Wednesday, 4 April 2012

PERFORMANCE MANGEMENT


           In this topic, I had learned two important things in performance management. There is performance management cycle and stage of performance management.  Employees provide performance, and, in exchange, employer provides rewards, which are distributed via payroll system.  Performance management systems are usually entirely internal the organization, but data must be linked to several other system, including reward, staffing, training and development, and career development.
            For performance management cycle, there are four important elements that stated.  The elements are performance planning, staff and organization, performance and development reviewing and action. These four elements are cycle and relate each other. For the element of performance planning, the organization must stated and setting the objective and also defining what is needed.  Next element was staff and the organization that enabling staff to deliver their work. Then, performance and development reviewing that tacking stock of achievement. And the last element was action. For this performance management cycle, if the action is not success or reset the objective, there will back to the performance planning element but if the action is not suitable according to the objective, it will go back to staff and organizations elements to make change.
            Meanwhile, for the stages of performance management there are five elements that we need to know. Each of the elements was related to each other.  First stage is plan. Plan is when we setting the objective and work to success that goal. Second and third stages were monitor and develop. This two stages ware doing the same task and sharing the same characteristic that was monitor and then develop daily performance management. At these stages, organization should give feedback and coach the employees who are in process of this performance management system. Organization also needs to adjust the goal if there had something wrong about their goal or objectives. The fourth stage was review. The organization need to review the performance of their employee and system at least annually. If there is something wrong, they need to discuss and document it to improve. The last stage was reward. Reward that usually used is in monetary or nonmonetary. 

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