Performance Management System Recommendations for O’Meara Electronics

This report analyzes the performance management system of O'Meara Electronics, a company facing declining profitability and market position. The case study examines the company's current strategies and identifies areas for improvement. The report explores various performance management systems, including the generalized appraisal system, technological performance appraisal, manager performance appraisal, and 360-degree performance appraisal. After a detailed comparison, the report recommends the implementation of a 360-degree performance appraisal system to motivate employees and enhance productivity. The report highlights the importance of aligning organizational goals with individual performance, providing feedback, and recognizing employee contributions. The analysis also includes a discussion on remuneration strategies and the role of an HR consultant in driving positive change within the organization. The report emphasizes the need for a systematic approach to performance management to identify talent, address skill gaps, and improve overall organizational effectiveness.