynihan and Pandey 2010). They do not contribute to any significant extent for the
organization but they continue to enjoy the remuneration of their superior position. The