P&G's Performance Management System and Strategic Alignment

Verified

Added on  2023/06/15

|5
|769
|498
Report
AI Summary
This report provides an analysis of Procter & Gamble's (P&G) approach to aligning its performance management system (PMS) with its strategic plan. It highlights the importance of human resources in supporting the organization's objective of providing superior quality products. The report discusses various approaches to setting up a new PMS, including informing employees, providing performance evaluation forms, guiding employees to understand their roles, and offering growth opportunities and rewards. It emphasizes the direct relationship between performance management and strategic planning, noting that strategic planning sets the target, while performance management is the action to achieve it. Furthermore, the report outlines measures to garner company-wide support for the PMS, such as HR taking the initiative, arranging processes and systems, and motivating employees. The conclusion underscores the crucial role of performance management in achieving organizational objectives and satisfying consumer needs, emphasizing that employees are key to success in today's competitive business environment. The document includes references to support its analysis and recommendations.
Document Page
Human Resource Management
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Contents
Introduction................................................................................................................................2
Approaches.................................................................................................................................2
Relationship................................................................................................................................2
Measures....................................................................................................................................2
Conclusion:................................................................................................................................3
Document Page
Introduction
A multinational organization of consumer goods called P&G headquartered in Cincinnati in
United States. It markets the products such as pet foods, cleaning agents and personal care. It
is famous for its different strategy which focuses more on needs of the consumer (P&G,
2018).
Approaches to Aligning a New Performance Management System with the Strategic
Plan
The main objective of P&G is to provide superior quality products to the consumer(P&G,
2018). To achieve this objective there is a high need of human resource which will further
support the organization in implementing the strategy. To execute the strategy successfully
there is a need to arrange a new performance management system (PMS) with the strategic
plan. In order to set up new PMS there are some approaches. In this respect, the HR manager
must inform the employees regarding new PMS. The manager needs to give the performance
evaluation form to the employees to evaluate their own performance. The employees will
critically analyse their performance which will help them to improve. The manager should
guide the employees to understand their role in the desired goals of the organization (Wilson,
2013). HR manager should also take feedback from employees and to motivate the
employees the manager should provide growth opportunities to them. On the basis of their
results, rewards and benefits should be provided to the employees (De Waal 2013).
Relationship between the PM System and the Strategic Plan
The relationship between PM system and the strategic planning can be understood through
the function of strategic planning. Strategic planning is necessary to achieve the target of the
organization and performance management can be considered as action to achieve the target
so there is a direct relationship between performance management and strategic planning
(Daley, 2012). To achieve the objectives in P&G it is necessary to focus on the performance
of the employees. The objective of strategic planning focuses on performance of the
employees to achieve the goals of the organization efficiently.
Measures to Garner the Company Wide Support of Performance Management System
The measures to garner support for the performance management system are:
Make the approach
The HR should first take the initiative to set up a new performance management system in the
organization (Daley, 2012). It is very difficult for a manager to convince the employees for
accepting new PM system therefore the manager should act like an advocate and make the
employees understand the importance of new PM system.
Document Page
Arrange the process and systems
It is very important to understand the value of performance management system to gather the
company wide support. After establishing new PMS in the organization, it is important to
understand that how it will work for achieving the organizational objectives (De Waal, 2013).
Motivate the employees to give their best
The HR manager should motivate the employees to give the best in their jobs. The manager
should proactively engage the employees in the productive activities so as to increase the
productivity of the company.
Conclusion
Performance management plays very important role in achieving the organizational objective.
It is very necessary for the organization to manage the performance of the employees because
the employees are the key to success. Employees help the organization to satisfy the
consumer needs. In this new era every business men wants to increase their customers so they
try to provide best quality products so to achieve this objective PM of employees is very
essential (Cascio, 2018).
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
References
Cascio, W. (2018). Managing human resources. New York: McGraw-Hill Education.
Daley, D. M. (2012). Strategic human resources management. Public Personnel
Management, 120-125.
De Waal, A. (2013). Strategic Performance Management: A managerial and behavioral
approach. Palgrave Macmillan.
P&G. (2018). About P&G. Retrived on February 15, 2018, from url.
http://news.pg.com/about/core_strengths.
Wilson, F.M. (2013). Organizational behaviour and work: a critical introduction. London:
Oxford University Press.
chevron_up_icon
1 out of 5
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]