Analysis of Project Management and Performance for Thomas Owen Ltd

This report provides a comprehensive analysis of a performance management program implemented at Thomas Owen Ltd. It begins with an introduction to project management, defining it as a continuous process aimed at improving organizational performance through goal setting and employee development. The main body of the report details the positive impacts of a successful performance management program, including increased productivity, goal fulfillment, and employee motivation. Key features of the program, such as planning, implementation, assessment, and review, are discussed in the context of Thomas Owen Ltd. The report also examines the consequences of the program on staff, highlighting its role in motivation, clarity of roles, teamwork, and taking responsibility. The effectiveness of the performance management system is evaluated, emphasizing the use of a 360° performance appraisal program. The report concludes that an effective performance management program is crucial for organizational success, as demonstrated by the case study of Thomas Owen Ltd, and its impact on employee performance and organizational goals.

PROJECT
MANAGEMENT

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Project management...............................................................................................................3
Impact of successful performance management program......................................................3
Key features of performance management program..............................................................4
Consequences of performance management program on staff...............................................4
Effectiveness of performance management system...............................................................5
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
Performance management is an approach through which organisations measure performance
of their employees. In this following report a performance management program for Thomas
Owen Ltd. Is developed. This programme is for supervisors of shop floor staff. The following
report consists of description of project management (Ateh, Berman and Prasojo, 2020). Impact
of successful performance management, its key features, consequences as well as its review has
been discussed in it. The effectiveness of performance management programme for company is
also being discussed.
MAIN BODY
Project management
Performance management is said to be a continuous process in which performance is
improved in an organisation by setting up various goals which may be individual or for a team.
In this planning performance, reviewing and assessing programs, developing knowledge, skills
as well as ability of employees is focused on. It is not a one-time work but a continuous practice
which requires a lot of planning before implementation.
Impact of successful performance management program
The performance management program developed by Thomas Owens was successful and
had a number of positive impacts on the organisation. Below mentioned are those positive
impact of performance management program on organisation:
 It leads to fulfilment of all the goals and objectives setup by business.
 It also increases productivity of employees leading to increase in revenues as well as profits
for the organisations.
 It has a long-term benefit on career development of employees in an organisation.
 Performance management helps an organsation to differ between productive as well as
unproductive tasks in an organisation (Musso and Weare, 2020).
 With the help of this program management of Thomas Owens keeps their employees
motivated and satisfied. This leads to increase in employee retention rate in an organisation.

Key features of performance management program
Planning, implementation, assessment and review are the key features of a performance
management program. Following features regarding performance management at Thomas Owens
Ltd. is mentioned below:
Planning: This is the first step taken by any organisation which leads to increase in productivity
in an organisation. The company should clearly define its plans as well as its objectives. These
plans help company to about the criteria on which they will judge the employees in organisation.
Thomas Owens makes it clear to employees what they are expected of.
Implementing: In this step company takes various actions to align employees as well as
organisations goals. If employees understand how organisational goals will help them fulfil their
personal goals, they can easily work towards it. Managers at Thomas Owens very carefully
design programs to align these two goals.
Assessing: It is important for managers to continuously keep on assessing the work done by their
subordinates. In Thomas Owens supervisor at shop floor staff is assessing all the employees
under it continuously. If any deviation in staff from goals is seen the feedback is provided
quickly in order to avoid any deviation between goals and result in organisation.
Review: It is important that performance management system formulated by organisation aligns
everyone in organisation with company’s vision and mission (Pulakos and Battista, 2020. There
is a meeting conducted for performance review in which the direct report assesses their own
performance. In this the aspect of benefits from programs are assessed first. Thomas Owens does
this after every performance management program is completely conducted.
Consequences of performance management program on staff
Performance management program is an important carrier development tool for employees
in an organisation. It helps to guide and employ on the part of their corporate advancement and
employ also get a clear understanding of what they’re expected to do in their duties. Various
consequences of performance management system on employs of Thomas Owens are mentioned
below:
Motivation: Performance management systems makes an employee motivated to words their
work. When an employee is appraised positively it helps to motivate them which will improve
their productivity for the organization. Thomas Owens motivate their employees with the help of
performance management program.

Clarity: Performance management program helps employees to be clear of their job roles and
responsibilities. It helps an organization to explain its employees what they are expected of.
Thomas Owens explains the plan in performance management and also conduct regular meetings
in order to make sure that all the employees in organisation are well aware of the rules as well as
responsibilities.
Teamwork: it is important for a manager to keep an annual review of all the activities and
accomplishment achieved by employs. Therefore, employers make sure that they work in a team
cooperating with everyone in order to achieve the goal. Thomas Owens make sure that its
employees understand how they work me affect job of others. This understanding helps to
improve notion of teamwork for an employee.
Take responsibility: In order to gain positive response from performance management program
employees often make sure that they work more than their capability. Thomas Owens make sure
that its employees are ready to take responsibilities for their work. The accomplishment provided
after performance management make sure and also encourages employees to take credit for their
work.
Effectiveness of performance management system
Management of Thomas Owens is taking major care that performance management program
is positively effective for the organisation. Performance management program helps organisation
to make organisational goals and values, plan to complete those goals, act in favour of those
goals, track the practice of those goals, and then review the achievement of goals (Kumar, 2020).
Thomas Owens is using 360° performance appraisal program for their employees. This
program make sure that assessment of an employee is done by others as well as by themselves.
Self-assessment is a great way to assess any employee. Also the positive motivators after
assessment such as raising incentives, promotion, recognition in organisation and so on
motivates an employee. It Helps in increasing productivity of employs which results in increase
in revenues as well as profits for the firm
CONCLUSION
From the following report it can be concluded that it is important for every organisation to
develop an effective performance management program. Thomas Owen Ltd. is using effective
performance management programs for its supervisor of shop floor staff. This performance

management helps company to judge employees based on their performance. It also helps to
decide on their pay scale, their promotions as well as demotions and training and development
required for them.

REFERENCES
Ateh, M.Y., Berman, E. and Prasojo, E., 2020. Intergovernmental Strategies Advancing
Performance Management Use. Public Performance & Management Review, pp.1-32.
Musso, J.A. and Weare, C., 2020. Performance Management Goldilocks Style: A Transaction
Cost Analysis of Incentive Intensity in Performance Regimes. Public Performance &
Management Review, 43(1), pp.1-27.
Pulakos, E.D. and Battista, M., 2020. Transforming Performance at Patagonia. Performance
Management Transformation: Lessons Learned and Next Steps, p.150.
Kumar, N., 2020. Better Performance in Human Action Recognition from Spatiotemporal Depth
Information Features Classification. In Computational Network Application Tools for
Performance Management (pp. 39-51). Springer, Singapore.