MGMT-445 PERFORMANCE MANAGEMENT Third Edition Herman Aguinis

PROJECT PAPER 3-5 pages

In a globalized world, many organizations strive to achieve a competitive advantage over each other. Whether it is through products, technology or people, they have to decide how they are going to optimize their selection to maintain the edge in global environment. Organizations have recognized that the key asset to success is people. Further by recognizing that people are essential to their growth and development organizations have taken steps to develop systems to enhance performance.

Many HR departments have been mandated to develop performance management systems to complement the existing performance appraisal systems which can be deemed as secondary to the former. It may seem tedious to managers to comply too HR request to these appraisal forms, who would prefer to concentrate on their real job duties.

Performance Management systems are ongoing and must be developed by organizations when developing their Strategic Planning. Several initiatives would have to be taken to develop the system within the planning stage to enable it to work beneficially to all employees, rendering fair and objective reviews.

IN YOUR PROJECT PAPER DEVELOP A PERFORMANCE MANAGEMENT SYSTEM FOR A FICTITIOUS (false) ORGANIZATION.

BY USING ALL THE NECESSARY INFORMATION FROM YOU YOUR RESEARCH, MAKE THE SYSTEM WORKABLE AND VIABLE FOR ALL.