Performance Management & Organizational Effectiveness

Performance Management & Organizational Effectiveness

Introduction

Performance management system in an organization helps enhances performance of functions to be more productive and effective by encouraging their employees and staff to improve and learn and constantly motivate them to change their key behavior essential for future performance. Several researchers in management literature have examined that key performance indicator for any organization is to improve feedback system of employees (Helm et al, 2007). However, there are some authors who claim that only positive feedback ensures motivation and consistent performance of employees while negative feedback would reduce performance significantly (Boudreau & Ramstad, 2006). Organizations today are realizing importance of improving their performance system by constantly assessing its weaknesses and strengths, which does what and when in system, how employees of an organization take initiatives to contribute in this system and finally understanding situations where feedback improves the performance of employees rather than diminishes (Tung, Baird & Schoch, 2011). The objective of this assignment is to analyze the above stated objective for medium organization called Current Version System.

Discussion

Assessing Strengths and Weakness of Performance System

Current Version System have well-developed and strong performance management system which encourage higher management and employers to communicate with ease regarding their expectations of performance. Researchers examined that by addressing the job description and job specification, the employers would able to clarify the performance standards and expectations (de Waal, Kourtit & Nijkamp, 2009). Thus, Current Version System has well-defined job descriptions and job specifications which mark its strength in performance management system.

Performance standards are another strength which is core part of performance management system of Current Version System. Every employee from top to bottom is communicated regarding how he will be evaluated and which standards he needs to maintain on every job responsibility and tasks. This is be done ...