Analysis of Performance Management System at Thomas Owen Ltd.

This report examines a performance management program developed for Thomas Owen Ltd., specifically targeting supervisors of shop floor staff. It begins with an introduction to project management and performance management, highlighting its continuous nature and importance in setting individual and team goals. The report details the positive impacts of a successful performance management program, including goal fulfillment, increased productivity, employee motivation, and improved retention rates. Key features of the program, such as planning and implementation, are discussed, along with the consequences of the program on staff, including motivation and clarity of roles. The report concludes by assessing the effectiveness of the performance management system at Thomas Owen Ltd., emphasizing its role in aligning organizational goals and values. The report also references supporting literature to support the analysis and conclusions drawn.

PROJECT MANAGEMENT

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.

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.

CONT…
• 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: 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.

Consequences of performance management program on staff
• 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.

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).

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.

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