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LGL3702 Assignment 1 Semester 2 2024 - DUE 6 September 2024 $2.50   Add to cart

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LGL3702 Assignment 1 Semester 2 2024 - DUE 6 September 2024

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LGL3702 Assignment 1 Semester 2 2024 QUESTIONS WITH ANSWERS

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  • July 21, 2024
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  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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LGL3702 Assignment
1 Semester 2 2024 -
DUE 6 September 2024
QUESTIONS AND ANSWERS

, LGL3702 Assignment 1 Semester 2 2024 - DUE 6 September 2024



Fully analyse the purpose of a performance management system. In your answer
you should describe how a performance management system is established and
developed.

Purpose of a Performance Management System

A performance management system (PMS) is a systematic process used by
organizations to enhance the performance of employees and align their activities
with the organization's goals and objectives. The primary purposes of a PMS
include:

1. Goal Alignment: Ensures that individual goals and objectives are aligned
with the overall strategic goals of the organization, fostering a unified
direction and purpose.

2. Employee Development: Provides a framework for identifying employee
strengths and areas for improvement, facilitating targeted training and
development programs.

3. Motivation and Engagement: Motivates employees by recognizing and
rewarding high performance, thus increasing job satisfaction and
engagement.

4. Performance Measurement: Offers a clear and consistent method for
evaluating employee performance, enabling data-driven decisions.

5. Feedback and Communication: Enhances communication between
employees and management through regular feedback, helping to clarify
expectations and resolve issues promptly.

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