Question: 1. Read the case below that describes Sonic's training and development program. Case Study: Founded in 1987, Haier Enterprises is a health, wellness, and beauty

1. Read the case below that describes Sonic's
1. Read the case below that describes Sonic's training and development program. Case Study: Founded in 1987, Haier Enterprises is a health, wellness, and beauty products company that has nearly 7,000 employees. In 2009, Haier began developing a new performance management evaluation system. According to the new PMsystem, performance ratings uses forced distribution model of performance ranking in which employees are ranked with respect to one another (i.e., not absolute but relative ranking system). The company codified responsibilities and measures for each job class, and managers were instructed to have goal-setting meetings with employees. In January. all performance reviews were conducted in conjunction with the annual goal-setting process. Employees were categorized into one of four ranking categories as below. Based on performance rating, the company incentivize top achiever (top 10\%) to stay in order to vest and receive payout on some of their bonus compensation, and fired employees who were categorized into unacceptable (top 3% ). 2. In a new post, use the Reply button at the bottom of this page to respond to the following questions: - Do you think Haier's new performance management system is well-developed? If so, why do you think so? If not, what other performance management systems do you think the company can use

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