Employee through the effective management - MyAssignmenthelp.com

Question: Discuss about the Employee through the effective management. Answer: Role of mission, goals, values and strategies on Performance Management Process Performance management is an increasing and one of the most crucial topics in every organization due to the increasing business pressures. Thus, it has become necessary for the organization to be effective and efficient in whatever they do. Performance management is a long and complex process and requires taking into account a lot of variables while defining the performance of an individual or company. Thus, defining the performance of employees is not an easy task. To ensure that performance management process is structures efficiently, it is necessary that there is proper link between the strategic plan of the business and the objectives they need to achieve (Van Dooren, Bouckaert Halligan, 2015). Thus, this shows that indirectly, performance management linked with the objectives and strategic plan of the company. This is because to achieve high performance an organization has to set effective goals and progress achieving strategies. Moreover, the employees of the organization alw ays want to perform their best (Aguinis, 2013). For the purpose it is necessary that they are clear about the goals of the organization. Thus, in the company I worked it was evident that in order to optimize the performance review process and carry out good performance management, the business set its goals effectively that followed SMART objectives, formulate a performance plan, ensure the business process, improve management, link performance management with rewards and encourage full participation. This shows that performance management largely depends on the goals, objectives and strategy of the organization. Impact of these factors on Performance Management Process Performance management is the achievement of the company over a period based upon its strategies and set goals. Goals, missions and value play a crucial role in defining the performance management process of the company. This is because depending on the goals and mission, the company moves forward with strategies and achieve good performance. The performance management system reflects the missions and values of the company. This is because a strong performance goal helps in connecting mission and values of the employees with their daily activities (Mone London, 2014). Thus, an organization always measures the performance of the employees depending on the mission of their mission. Thus, the process of performance management always helps in aligning the efforts of the employees with corporate objectives. To demonstrate the performance of an employee, a company always compares the level of companys objectives is achieved by that employee. The process goes in a step by step manner such as the strategic goals and mission of the organization is first decided by the executive of the company. Depending on the goals, employees are given performance goals with they have to achieve. Thus, in any way the goals, objectives and strategy of the company influence the performance management system (Le Roy Czakon, 2016). For example when I was working in a sale company, I was given the task of bringing new customers to the company and increase monthly sales. The companys objective was to increase sales in a month by 10 percent. Thus, my performance was measured by the rate of increase in sales I made in a month compared to the target. Influence of Strategic Plan on Performance Management Plan Strategic planning forms a huge part in the performance management plan because of its role in defining the performance of the business. Performance Management is defined largely by the human resources of the company and their achievements. The performance of the human resource then helps in deciding organizational outcomes. Thus, for the success of the organization both the perspective of human resources and organizational outcomes has to be linked with the strategic planning of the organization. Performance management is the process of impacting the key indicators of the business (Aguinis, 2013). Thus, a strategic plan of a company offers the basis for achieving these key indicators of the business. This means that in order to define the performance of the key indicators it is essential that the company decide the way the strategic work is being achieved in the organization. Thus in a strategic planning the most important tools used to deliver the things needed for performance mana gement. Moreover, a proper strategic planning is the key tool to drive the performance of the business. This is because strategic planning is the best combination of target plan, growth plan, innovation and improved executions (Buckingham Goodall, 2015). These things together form crucial effect on the business in achieving best performance over time. For example, in the company in which I worked as a project manager it was seen that once the company defined the change agenda, it designed a proper strategy plan and performance objectives. Thus from every way strategies help in achieving performance and thus plays an important role in performance management. References Aguinis, H. (2013). Performance management (3rd ed.). Upper Saddle River, NJ: Prentice Hall Buckingham, M., Goodall, A. (2015). Reinventing performance management.Harvard Business Review,93(4), 40-50. Le Roy, F., Czakon, W. (2016). Managing coopetition: the missing link between strategy and performance.Industrial Marketing Management,53, 3-6. Mone, E. M., London, M. (2014).Employee engagement through effective performance management: A practical guide for managers. Routledge. Van Dooren, W., Bouckaert, G., Halligan, J. (2015).Performance management in the public sector. Routledge.