Performance Management System at Home Depot

Introduction

The current performance management system in practice at Home Depot is faced with a host of challenges and thus the managers are increasingly being concerned about the negative impacts arising from this type of performance management system. The performance management system in successful organization is implemented with an aim of successfully analyzing the varying levels of employee's performance levels and in addition incorporating measures for a successful improvement in the performance levels of its employees.

Many times organizations are faced with stellar challenges pertaining to their performance management systems and thus managers need to perform a comprehensive analysis of their performance management system with a view to achieving greater performance levels. With a comprehensive analysis of the performance management system at Home Depot, we would look to unearth some of the major issues and challenges that the current performance management system is faced with. In addition, we would also propose some suggestions considering the organizational culture of Home Depot in order to successfully get the performance evaluation system to accomplish the desired results (Bacal, 2012).

Discussion

The current performance management system has failed to comprehend the essence of performance evaluation such as staff morale, productivity, motivation and customer service. Until recently, Home Depot has been suffering from a decreased level of sales that has tarnished the reputation of Home Depot. With a decreasing level of revenues, the Home Depot has not been able to tackle the competitive threat and thus is just following the trend. The need of the hour for Home Depot is to have a performance management system in place that not only increases staff morale but is also involved in increasing the revenues as well as enhancing the customer service. The aim of the reformed performance management system would be to successfully enhance ...