HRMT20024: Analysis of Performance Management Practices and Outcomes

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Added on  2023/03/17

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AI Summary
This report analyzes the impact of performance management, focusing on high-performance work systems and employee engagement. The study examines the methodology, findings, and conclusions of an article, highlighting the importance of performance management in enhancing workplace productivity and employee morale. The report discusses the article's objective of analyzing the impact of performance management, the research methods employed, and the key findings related to employee development and organizational transparency. The conclusion emphasizes the benefits of continuous performance management, including improved productivity and recognition. The report connects the article's insights to broader concepts of talent management and organizational success, providing valuable information for students studying leadership and management.
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MANAGEMENT OF
PERFORMANCE
Name:
Student number :
Campus:
Lecturer/tutor :
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Article Title and full reference
Title of the Article- Causality Between High-Performance
Work Systems and Organizational Performance
Full Reference- Shin, Duckjung, and Alison M Konrad.
"Causality Between High-Performance Work Systems and
Organizational Performance." Journal of Management 43.4
(2017): 973-97. Web.
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Article - objective
Objective
To analyse the importance of performance management on the achievement
of the superior standards of the performance related to work
To improve the morale of the employees which will beneficial in improving
the productivity of the workplace appropriately
To improve the different capabilities of the employees which will facilitate the
transparent process and provides valuable data which will improve the rate of
success
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Article - method
The methodology which has been followed in the respective
article is Quantitative Approach
The samples have been collected from different businesses in
Canada in which more than 6000 employees were taking part
through administration of the workplace and employee survey.
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Article - findings
From the overall analysis of the article, it can be identified that there will be
development of accountable people and engage the different employees
which will be beneficial for the overall success of the firm
Through encouragement of the performance management, there will be
generation of the organizational transparency as the main goal of the
performance management is to boost the overall productivity and
engagement of employees within the company
There should be incentivising of the accomplishment that will be
appropriate for the overall success of the company to achieve the different
goals.
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Article - conclusion
Therefore, it can be concluded that the continuous performance
management of the employees will be appropriate for
increasing productivity and it will improve the morale of the
different employees
The High Performance Work System is playing a beneficial
role in creating an environment with good reward along with
recognition structures wherein their work is valued and
appreciated.
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Article – how does it contribute to this week’s topic
The respective article helps in analysing the importance of
performance management and its impact on the productivity of
the different employees present in the market
Furthermore, performance appraisal helps in analysing the
progress of the work performed by employees and ensuring the
all around development of the employees in the organizations
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