Why is performance management important to organizations?

Question #1 Be substantive and clear, and use examples to reinforce your ideas.

The human resources department of Matrix International Corporation has recently hired you to oversee its performance management system. Employee job descriptions are the key document that define an employee’s job and thus are a basis for managing employee performance. Goal setting is a key method used to align an organization’s strategy for performance improvement. Please discuss the following with your classmates:

● What is performance management? ● Why is performance management important to organizations?

Question # 2 Senior leadership has emphasized that effective performance management is critical to long-term success at Matrix. Communication in performance management is the next topic that you will explore. Since communicating objectives, discussing performance expectations, and dialogue between employees and managers builds success, you will need to discover some best practices to share with the HR department. With you follow classmates, please discuss the following:

Complete the following:

● What are some formal methods of communication in an effective performance management system?

● What are some informal methods of communication in an effective performance management system

● What are some advantages and disadvantages of formal methods and informal methods?

Question # 3 A performance appraisal meeting is held periodically at Matrix so that managers and employees can discuss the results of the performance review and develop positive outcomes. Although at times, managers and employees may have challenges conducting a productive performance appraisal meeting, there are some strategies that can be used to add value and reduce anxiety among managers and employees. With your fellow classmates, please discuss the following:

● What makes performance appraisal meetings valuable? ● Why is it important to discuss the performance diagnosis and future planning during the meeting? ● Why should the manager and employee arrange follow up meetings?

Question # 4 Create an paper outline for the below assignment

Part 1

Matrix is interested in how performance management systems are designed effectively and how they adhere to legal requirements. Your supervisor Annalise has asked you to prepare a two-part executive report for the VP of HR that demonstrates some key factors to consider when designing a performance management system.

In Part 1 of the report due this week, Annalise has asked you to write 500-600 words that address the following questions about designing a performance management system:

● What is the importance of goal-setting when designing a performance management system? ● What is the role of a job description when designing a performance management system? ● How does performance management encourage employee development?

Question # 5