Question: INSTRUCTIONS: Students are required to read the Chapter on the Performance Management Process ( Chapter 2 ) . Do the following as instructed below: The
INSTRUCTIONS: Students are required to read the Chapter on the Performance Management
Process Chapter Do the following as instructed below: The assignment is to be completed
using no more than three to five typed pages that meets APA requirements to also reflect
double space, Times New Roman Font and Font size
ACTIVITY ONE: Read the case below and then respond to the requirements that follow.
Case Study: Performance Management at Stellar Financial Services
Company Overview: Stellar Financial Services SFS is a large firm offering a range of
financial products, including loans, investment services, and insurance. The company places a
strong emphasis on employee development and has adopted a performance management syste
aligned with the major performance management principle reflected in the literature. This
system integrates both performance management and performance appraisal to drive employee
growth and achieve organizational goals.
Scenario: Linda Thompson is a financial analyst at SFS where she has worked for five years.
Known for her analytical skills and attention to detail, Linda has consistently met her targets.
However, her recent performance appraisals suggest that while she excels in individual tasks, she
could improve in areas such as leadership and client relations, which are increasingly important
for her role.
Performance Management Process information:
Performance Planning: At the beginning of the year, Linda's manager, Steve, meets with her to
discuss the expectations for the year ahead.
Ongoing Feedback and Coaching: Steve provides Linda with regular feedback throughout the
year. They hold quarterly meetings to review her progress on the set goals.
Performance Appraisal: At the end of the year, Steve conducts a final formal performance
appraisal. This process involves evaluating Linda's performance against the goals they set at the
start of the year. The appraisal reveals that Linda has made significant strides in client relations
but still needs to work on her leadership skills.
Development Plan: Based on the appraisal, Steve and Linda develop a new plan for the next
review year.
Performance Rewards: Linda's performance appraisal results in a meritbased salary increase
and a bonus, reflecting her achievements over the year. However, Steve emphasizes that future
rewards will be tied more closely to her progress in leadership and client management.
REQUIRED:
You are required to answer ALL THE QUESTIONS BELOW
Question One:
At each stage of the process reflected in the case how could Steve the supervisor and appraiser
and Linda the appraise improve on each stage reflected in the case to improve Linda's
performance for the upcoming review period.
marks
Question Two:
Justify the role of ongoing feedback in the performance management process, and why is it
essential before the performance appraisal in Linda's case?
marks
Question Three:
Support the need to have development plans discussed, implemented and evaluated on a
continuous basis to improve individual and organizational performance. Provide examples to
support your viewpoint.
marks
Question Four:
How does the alignment of individual goals with organizational objectives in the performance
management process benefit both the employee and the organization, as seen in Linda's case?
marks
PROVIDE DETAILED SOLUTIONS FOR EACH QUESTIONS
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