Performance Management

SBL/ STM MBA August 2011

Managing Human Capital Assignment

Value: 30%

Length: Approximately 3000 words

“Performance management can be a useful tool to align company objectives and individual objectives. This results in successful operations.”Discuss this statement and come to a conclusion as to whether you agree or disagree with it. As part of your answer describe how the performance evaluation system can be managed to ensure the alignment of both individual and organisational goals.

Guidelines :

1. Thorough literature review must be evident.

2. Discussion on the factors that need to be considered when undertaking performance appraisal should be undertaken. Discussion and debate on the statement should be seen.

3. There must be sufficient linkage between theory and practice.

Harvard style of references should be used.

1. Intruduction

2. Company objectives

3. Individual objectives

4. Conflicts between Company Objectives and Individual Objectives

5. Performance Management

6. Performance appraisal to align employee-management conflicts

• Types of performance appraisal systems

• Factors that need to be considered when undertaking performance appraisal

• Management of performance evaluation system

7.Conclusion.

In the past a leader was a boss. Today's leaders must be partners with

their people... they no longer can lead solely based on positional power.

Kenneth Blanchard

1. Introduction

……………………………………………………….

……………………………………………………….

2. Company objectives

"Objectives are statements of specific outcomes that are to be achieved"

The survival and effectiveness of the company depend on objectives that are important in every area of activity where performance and results directly affected. Objectives are a form of