According to Chan and Lynn (1991), the components of an organizational performance have to contain with marketability, profitability, effective, consumer satisfaction and also considering employee mindset. In this way effective and efficient employee performance will effect as a growth to the overall organizational performance.
Baron and Armstrong (1998) referred
the Performance Management, as it focused on future and individual enhancements
on capacity will lead to the growth of effectiveness in the organization.
Performance Appraisals
Performance is measured by
performance appraisals which is a
process which sets some marks to evaluate the level of performance of an
individual or a team( Denisi, 2000)
Performance is combined with
managing and measuring employee capacity.
An effective Performance Management process establishes the groundwork for excellence by:
- Combining organizational goals with employee aims by communicating and guide them to gain the purpose of their duties and finally they will smoothly complete the goals of the organization.
- Consider more on performance objectives which are coherent and make future goals based on their results.
- Create direct development plans.
- Organize small frequent meetings based on guiding them on all over the performance criteria and to collect feedback from them which will make it practical.
Performance Appraisal is basically
focused on past and do not go through direct and coherent aims. However Performance
management is a process which will continue throughout the area. It is
considered as the best and practical method (www.peoplestream.com, 2018)
(Source : www.peoplestream.com) Conclusion -
There is obviously a link between
HRM and Performance Management.Taking a Performance Management
approach involves aligning HRM practices in such a way that they maximize current as
well as future employee performance, which in turn is expected to affect organizational
performance.
Organizational performance will decide the reputation and the employee engagement, Satisfaction, Attrition ratios in the organization. As we can see its a vast area , a suitable planning and structuring have to take part in order to track these practically before the end.
Organizational performance will decide the reputation and the employee engagement, Satisfaction, Attrition ratios in the organization. As we can see its a vast area , a suitable planning and structuring have to take part in order to track these practically before the end.
References :
Chan, Y.C.L, Lynn, B.E,. Performance
evaluation and the analytic hierarchy process.1991, 50Journal of Management Accounting Research,
3, 57-87
People Stream, What is employee performance Management and the what are benefits,
Available from :https://www.peoplestreme.com/what-is-performance-management (28.12.2018)
