Performance Management: Analysis and Strategies for Success

This report provides an overview of performance management, focusing on various approaches to measure and evaluate employee performance. It begins with an introduction to performance management and its importance in achieving company goals. The report then delves into different performance measurement approaches, including comparative, attribute, behavioral, and results-based methods. A critical analysis of these approaches is presented, highlighting the effectiveness of each in measuring overall productivity. The report concludes by emphasizing the importance of effective performance management for gaining a competitive edge and suggests strategies for managers to implement. The report also mentions the use of the 'Results approach' to evaluate employee performance and productivity. References are provided for further reading.

Performance
Management

Table of Content
 Introduction
 Performance measurement approaches
 Critical analysis
 Conclusion
 References

Introduction
Performance management is an effective process in which m
anager and its employees work together in order to monitor
and review overall performance in order to evaluating overal
l contribution in appropriate manner. It is an effective activit
y to ensure about company goals and objectives.

Performance measurement approaches
 Comparative approach
 Attribute approach
 Behavioural approach
 Result approach
 Quality approach

Critical analysis
As per this approaches company observe that all the approach
es are more effective to measure the overall productivity in ef
fective manner so that they achieve effective end results in ap
propriate time period. But in all the strategies David Jones use
d Result approach of measuring the performance. By using thi
s strategy company easily evaluate employee performance an
d also measure their overall productivity ion appropriate man
ner.

Conclusion
As per above mentioned report it has been concluded that it is
fundamental for company to manage performance of their wo
rkers in an effective manner. This will assist them to take ben
efits from their competitors at marketplace. For above stated
purpose, manager of company can develop some strategies al
so. In this report there is description of all those strategies. Su
ch as comparative, behavioural, quality and so forth.

References
Arzu Akyuz, G. and Erman Erkan, T., 2010. Supply chain
performance measurement: a literature review.
International Journal of Production Research. 48(17).
pp.5137-5155.
Flynn, B. B., Huo, B. and Zhao, X., 2010. The impact of
supply chain integration on performance: A contingency
and configuration approach. Journal of operations
management. 28(1). pp.58-71.

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