That Time of the Year

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Words: 1112

Pages: 5

Category: Business and Industry

Date Submitted: 09/30/2012 09:27 PM

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Assignment 1

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That Time of the Year

The shortcomings of the traditional annual performance review is that this review is too much focus on the employee evaluation, that often the criteria on which employees are evaluated are not closely related to the true needs of the organization. Currently there is a new concept in the field of management and information technology, known as Performance Management System which is promised to be able to help corporate executives in meeting the expectations of stakeholders and mutual shareholder with controlling performance and improvement of a company.

According to Armstrong and Baron (1998), Performance Management is both a strategic and an integrated approach to deliver successful results in organizations by improving the performance and developing the capabilities of teams and individuals. Performance management is an ongoing communication process, which is carried between the supervisors and the employees through out the year. The process is very much cyclical and continuous in nature; it is a whole work system that begins when a job is defined as needed. It ends when an employee leaves an organization. (Retrieved from: http://www.managementstudyguide.com/performance-management.htm)

In view of the case study, in Sam’s opinion, performance management was irrelevant to the running of his department (Human Resources), or any other department for that matter. It tells that the evaluation employee system at his department and the whole company (Money4U), might not formulated well with the most critical criteria and may not be highly relevant to actually achieving goals for the company. The irrelevant of the current performance management in Sam’s view is obvious without running the performance management system, Sam is able to easily judge who the good performers were...