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LGL3702 Assignment 1 Semester 2 2024 - DUE 6 September 2024
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LGL3702 Assignment 1 Semester 2 2024 - DUE 6 September 2024 QUESTIONS WITH DETAILED ANSWERS
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[Company name]LGL3702
Assignment 1
Semester 2 2024 -
DUE 6 September
2024
QUESTIONS WITH 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.
A performance management system (PMS) is a structured approach to ensuring that
employees' work aligns with an organization's goals and objectives. It plays a crucial role in
enhancing organizational performance by managing and improving employee performance.
Here's a comprehensive analysis of the purpose, establishment, and development of a
performance management system.
Purpose of a Performance Management System
1. Alignment of Individual and Organizational Goals:
o Ensures that employees’ activities and outputs are in line with the organization’s
strategic objectives.
o Facilitates clear communication of expectations and goals.
2. Performance Improvement:
o Identifies areas where employees can improve and provides a framework for
enhancing skills and competencies.
o Encourages continuous improvement through regular feedback and development
opportunities.
3. Employee Development:
o Helps in identifying employees' strengths and weaknesses, facilitating targeted
training and career development.
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