Performance Management Project Essay Example | Topics and Well Written Essays - 2500 words

Performance Management Project - Essay ExamplePerformance management systems ar non built out of the blue. In fact, there is always some basis of establishing the system of motion management. Policies of performance management comprise immensely on the versed structure of the organization. The entire formation of the policies of premenstrual syndrome is based upon the structure, requirements, position and condition of the organization and its employees. A performance management system is vital because it benefits the organization in ensuring that the day to day activities of the organization and its employees are aligned with the goals and objectives of the organization. Performance management system not only benefits the organization but it also benefits the employees by providing them with around-the-clock feedback about their performance and also go outs them with the opportunities to enhance their performance.The most critical aspect which had been overlooked is that not on ly achievement of goal is crucial but how the goals are attained is equally considerable as it reflects the element of Corporate Social Responsibility. The idea that implementation of PMS will immediately improve the employees performance is quite unrealistic. To obtain the full potential benefits of performance management system, the organizations needs to invest with resources so that managers and employee own that system, otherwise the system will be treated as obligatory activity and neither the organization nor the employees will enjoy the benefits of this system.Any PMS will cannot be complete or perfect and when the organizations evolve, their PMS must also evolve accordingly. This report will evaluate some common issues related to the system of performance management and will also provide recommendation about how the PMS can be implemented effectively.Generally, performance management is the procedure to