Performance Management and its Methods

PROPOSALS
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TABLE OF CONTENT
TOPIC..............................................................................................................................................3
AIM..................................................................................................................................................3
OBJECTIVES..................................................................................................................................3
SCOPE.............................................................................................................................................3
LIMITATIONS................................................................................................................................4
RESOURCES..................................................................................................................................4
COST...............................................................................................................................................4
GANTT CHART.............................................................................................................................4
RISK REGISTER............................................................................................................................6
ETHICAL ISSUES..........................................................................................................................7
Performance management and its methods.....................................................................................9
References......................................................................................................................................11
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TOPIC
To effectively understand performance appraisal and talent management in an
organization for higher performance. For higher performance feedback and other method of
performance appraisal is being considered(Claus, 2019).
AIM
"To evaluate employee performance appraisal and talent management of workforce. Of:
Five guys."Whose store is located in UK and has 50 employees there .
To impose performance appraisal to increase the motivation among the employees of Five Guys.
OBJECTIVES
 To understanding the importance of talent management and performance appraisal.
 To use appropriate methods for performance appraisal which makes Five Guys the
leading restaurant in UK.
 To overcome the challenges of talent management and performance appraisal in five guys
 To recommend methods and strategies to implement for having better performance
appraisal.
 To implement best method of performance appraisal on the employees to encourage them
towards their work.
SCOPE
The scope of this research is to come in use to make certain of the factor that there is
good understanding which is present (Pandita, and et. al 2018). There is going to be a good
discussion which would be present in research project to make sure that there is higher
outcomes.The main motive of this project is to know the importance of performance appraisal in
the company, although it shows the motivation in the employees as well. This project will not
just help Five Guys but it will be beneficial for other companies as well who want to implement
performance appraisal in their organisation. Besides this, it will be helpful for the employees to
perform their task with full efficiency and enthusiasm. At the end this project will help the
students and other researchers to gain the in-depth knowledge about the performance appraisal.
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This report focuses on providing deep knowledge about performance appraisal which is being
used by the Five guys specially in FG and CG.
LIMITATIONS
There are going to be a lot of limitations as well which are currently present and those are
that there must be effective working and understanding which is present but due to COVID-19
there are a lot of changes which have come in. Understanding the current trends and methods is
very important so that there are going to be right working and good environment which is
existing (Whysall and et.al 2019).The major limitation of this project is that it has used only one
store of Five Guys which is present In UK and also it has taken only 50 employees so that the
collected data may not provide accurate details. Apart from this, sample size of the project is also
too small which the limitation of the project.
RESOURCES
The resource which is required is effective workforce so that there are good internal
working which is good for the performance and reputation. Tools and strategies for evaluation of
the workforce has to be present so that there are right actions and improvement which is
present.The major resources which has used to complete the project the main resources used are
– internet accessibility, phone, some relevant books bought from library and computer.
COST
Requirement of £2,250 would be required for this research to be completed to its best.
Gathering primary data and making sure that there is right interpretation which the research is
having is important therefore use of right economic factor is required (Krishna and et.al2017).
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