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Title: Performance Management
Description: This is for university Business and Human Resources students or students studying Psychology in the workplace especially 2nd year students but can be used for students in other years for extra reading. This is from University of Hertfordshire Performance Management and Reward Module. I have taken the information from the lecture slides and shortened them to make sense to me and to make it easier to pick the most important parts of the information. These notes include the following sub-topics: -Why is Performance Management (PM) important to organisations? - What PM should be - What PM should incorporate - Principles of PM - Why do we have PM systems? - Features of a PM system - Tools of PM - Advantages of PMS - Why is PMS not always successful? - The ACAS model of PM - Links with theories - Goal setting theory (Locke and Latham, 1990)
Description: This is for university Business and Human Resources students or students studying Psychology in the workplace especially 2nd year students but can be used for students in other years for extra reading. This is from University of Hertfordshire Performance Management and Reward Module. I have taken the information from the lecture slides and shortened them to make sense to me and to make it easier to pick the most important parts of the information. These notes include the following sub-topics: -Why is Performance Management (PM) important to organisations? - What PM should be - What PM should incorporate - Principles of PM - Why do we have PM systems? - Features of a PM system - Tools of PM - Advantages of PMS - Why is PMS not always successful? - The ACAS model of PM - Links with theories - Goal setting theory (Locke and Latham, 1990)
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Why is Performance Management (PM) important to
organisations?
• It can achieve competitive advantage & acts as a portal to talent
management
• Can be used for reward and promotion
o To help people get better at what they do at work
• Can increase engagement and communication with staff
o Increases employee willingness to go the extra mile at work and
be proactive and involved
• Aligns individual effort and goals with business objectives
• Ensures efficiency
o Doing things in a way that saves and helps with resources
o Doing things right
• Ensures effectiveness
o Doing the right things
PM should be:
• Strategic
o It is about broad issues and long-term goals
• Integrated
o It should link various aspects of the business, people
management, individuals and teams
PM should incorporate:
• Performance improvement
o Throughout the organisation, in respect of individual, team and
organisational effectiveness
• Development
o Ensure employees and org are continuously developed or
performance will not improve
• Managing behaviour
o Ensuring individuals are encouraged to behave in a way that
allows and fosters better working relationships
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Target setting forms, Capturing the what and how (you’re going to meet your target)
Title: Performance Management
Description: This is for university Business and Human Resources students or students studying Psychology in the workplace especially 2nd year students but can be used for students in other years for extra reading. This is from University of Hertfordshire Performance Management and Reward Module. I have taken the information from the lecture slides and shortened them to make sense to me and to make it easier to pick the most important parts of the information. These notes include the following sub-topics: -Why is Performance Management (PM) important to organisations? - What PM should be - What PM should incorporate - Principles of PM - Why do we have PM systems? - Features of a PM system - Tools of PM - Advantages of PMS - Why is PMS not always successful? - The ACAS model of PM - Links with theories - Goal setting theory (Locke and Latham, 1990)
Description: This is for university Business and Human Resources students or students studying Psychology in the workplace especially 2nd year students but can be used for students in other years for extra reading. This is from University of Hertfordshire Performance Management and Reward Module. I have taken the information from the lecture slides and shortened them to make sense to me and to make it easier to pick the most important parts of the information. These notes include the following sub-topics: -Why is Performance Management (PM) important to organisations? - What PM should be - What PM should incorporate - Principles of PM - Why do we have PM systems? - Features of a PM system - Tools of PM - Advantages of PMS - Why is PMS not always successful? - The ACAS model of PM - Links with theories - Goal setting theory (Locke and Latham, 1990)