Question: 4 . Implement a performance management system: A performance management system could help Thermo - Chem track and improve the performance of its employees, leading

4. Implement a performance management system: A performance management system could help Thermo-Chem track and improve the performance of its employees, leading to increased competitiveness. This could involve setting performance goals, providing feedback, and conducting regular performance reviews. The main benefit of this would be improved employee performance and development, while the main disadvantage could be the time and resources required to implement and maintain the system.

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