Question 1 An effective performance management system informs top performers of their value, encourage communication between managers
Question:
Question 1
An effective performance management system informs top performers of their value, encourage communication between managers and their employees, establish consistent standards for evaluating employees, and help the organization identify its most influential and weakest employees. To meet these objectives, companies must think of effective performance management as a process, not an event. Discuss any three ways a manager could schedule a performance feedback session to communicate its decision to its employees. Explain a few corrective actions employers could implement to address employees’ lack of ability and motivation in their performance levels?
Format Essay
Answer the question which Approximate length (exclusive of references and appendices) should be roughly one page, which is approximately 350 – 400 words. Where possible, support your discussion with hypothetical or real-life examples.
Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby