Dipali answered on
Sep 20 2023
WRITTEN ASSIGNMENT 4
Table of contents
Characteristics of an Ideal Performance Management System 3
Analysis of Network Solutions, Inc.: 4
Missing Characteristics and Potential Negative Outcomes: 4
Additional Scholarly Resource Comparison 5
Comparison and Rationale 5
Performance management is an essential element of organisational success because it forms the basis for employee growth and ties individual efforts to overarching business objectives. In this study, we examine Network Solutions, Inc.'s performance management system as it is given in Case Study 1-1 and assess how closely it adheres to the qualities of a perfect performance management system as outlined in Chapter 1 of our case study material. This analysis is vital because it highlights the system's advantages and shortcomings and provides insightful advice for boosting worker performance and organisational success. With regard to its performance management system, Network Solutions, Inc. has a number of commendable qualities, including goal-setting clarity, feedback, and a focus on staff development. However, it is crucial to determine if these traits meet the more general standards of justice, organisational strategy alignment, and other crucial components of an efficient system. With the use of this research, we want to identify any components that are lacking, foresee any negative outcomes, and provide suggestions based on the integration of information from academic sources. Our ultimate objective is to improve Network Solutions, Inc.'s performance management system in order to promote a more productive and engaged staff.
Characteristics of an Ideal Performance Management System
The case study’s Chapter 1 lists the qualities that make up the ideal performance management system. Clear objectives and expectations, consistent coaching and feedback, equity, employee growth, and adherence to organizational strategy are a few of these. To have the greatest influence on employee performance and organizational success, the optimal performance management system includes fairness, frequent feedback, clear expectations, employee development, and simplicity.
Analysis of Network Solutions, Inc.:
Several qualities of a perfect performance management system are present in Network Solutions, Inc. With key performance indicators (KPIs) and quarterly performance reviews, the organization defines clear goals and expectations. This fits with the first quality. Additionally, Network Solutions, Inc. regularly evaluates employee performance and provides mentoring. This...